Longs:
SWI
KOG
XOP
WLL
AMGN
KMX
OIH
IFN
CAM
FTI
APA
Shorts:
LVS…
NEW Position: Long XOP 76.25 ATR 1.38
Name of Instrument: SPDR S&P Oil & Gas Exploration
Sell Stop: 74.87
Current Price: 76.20
Reason for Trade: After basing for 10 days on its 200 DMA and a prior weekly breakout level, …
Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.
All Financials led the way today with BAC surging over 4% after confirming that has reached a final settlement with the Department of Justice. The excitement there seemed to spill …
…
Trade Plan For 8/21
Market Condition:Neutral due to overbought conditions
Long Focus:
- APA
- AXP
Short Focus:
- AMAT
…
Longs:
SWI
XME
KMX
KOG
WLL
XOP
OIH
IFN
CAM
FCG
FTI
CF
APA
AXP
Shorts:
KMB
LVS
GES
AMAT…
NEW Position: Long XOP 76.25 ATR 1.38
Name of Instrument: SPDR S&P Oil & Gas Exploration
Sell Stop: 74.87
Current Price: 76.20
Reason for Trade: After basing for 10 days on its 200 DMA and a prior weekly breakout level, …
Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.
All The FOMC minutes drove the markets from their highs for the day to their lows of the day, but that was just another opportunity for the bulls to buy …
Longs:
XME
KMX
APD
KOG
WLL
XOP
OIH
SWI
ADI
CAM
BTU
Shorts:
FTI
GME
KMB
FOSL
LVS
ADSK…
Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.
All four indexes, QQQ, DIA, SPY, and IWM have now gapped higher the last 5 days in a row! The QQQ telegraphed its strength in early August as it held …