Longs:
TEVA
DFS
MS
NFLX
TRIP
OI
COF
CAM
THC
ADSK
PNC
TXT
DDD
SFM
CIEN
LNG
HSY
CBST
HAL
Shorts:
QIHU
PX
IBM
WFM…
It seems that the week has kicked off setting the tone possibly until the FED announcement mid-week, or possibly until triple options expiration on Friday. In other words, choppy, slow, low volume, directionless, but maintaining the bull phase unless the …
****NOTE: 2 ATRs in TAN go to a no loss stop 40.30
+++++++++++++++++++++++++++++++++++
Existing Position: Long TAN 40.30 ATR 1.05
Name of Instrument: (ARCX) Guggenheim Solar Energy
Current Price: 42.75
***Breakeven Stop: 40.30
Reason For Trade: After a slingshot low …
****NOTE: 2 ATRs in TAN go to a no loss stop 40.30
+++++++++++++++++++++++++++++++++++
Existing Position: Long TAN 40.30 ATR 1.05
Name of Instrument: (ARCX) Guggenheim Solar Energy
Current Price: 42.75
***Breakeven Stop: 40.30
Reason For Trade: After a slingshot low …
This Week’s Strategy Lesson: Proof of Concept
In the last two weeks we have rolled out an alternate way to trade both the ETF Sector Plus and ETF Country Plus models. We spent extensive time with a bottom-up approach evaluating …
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 down …
This week there were no position changes in the Sector Plus model. Our current three positions are SOXL, ERX, and DRN. SOXL hit its final target and will be exited in the Stops&Targets model but that position will remain open …
Longs:
COF
CAM
ALL
PM
ADSK
ETR
TEVA
SPWR
CIEN
TWTR
BIDU
ATI
HAL
CHK
CI
BYD
Shorts:
AAPL
QCOM
WFM
TTM
KKD
PIR
DE…
One could argue both sides for whether or not last week’s action and especially the digestion on Friday was bullish or negative (won’t use the word bearish when the phase is bullish).
The S&P 500 closed out the week hovering …
***NOTE: STOPPED OUT Trailing Stop THC: 47.36-filled 47.30
+++++++++++++++++++++++++++++++++++
Existing Position: Long TAN 40.30 ATR 1.05
Name of Instrument: (ARCX) Guggenheim Solar Energy
Current Price: 42.00
Sell Stop: 38.94
Reason For Trade: After a slingshot low May 21st, been compressing …