Longs:
CNX
DIS
INTC
KORS
GMCR
BID
PM
NKE
NEM
CIEN
CCL
AMPE
AGO
AMZN
FB
THC
DVN
TSLA
ECL
SCCO
EQT
HSP
MSFT
WLL
GCI
CI
LVS
Shorts:
DRI
ITW…
The market responded well to what sounded like double talk to me. Fed: “We can stimulate to improve the employment number without spiking inflation” The other Fed: “We will begin weighing options to raise rates, pull back stimulus.”
We all …
***NOTE: Lower stop ANF 35.79
Raise stop in THC to no loss now that we have 2 ATRs
+++++++++++++++++++++++++++++++++++
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch Co.
Sell Stop: 35.79
Current Price: 36.83
Reason …
***NOTE: Lower stop ANF 35.79
Raise stop in THC to no loss now that we have 2 ATRs
+++++++++++++++++++++++++++++++++++
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch Co.
Sell Stop: 35.79
Current Price: 36.83
Reason …
Longs:
GMCR
CNX
IPG
AGO
NEM
SWI
CIEN
CCL
JCI
AMPE
JBLU
NFLX
GOOG
P
FCS
BIDU
NFX
DLR
TOL
SLB
CYH
LGF
NEE
Shorts:
OXY
WFC
GM
PH…
The small caps look terminal but, they are holding the key point of reversal from May 15th and if Tuesday typifies the 2014 action, Wednesday, we might see an up day-even possibly a move to the 200 DMA and beyond.…
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch Co.
Sell Stop: 36.26
Current Price: 37.17
Reason For Trade: Converging moving averages on daily chart with perfect risk under 200 DMA. Long term charts 2 year …
Existing Position: Long ANF: 38.20 ATR 1.35
Name of Instrument: Abercrombie & Fitch Co.
Sell Stop: 36.26
Current Price: 37.17
Reason For Trade: Converging moving averages on daily chart with perfect risk under 200 DMA. Long term charts 2 year …
Longs:
OI
JBLU
GILD
WFC
KORS
MRVL
TEX
CCL
SPWR
GOOG
NFLX
P
AMPE
CNX
OI
XRX
ANF
AON
HSP
KRFT
LNKD
EL
JCI
TMO
PM
FCS
Shorts:
JOY
NEE
OXY …
Turnaround Monday but selectively, concentrated in certain NASDAQ stocks such as TSLA, NFLX, TRIP advisor to name a few.
NASDAQ itself breached the 50 DMA to close with an unconfirmed bullish phase. Anxiety certainly dissipates when the leaders that have …