Michelle Schneider will be on vacation until 3/21. In her absence, Matthew Mullins ( Assitant Director of Trading Education and Research, and leader of the Day Trading chat room) will prepare the abbreviated Evening Watch.
S&P 500 (SPY) 187.99 is …
Existing Position: HSP: Long 43.37 ATR: .79
Current Price: 42.95
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: 42.95
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 …
Longs:
FNSR
FDX
JNJ
GNW
WFC
GOOG
DANG
EL
AMZN
HSP
KLAC
PG
WFC
SCTY
USG
BYD
ALXN
ZU
BRCM
KERX
DRE
AAPL
AGO
AMGN
PIR
MA
LH
GB
Shorts:
MR
AGCO…
Longs:
FNSR
FDX
JNJ
GNW
KLAC
YHOO
GME
EL
AMZN
HSP
PG
USG
Z
CVS
WFC
BYD
VMW
ALXN
BMRN
PNC
HUM
NQ
HP
ADP
AMT
LRCX
ROST
Shorts:
SBGI
BIDU
AGCO
MR…
Michelle Schneider will be on vacation until 3/21. In her absence, Matthew Mullins ( Assitant Director of Trading Education and Research, and leader of the Day Trading chat room) will prepare the abbreviated Evening Watch.
S&P 500 (SPY) Potential resistance …
Existing Position: HSP: Long 43.37 ATR: .79
Current Price: 42.78
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: 42.78
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 …
This Week’s Strategy Lesson: Spinning Tops
In Japanese candlestick charting, a spinning top pattern is when a candlestick has a short body with long wicks above and below it. It is typically associated with an indecisive market. A situation where …
This week there were no position changes in the strategy. The top three sectors remain Semiconductors, Healthcare, and Real Estate.
The SPY spent another week churning, this time taking a small plunge on Thursday and Friday to end the week …