Healthy digestion last Friday or another freaky scare for the bulls, reason to come out of the den for the bears? To quote Mr. Bill, “That is the question!”
Have I mentioned startling divergences lately? Oh yes, not since last …
Existing Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 31.46
****Lowered Sell Stop: 29.74
Reason For Trade: Clearing the 50 DMA. Good daily basing action. If can clear over 33.20 see big potential to 40.00
First …
Longs:
ESRX
FB
PM
FTR
ETR
EMR
NNN
WMT
BXP
XOM
T
AMZN
MRVL
D
BBBY
LGF
WHR
Shorts:
CHK
EBAY
NFLX
CAM
JOY
OXY…
A sleepy rally in the indices with pockets of excitement mainly in the financial sector. Semiconductors kicked into gear along with Transportation and certain Healthcare equities; yet overall, the day turned out better defined by glaring divergences.
Perhaps the major …
***NOTE: New stop in GE is 25.94
+++++++++++++++++++++++++++++++++++
Existing Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 31.29
****Lowered Sell Stop: 29.74
Reason For Trade: Clearing the 50 DMA. Good daily basing action. If can clear …
Longs:
ODP
INTC
ESRX
HPQ
FB
FSLR
CAH
T
RIO
AMZN
TEVA
PM
MRVL
SOCL
HCA
NKE
LEA
MNK
PANW
Shorts:
CAM
ANF
KMB
JCI
FCX…
…
The FED gave stocks a temporary intraday reason to party with the now confirmation we needed for the phase change in the small caps, while the Dow ran for its second day to new highs.
However, many individual equities and …
***NOTE: First profit target hit in GE at 26.39 took off 1/3 now no loss stop
+++++++++++++++++++++++++++++++++++
Existing Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 30.55
****Lowered Sell Stop: 29.74
Reason For Trade: Clearing the …
Longs:
INTC
ODP
ESRX
HPQ
FSLR
WHR
ETR
PCG
PM
MRVL
PHM
SWI
SPWR
P
FB
TEX
T
AAPL
Shorts:
CAM
BID
MON
FCX
CBS…