As if the divergence could not get any more spectacular on every level-here’s the breakdown:
S&P 500-Bullish Phase Closed Green
Dow-Bullish Phase Closed Green
NASDAQ-Strong Warning Phase Closed Red
Russell 2000-Distribution Phase-Closed Red
3 phases among the 4 indices!
What …
New Position: TBT: Long 63.04 ATR 1.07
Name of Instrument: Ultrashort Lehman 20+ Yr Treasuries
Sell Stop: 61.94
Current Price: 63.15
Reason For Trade: Total bottom fishing based on recent brick wall bottom. Tight risk to under recent lows. I …
New Position: TBT: Long 63.04 ATR 1.07
Name of Instrument: Ultrashort Lehman 20+ Yr Treasuries
Sell Stop: 61.94
Current Price: 63.15
Reason For Trade: Total bottom fishing based on recent brick wall bottom. Tight risk to under recent lows. I …
When we used to do a lot of sailing, before we moved to the high desert, we would look for white caps in the water as a sign to put on those life preservers and navigate for calmer seas.
Most …
Existing Position: Long ½ Position EWP 41.76 ATR .48
Name of Instrument: iShs MSCI Spain Capped
Reason For Trade: Upgraded last week, cleared the 80 month moving average-has potential for much bigger move
Current Price: 42.11
Sell Stop: 40.64
First …
Existing Position: Long ½ Position EWP 41.76 ATR .48
Name of Instrument: iShs MSCI Spain Capped
Reason For Trade: Upgraded last week, cleared the 80 month moving average-has potential for much bigger move
Current Price: 42.11
Sell Stop: 40.64
First …
Longs:
HUN
ADP
CNX
XO
AON
PM
ONVO
HAL
KORS
OHI
DG
FSLR
BA
Shorts:
CERN
DFS
LNKD
EXPE
TIF
TRIP
NOW
TRLA…
Longs:
CPN
PLD
HAL
HUN
HCA
TEVA
DOW
MGM
YHOO
YELP
AON
KORS
ANF
HSP
RIO
AAPL
A
LULU
AGN
GOOG
BA
IRWD
QCOR
NFLX
Shorts:
GME
IOC
EBAY…
With our temporary New York apartment setup, we see the mouth of all the waterways that converge in lower Manhattan before the water continues its journey to the west side up the Hudson River.
The currents change directions and run …
MPW Sold position at 13.40–will revisit after earnings announcement
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Existing Position: Long ½ Position EWP 41.76 ATR .48
Name of Instrument: iShs MSCI Spain Capped
Reason For Trade: Upgraded last week, cleared the 80 month moving average-has potential for …