***NOTES: Raised EEM Buy to cover stop 40.41. Raised trailing stop in WFC 48.24. SODA-profit target take off 1/3 and not ½ if gets there
+++++++++++++++++++++++++++++++++++++++
Existing Position: SODA: Long 39.10 ATR 2.00
Current Price: 42.95
Name of Instrument: SodaStream International
Breakeven Stop: 39.10
First Target 44.00 for 1/3
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.
++++++++++++++++++++++++++++++++++++++
Existing Position: Long YUM: 72.89 1/3 left
Current Price: 73.78
Trailing Stop: 73.47 on balance
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
Sold 1/3 74.67
+++++++++++++++++++++++++++++++++++++++++
Existing Position: EEM: Short 39.42 ATR .73 Covered ½ 39.39 ½ position left
Current Price: 39.81
Raised***Buy Stop To Cover: 40.41
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 1/4
+++++++++++++++++++++++++++++++++++
Existing Position: WFC: Long 45.76 1/3 position left
Sold ½ 45.83
Current Price: 48.96
***Raised Trailing stop: 48.24
Name of Instrument: Wells Fargo
+++++++++++++++++++++++++++++++++++++++++
Existing Position: CORN: Long 30.67 Position Size left 33%
Name of Instrument: Teucrium Corn Fund
Current Price: 33.60
Raised***Trailing Stop: 31.97
Next Profit Target: 34.27 Take off half of remaining position
