NOTE: Stop Changes: RAISE Sell Stop in CSC to 62.19
Raise Sell Stop in KRE to 38.97
++++++++++++++++++++++++++++++++++++++
New Position: Long CSC at 62.98 ATR .86
***NOTE-Must exit on or before August 7th before earnings-no date confirmed
Name of Instrument: …
Longs:
ATI
SLCA
GT
A
UPS
HES
SBUX
HSP
STT
TXT
AXL
NSM
IPG
CAM
NKE
RIO
UA
PM
Shorts:
BMRN
CBST
HOG…
An interesting surprise to begin the week with the market shrugging off any geopolitical or European banking issues and going the way of the World Cup looking for a goal!
I find value in examining the consistent indicators I watch, …
New Position: Long CSC at 62.98 ATR .86
***NOTE-Must exit on or before August 7th before earnings-no date confirmed
Name of Instrument: Computer Sciences
Current Price: 62.72
**Stop Loss: 61.89
Reason For Trade: Second try against the 50 DMA with …
New Position: Long CSC at 62.98 ATR .86
***NOTE-Must exit on or before August 7th before earnings-no date confirmed
Name of Instrument: Computer Sciences
Current Price: 62.72
**Stop Loss: 61.89
Reason For Trade: Second try against the 50 DMA with …
This Week’s Strategy Lesson: Earnings Season
We kicked off earnings season this week. It is a quarterly event driven primarily by the reporting of profits, business conditions, and forecasts of the major U.S. corporations. While our strategies invest in ETFs, …
This week there were no position changes in the Sector Plus model. Our current three positions are SOXL, ERX, and DRN. To open next week, we will remain in those three ETFs.
The SPY closed the week down -0.81%. The …
This week we made no position changes in the ETF Country model. Our current three positions are SSO, TMF, and IFN. To open next week, we will remain in those three ETFs.
The MSCI World Index closed the week up …
Longs:
FXI
EWW
EW
XRX
WYN
BHP
GT
HUN
X
NWL
STT
TXT
AXL
DDD
IBM
GS
TEVA
UNH
AMP
Shorts:
D
VMW
COG
DG
KORS…
With the end of last week and for consistency’s sake, I’d like to review 3 indicators.
Semiconductors-they held the 10 DMA but failed to close above 50.53 which was the ultimate game changer from the topping pattern put in place …