***NOTE: USO: Raised stop to no loss 35.11
+++++++++++++++++++++++++++++++++++
Existing Position: WFC: Long 45.76
Current Price: 45.98
Sell Stop: 44.77
Name of Instrument: Wells Fargo
Reason For Trade: Good tight stop under 50 DMA with a strong candidate pick for …
…
Trade Plan For 2/13
Market Condition:Let the O.R. dictate direction. Use the prior day low as a key warning on any weakness
Long Focus:
- SWI
- PXD
- SPWR
Short Focus:
- MUR
- CI
…
Longs:
ISIS
NSC
MTW
ONVO
YOKU
TXN
CIEN
MAS
XOM
AXL
KSS
XRX
CLR
TSLA
DOW
NQ
GOOG
CRZO
IYT
SWI
WLL
CUZ
FLS
LVS
PXD
SPWR
Shorts:
AOL
SDRL
CHRW
CTXS
MUR
CI
HFC…
In the continuing saga of the Dow and the Russell 2000s, they remain in warning phases. NASDAQ made new 2014 highs early on, ten closed just below it although once again, eked out a new high close.
The S&P 500 …
Existing Position: WFC: Long 45.76
Current Price: 46.00
Sell Stop: 44.77
Name of Instrument: Wells Fargo
Reason For Trade: Good tight stop under 50 DMA with a strong candidate pick for 2014 to continue a move towards 47.00 and beyond…
Existing Position: WFC: Long 45.76
Current Price: 46.00
Sell Stop: 44.77
Name of Instrument: Wells Fargo
Reason For Trade: Good tight stop under 50 DMA with a strong candidate pick for 2014 to continue a move towards 47.00 and beyond…
Longs:
MRVL
OC
ISIS
HIMX
MTW
ONVO
WFC
MAS
XOM
AXL
KSS
SHO
AMPE
JO
HTZ
FB
CVX
PSX
CAM
LNG
LVS
EBAY
LGF
GCI
Shorts:
AOL
CLR
IACI
MA
MON
PRGO…
A couple of notable features of the day after figuring this session would be more decisive. First, SPY or S&P 500 climbed back to a bullish phase. NASDAQ came 3 ticks from the 2014 high made in January yet managed …
New Position: WFC: Long 45.76
Current Price: 45.95
Sell Stop: 44.77
Name of Instrument: Wells Fargo
Reason For Trade: Good tight stop under 50 DMA with a strong candidate pick for 2014 to continue a move towards 47.00 and beyond…