New Position: HSP: Long 43.37 ATR: .79
Current Price: 43.31
Name of Instrument: Hospira Inc
Once Filled Sell Stop 41.99
Reason For Trade: On week and month charts, cleared major moving averages. On daily, holding the 50 DMA with a …
So let’s continue our discussion about this patience thing. The market certainly tried ours day one into the week.
Furthermore, let’s examine the Russell 2000-after all, that is the instrument that exhibitedginormous volume last Tuesday. Four possible scenarios prevail.
1) …
This Week’s Strategy Lesson: Exogenous Shocks.
These last couple weeks have been good examples of the potential effects of “exogenous” shocks or news events. When economists look at the economy or financial analysts values a company, they construct models that …
This week we had a position change in the strategy. On Tuesday 3/4/2014 we sold out of TECL and initiated an equal weighted position in DRN at the market open. We closed out that trade up 15.8% from where the …
Longs:
CNQ
WLP
FDX
KSS
KBH
LRCX
MO
GDX
XOM
JBLU
IBM
JCP
SODA
GE
A
NBL
NOV
KLAC
PNRA
PETM
M
PANW
MNST
JKS
NPRS
FB
HSP
Shorts:
APA
TCK
CREE
AOL…
Note: Sold ¼ of remaining position WFC filled 48.05 see raised to breakeven stop balance
**See CORN raised stop
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 40.54
Name of Instrument: SodaStream International
Breakeven Stop: 39.10
First Target …
Note: Sold ¼ of remaining position WFC filled 48.05 see raised to breakeven stop balance
**See CORN raised stop
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 40.54
Name of Instrument: SodaStream International
Breakeven Stop: 39.10
First Target …
The most excruciating virtue to master as a human is patience. Traders find mastering that virtue exponentially more difficult.
Patience however, is typically key-and right now it’s downright crucial! With the looming situation in the Ukraine-and every tweet about it, …
Longs:
CNQ
WLP
FDX
GDX
JBLU
A
IBM
JCP
SODA
GE
OI
AA
FSLR
KSS
SCTY
GS
JPM
AMZN
CNX
HAL
FB
AEM
RLGY
SCCO
LRCX
DE
X
BYD
DAN
EWJ
Shorts:
APA
BBBY
LULU
CELG…
****Note: YUM Sold 1/3 75.75 and revised trailing stop, 2nd target
Also, Raise stop in SODA to Breakeven after getting 2 ATRs and raise target to 44.00
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 40.95
Name of …