New Position: Long IYR 68.30 ATR .69
Name of Instrument: iShares Real Estate ETF
Current Price: 68.59
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 Filled 36.13 ATR: .47
Name of Instrument: United States Oil Fund
Current Price: 36.92
Raised***Sell Stop: 35.54
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: 40.77
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: 35.22
Trailing Stop: 33.49
****REACHED! Next Profit Target: 34.27 sold ½ remaining position-no more targets-just raising trailing stops