Position Updates & Gauges for Trading on 4/10/2014

Mish Schneider | April 9, 2014

***Note: Took 1/3 off profit USO 37.17-Raise Stop now to no loss

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Existing Position: Long IYR 68.30 ATR .69

Name of Instrument: iShares Real Estate ETF

Current Price: 68.52

Sell Stop 67.15

Reason For Trade: Showing relative strength in weak tape with a move and hold over the 50 DMA.

Target 1: 70.44 for 1/2

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Existing Position: XRX: Long 11.25 ATR .28

Name of Instrument: Xerox Company

Current Price: 11.49

RAISED Sell Stop: 10.84

Reason For Trade: Crossed key monthly moving average in 2013, tested and held the 200 DMA and confirming phase change to bullish

***Lowered-First Target: 12.04 for 1/3

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Existing Position: USO: Long 36.13 Sold 1/3 37.17 2/3 position left

Name of Instrument: United States Oil Fund

Current Price: 37.21

Raised***Sell Stop: 36.13-No loss stop now

***First Target: 37.17 Reached

Second Target: 38.47 for another 1/3

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Existing Position: SODA: Long 39.10 ATR 2.00 2/3 left

Current Price: 40.98

Name of Instrument: SodaStream International

Trailing Stop: 39.99

REACHED****First Target 44.00 for 1/3

2nd Target: 46.44 for another 1/3

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Existing Position: CORN: Long 30.67 Position Size left 17%

Name of Instrument: Teucrium Corn Fund

Current Price: 34.69

Trailing Stop: 33.49

****REACHED! Next Profit Target: 34.27 sold ½ remaining position-no more targets-just raising trailing stops

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