Existing Position: HSP: Long 43.37 ATR: .79
Current Price: 42.95
Name of Instrument: Hospira Inc
Sell Stop 41.79
Reason For Trade: On week and month charts, cleared major moving averages. On daily, holding the 50 DMA with a great risk of 2 ATRs under recent lows. In Healthcare, good sector this year
First Target: 45.74 for 1/3
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Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 41.11
Name of Instrument: SodaStream International
Breakeven Stop: 39.10
First Target 44.00 for 1/2
Reason For Trade: After taking a beating on a political situation in the Middle East, it had a good bottoming pattern. Furthermore, news today on a possible arrangement with Sunny Delight could get this going.
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Existing Position: Long YUM: 72.89 2/3 left
Current Price: 75.06
Trailing Stop: 73.47
Name of Instrument: Yum Brands
Reason For Trade: After gap post earnings, now above the 50 DMA. Good low risk trade against the 200 DMA looking for momentum to clear 74.00 if holds
REACHED-First Target: 75.75 for 1/3 off
Target 2: 78.47 another 1/3
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Existing Position: EEM: Short 39.42 ATR .73
Current Price: 39.41
LOWERED***Buy Stop To Cover: 40.43
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
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Existing Position: WFC: Long 45.76 1/3 position left
Sold ½ 45.83
Current Price: 48.40
Raised Trailing stop: 46.49
Name of Instrument: Wells Fargo
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Existing Position: CORN: Long 30.67 Position Size left 12%
Name of Instrument: Teucrium Corn Fund
Current Price: 33.77
Trailing Stop: 31.47
First Target: Reached 31.67 for 1/3
REACHED Second Target: 32.27 for another 1/3 off
