From orange and red to green? Not quite my friends. The indices moved off the lows, but with neither enough oomph to clear the major moving averages or even the Floor Trader Pivots orvolume, which was above average, but not …
***Profit target Reached: CORN: Sold 1/3 Position 31.67 now move to no loss stop for balance
+++++++++++++++++++++++++++++++++++++++
***New Position: Long CCUR 8.48 ATR .30
Name of Instrument: Concurrent Computer Corp
Current Price: 8.53
Sell Stop: 7.64
First Target: 9.84 for …
***Profit target Reached: CORN: Sold 1/3 Position 31.67 now move to no loss stop for balance
+++++++++++++++++++++++++++++++++++++++
***New Position: Long CCUR 8.48 ATR .30
Name of Instrument: Concurrent Computer Corp
Current Price: 8.53
Sell Stop: 7.64
First Target: 9.84 for …
Longs:
BHI
AAPL
WLP
KBH
PLD
AOL
LNKD
GPOR
CLR
CCL
CNQ
Shorts:
ANF
SLB
MCD
AFL
DVN
COST
FDX
TRMB
HTZ
PTEN
AIG
SFUN
OXY…
My colorful gauges to signal phase changes are brightly lit orange and yellow. Not only the colors of fall, but the colors of the market freefall.
The drop was orderly all things considered in that the indices took out Friday’s …
***All out FITB 20.54
++++++++++++++++++++++++++++++++++++
New Position USO: Long 35.11
Name of Instrument: United States Oil Fund LP
Current Price: 34.54
Sell Stop: 34.29
First Target: 37.00
Reason For Trade: Recently cleared the 50 DMA and 65 week moving average. …
***All out FITB 20.54
++++++++++++++++++++++++++++++++++++
New Position USO: Long 35.11
Name of Instrument: United States Oil Fund LP
Current Price: 34.54
Sell Stop: 34.29
First Target: 37.00
Reason For Trade: Recently cleared the 50 DMA and 65 week moving average. …
Longs:
BHI
CIEN
HSP
CCUR
CRM
RIO
SHO
AAPL
KBH
FEYE
LPX
FB
VMC
MYGN
IP
LFG
P
TWTR
Shorts:
DVN
TCK
JOY
CRZO
JNJ
OXY
SFY…
The month ends with the market’s worst performance for a month since May 2012. However, the lows of last week were ultimately defended on Friday signaling that our bipolar patient-aka-the market, could have a mood swing either way come Monday. …
New Position USO: Long 35.11
Name of Instrument: United States Oil Fund LP
Current Price: 34.80
Sell Stop: 34.29
First Target: 37.00
Reason For Trade: Recently cleared the 50 DMA and 65 week moving average. Now trying to clear the …