***NOTES: Raised EEM Buy to cover stop 40.41. Raised trailing stop in WFC 48.24. SODA-profit target take off 1/3 and not ½ if gets there
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 42.95
Name of Instrument: SodaStream …
Longs:
SLCA
TEX
JNJ
OC
AAPL
DRI
JCP
SODA
KSS
SCTY
MBI
MAR
TWTR
DE
PG
EMR
CLX
KMB
UPS
Shorts:
TWC
MA
CTRX
LGF
AXL
AEM
HON
WYN
MON…
***Notes***
HSP stopped out 41.79
WFC: Raise trailing stop 47.19
YUM: Sold 1/3 existing position- filled 74.67
EEM: Covered 1/2 the existing short at the market-filled 39.40
CORN: Raise Trailing Stop to 31.97
+++++++++++++++++++++++++++++++++++
Stopped out: Existing Position: HSP: Long …
***Notes***
HSP stopped out 41.79
WFC: Raise trailing stop 47.19
YUM: Sold 1/3 existing position- filled 74.67
EEM: Covered 1/2 the existing short at the market-filled 39.40
CORN: Raise Trailing Stop to 31.97
+++++++++++++++++++++++++++++++++++
Stopped out: Existing Position: HSP: Long …
Although I went away from the market for 7 trading days, it seems I’m looking right at the same prices (give or take) and the same analysis as though time did not pass at all.
Incidentally, thank you Mathew Mullins …
This Week’s Strategy Lesson: Divergence
I thought we could take this week’s strategy lesson from Hollywood. Divergent open nationwide this weekend, but you don’t have to go to a theater to see divergence. It is on display in the markets …
This week there was one change in the model portfolio. We sold out of DRN on Thursday morning and entered into TECL.
The top three sectors are Semiconductors, Healthcare, and Technology. The SPY closed the week almost as flat as …
Longs:
HIG
WLL
MBI
MAR
CI
AAPL
HCA
XRX
DRI
SODA
PRU
X
STLD
MFC
BEAV
NEE
SHO
CXO
MTW
TEX
STLD
DE
JNJ
STX
CLR
Shorts:
LEN
MA
OCN
PG
MNST
MAS
MA
SSYS
OCN
NFLX…
Existing Position: HSP: Long 43.37 ATR: .79
Current Price: 42.33
Name of Instrument: Hospira Inc
Sell Stop 41.79
Reason For Trade: On week and month charts, cleared major moving averages. On daily, holding the 50 DMA with a great risk …
Existing Position: HSP: Long 43.37 ATR: .79
Current Price: 42.33
Name of Instrument: Hospira Inc
Sell Stop 41.79
Reason For Trade: On week and month charts, cleared major moving averages. On daily, holding the 50 DMA with a great risk …