****Profit Targets Reached: USO: ½ off at 36.49 CORN 1/3 off 32.27
***Note: Raised to trailing stops in USO CORN. WFC Raised sell stop
+++++++++++++++++++++++++++++++++++++++++
New Position: EEM: Short 39.42 ATR .73
Current Price: 39.30
Buy Stop To Cover: 41.35
Name of Instrument: Emerging Market ETF
Reason For Trade: Failed the 80 and 23 month moving averages which are about to cross down. Recent rally sets up with a good risk over those moving averages.
First Target: 37.16 Cover 1/2
+++++++++++++++++++++++++++++++++++
Existing Position: WFC: Long 45.76
Current Price: 46.13
***Raise Sell Stop: 45.16
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
First Target: 47.80
+++++++++++++++++++++++++++++++++++++++
Existing Position: Long CCUR 8.48
Name of Instrument: Concurrent Computer Corp
Current Price: 8.60
Sell Stop: 7.64
First Target: 9.84 for ½
Reason For Trade: Reported well, cleared the 80 month moving average. Longer term trade looks poised for move to 9.85 or higher. Rumors of takeover in the works
++++++++++++++++++++++++++++++++++++
New Position USO: Long 35.11
Name of Instrument: United States Oil Fund LP
Current Price: 36.69
***Raise stop to trailing stop: 35.47
REACHED***First Target: 36.49 for 1/2
++++++++++++++++++++++++++++++++++++++
Existing Position: CORN: Long 30.67 Position Size left 12%
Name of Instrument: Teucrium Corn Fund
Current Price: 31.98
Raised***Trailing Stop: 30.95
Reason For Trade: After bottoming formation on 1/10/14, digesting the move with great risk to lows. 1/2 position until it can clear the 50 DMA
First Target: ****Reached 31.67 for 1/3
REACHED***Second Target: 32.27 for another 1/3 off
