Longs:
CNX
WFC
INTC
GCI
SPWR
MSFT
HST
PLD
JBLU
HSP
STX
AXL
GS
NWL
TXT
GCI
KORS
MRVL
REGN
MGM
GMCR
STX
ECL
MWV
HST
V
GT
Shorts:
DNR
RRC
D
CBST
DE
BBBY
DRI
LNKD
PG…
An incredibly orderly and logical (almost transparent) conclusion to last week. NASDAQ achieved distance from the 50 DMA, The Russell 2000s cleared the 200 DMA, and the S&P 500 closed on new highs!
Of course the week ended well on …
****NOTE: THC: Lowering target one a bit to 48.69
+++++++++++++++++++++++++++++++++++
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch Co.
Sell Stop: 36.26
Current Price: 37.16
Reason For Trade: Converging moving averages on daily chart with …
****NOTE: THC: Lowering target one a bit to 48.69
+++++++++++++++++++++++++++++++++++
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch Co.
Sell Stop: 36.26
Current Price: 37.16
Reason For Trade: Converging moving averages on daily chart with …
Longs:
WFC
INTC
KORS
GCI
JBLU
TSLA
REGN
BID
OC
PM
NKE
CCL
AMPE
MRVL
RH
ISIS
SRPT
BIIB
MGM
FB
SCCO
A
TRIP
UNH
HD
Shorts:
ITW
COV
TXT…
I began this week thinking that investors would be satisfied by the end of this week if NASDAQput some distance between it and the 50 DMA and the small caps cleared the 200 DMA (or at least looks like they …
***NOTE: Raise Stop ANF 36.26
THC: Since got real close to 2 ATRs and the market has lacked follow through, going back to a breakeven stop
+++++++++++++++++++++++++++++++++++
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch …
***NOTE: Raise Stop ANF 36.26
THC: Since got real close to 2 ATRs and the market has lacked follow through, going back to a breakeven stop
+++++++++++++++++++++++++++++++++++
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch …
…
Trade Plan For 5/22
Market Condition:There is not a clear trend in all the market watch charts. Follow the market if it goes higher. Look for weakness if the IWM breaks the inside day low.
Long Focus:
- MCD
- …