Review Of Open Positions – Stocks
There were two changes to our portfolio last week, adding a long in Tesla ($TSLA) on Tuesday, and getting an exit signal in McCormick ($MKC) after Friday’s close which we executed at this morning’s...
View ArticleExiting Long Time Warner ($TWX), Range Resources ($RRC), Celgene ($CELG),...
As indicated earlier we got stopped on 4 of our longs after today’s selloff, and will exit them all at Thursday’s open. As of today’s close the p&l on each was as follows $TWX +12.8%, $RRC -5.3%,...
View ArticleGood Trade, Bad Trade
After you’ve exited a trade how long do you keep looking at it? Do you sit there watching it avidly, wanting to see confirmation you were right to exit, or do you take it off your screen so you are...
View ArticleWeekend Review and Watchlist
Volatility returned to the market this week, and how you reacted or interpreted it will depend greatly on your strategy and process. It may also depend on how you define ‘the market’, as from my...
View ArticleWeekend Review and Watchlist
An eventful week to say the least. Here’s a weekly chart of the $SPY since we last tested the 200-day MA in late 2012 (or in this case on a weekly, the 40-week MA). I’ve been studying this chart for...
View ArticleWeekend Review and Watchlist
In last week’s review I stated:- “Is that it? I have no idea. Certainly a correction of around 7% would fit very neatly into the typical range of corrections, and it would look very similar to the last...
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