Trade Plan For 9/18
Market Condition:Neutral with bullish bias
Long Focus:
- VMC
- BRCM
- A
Short Focus:
- KMB
…
A couple of signs coming into Tuesday’s session made the rally not only probably but somewhat expected. First, the S&P 500 broke the recent trading range on Monday yet closed within the range. Secondly, the Dow or DIA held on …
New Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 30.20
****Raised Sell Stop: 29.94
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:
INTC
ODP
SWI
HUN
IBM
ETR
HSP
M
HPQ
PM
MRVL
SPLS
PHM
TEX
SWK
CTXS
SCTY
D
MDVN
RSG
RCL
P
Shorts:
JOY
CAM
GLD
IYR…
Longs:
SWK
INTC
RSG
LMT
IBM
ETR
HPQ
LPX
LEN
SPLS
PXD
PHM
HSP
GE
THC
WHR
KRFT
D
NKE
Shorts:
CCJ
SINA
BID
MOS…
We came into this week expecting a possible trading range expansion with the caveat that how the indices closed was more key than how they behaved intraday. Furthermore, we also anticipated a muted start of the week ahead of the …
New Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 30.05
****Raised Sell Stop: 29.94
Reason For Trade: Clearing the 50 DMA. Good daily basing action. If can clear over 33.20 see big potential to 40.00
First …
You can view the ETF Complete Portfolio’s current positions and performance at this link:
https://marketgauge.com/recommendations/etf-complete/etf-complete-model-portfolio/
If you have any questions about getting started please drop us an email at: [email protected]
This Week’s Strategy Lesson: Measuring Your Model (Part 1 of …
This week there were no position changes in the ETF Country Plus model. IFN reached its first profit target last Friday and the stops and targets model took off 1/3rd of that position. Our current three positions are FXI, TMF, …
In the Basic model, our three positions are SOXL, TECL, and CURE. In the Stops & Targets model we are out of SOXL, and have full positions in TECL and CURE.
The SPY closed the week up down -0.98%. The …