Longs:
MU
ETR
T
KSS
CELG
CSIQ
HSP
CBST
PM
SWI
LEN
BXP
P
GS
BAC
LM
D
TXT
NSC
NVDA
Shorts:
WNR
AAPL
CAT…
Longs:
LM
MU
PANW
TWTR
CSIQ
PNRA
PM
NVDA
D
SWI
LEN
BXP
P
KSS
ROST
HAL
ODP
UA
SFM
SPLK
TSLA
Shorts:
SBUX
SBAC
ARCC
A …
Bum, bum, Bailey O! -buy the reversal off the low! Sounds so easy, a child can do it. A child named Russell perhaps, as it comes as no surprise that the weakest one runs up first.
But where did IWM …
New Position: Long PRGO 150.80 ATR 2.35
Name of Instrument: Perrigo Company Place
Sell Stop: 148.29 (watch for a raising of stop on Friday to under Thursday low with fudge)
Current Price: 151.46
Reason For Trade: Already confirmed the recovery …
…
***NOTE: Out of IPG 17.93 very small loss. Good news is we are back to cash and can afford patience on any new entry long or short
+++++++++++++++++++++++++++++++++++++
Out of Position: IPG: Long 18.24 ATR .30 out at 17.93…
Is there any hope still alive as we saw all the holdouts except Biotechnology on the 50 DMA finally give it up-and in a big way?
I for one, who dreads buying strength, doesn’t exactly buy weakness, and prefers to …
Longs:
D
SWI
LEN
BXP
IGT
PM
PRGO
NYT
Shorts:
AAPL
A
UPS
BIDU
SBAC
SBUX
CHKP
MCK…
Trade Plan For 10/2
Market Condition:Bearish
Long Focus:
- PRGO
- VFC
- ETR
Short Focus:
- CHKP
- SPY
…
If there are two indicators I call my reliable best friends, they are the50 and 200 DMA's-or what I prefer to say-Determining the Phaseof any instrument.
Why? Because they tell me mostly everything I need to know-long or short, how …