New Position: XRX: Long 11.25 ATR .28
Name of Instrument: Xerox Company
Current Price: 11.30
Sell Stop: 10.49
Reason For Trade: Crossed key monthly moving average in 2013, tested and held the 200 DMA and confirming phase change to bullish
First Target: 12.45 for 1/3
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Existing Position: USO: Long Filled 36.13 ATR: .47
Name of Instrument: United States Oil Fund
Current Price: 36.57
Sell Stop: 35.19
First Target: 37.24 for 1/3
Reason For Trade: After our initial profitable position, it is setting up again with a move over the 200 DMA for a phase change to accumulation. Plus, it held key weekly and monthly moving averages.
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Existing Position: SODA: Long 39.10 ATR 2.00 2/3 left
Current Price: 44.15
Name of Instrument: SodaStream International
Trailing Stop: 39.69
REACHED****First Target 44.00 for 1/3
2nd Target: 46.44 for another 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.
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Existing Position: WFC: Long 45.76 1/3 position left
Sold ½ 45.83
Current Price: 49.74
Trailing stop: 48.24
Name of Instrument: Wells Fargo
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Existing Position: CORN: Long 30.67 Position Size left 17%
Name of Instrument: Teucrium Corn Fund
Current Price: 34.66
Trailing Stop: 32.79
****REACHED! Next Profit Target: 34.27 sold ½ remaining position-no more targets-just raising trailing stops