Longs:
CLR
FB
INTC
PM
K
GOOG
HUN
SCCO
HSP
AFL
PNC
AMZN
WFM
GE
MRVL
CCI
NKE
KSS
PG
WMT
SODA
SFM
YOKU
PSX
Shorts:
OXY
OC…
All last week I wrote about the trading range and how once it broke one way or another it would set the stage for the next few weeks. I also wrote that the way the interest rates range broke (TLTs) …
Note: Put stop in PM back to 84.73 going into Monday
Existing Position: Long PM 85.80 ATR: .74
Name of Instrument: Philip Morris
***Lowered Sell Stop: 84.57
Current Price: 85.45
Reason For Trade: Confirmed Phase change to Bullish with good …
Longs:
CLR
FB
INTC
PM
K
GOOG
HUN
SCCO
HSP
AFL
PNC
AMZN
WFM
GE
MRVL
CCI
NKE
KSS
PG
WMT
SODA
SFM
YOKU
PSX
Shorts:
OXY
OC…
Marketgauge has a new proprietary software tool that gauges the market tone. We are using that as a layer in addition to the market internal indicator or McClellan Oscillator. The McClellan showed aneutral short term bias while our market tone …
Note: Lowered stop in PM to 84.57
Exited XOP at 76.93
Existing Position: Long PM 85.80 ATR: .74
Name of Instrument: Philip Morris
***Lowered Sell Stop: 84.57
Current Price: 84.99
Reason For Trade: Confirmed Phase change to Bullish with good …
Longs:
FB
M
CCI
NKE
SCCO
KSS
PG
PNC
WMT
AMZN
WFM
GE
MRVL
INTC
JBL
CCL
LPX
SCTY
Shorts:
ANF
SINA
APA
MON
KORS
BHI…
…
Based on Geoff Bysshe’s weekend notes “Look to follow the direction on Wednesday that takes place relative to what happens Tuesday, especially if that range extends outside the range of last week,” NASDAQ is our best example with the Russell …
Existing Position: Long PM 85.80 ATR: .74
Name of Instrument: Philip Morris
***Raised Sell Stop: 84.73
Current Price: 85.40
Reason For Trade: Confirmed Phase change to Bullish with good risk to under the 200 DMA and can move stop up …