****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 …
Another low volume day that continues to support the possibility of a blow off top that occurred on Tuesday in the small caps, Russell 2000. Why? A wee bit of a red close there, the DIA (Dow) that could not …
…
Trade Plan For 3/6
Market Condition: Neutral because market looks extended
Long Focus:
- WLP
- A
Short Focus:
- BTU
- NTAP
…
Longs:
CIEN
CNQ
AA
FSLR
WLP
GDX
JBLU
A
IBM
JCP
SODA
CREE
FB
AXL
LGF
MAS
MOS
COF
GT
KLAC
YOKU
GS
JPM
ACAS
APO
FDX
AMZN
HOG
Shorts:
APA
TCK
EL…
****NOTE: USO: Exited 1/2 the remaining position and kept 1/2 with the trailing stop in place-total position after exit 1/4 from original entry-filled 36.65
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 39.68
Name of Instrument: SodaStream International…
****NOTE: USO: Exited 1/2 the remaining position and kept 1/2 with the trailing stop in place-total position after exit 1/4 from original entry-filled 36.65
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 39.68
Name of Instrument: SodaStream International…
I have often written about blow off rallies (tops potentially) and bottoms. When I do, I cover volume movement, price action and most importantly, confirmation.
Tuesday’s session raised my consciousness in the small caps (Russell 2000) because it rallied to …
Longs:
CNQ
FB
AA
FSLR
WLP
NBL
XOM
CYH
ROST
AXL
JCP
SODA
CNX
OAS
RKUS
GPOR
DFS
ODP
NBIX
RDN
PXD
A
TSL
DDR
MCK
MPW
FDX
IBM
GNW
KOG
Shorts:
CELG
BBBY
DRI
NTAP…
To The Tune of Up, Up and Away by Jimmy L. Webb
Gap, Gap and Away,
With An Awesome Volume Surge
SPY A Nicer Place
In A Beautiful Balloon
For It Can Fly..Fllllllyyyyyy
Gap, Gap and Away!
S&P 500 (SPY) …