This week XLV has broken above resistance, the previous high made in 2015. This looks like a good momentum trade. Risk is around 7%...daily closes below red horizontal line. I'm a buyer Thursday morning. SPDR's Select Sector Health Care ETF (XLV) weekly Continue to hold all open positions for now. A few of them are running into resistance so we might have to harvest some gains. I want to see how the weekly's turn out before I recommend selling. Trade Smart, Don Roth … [Read more...]

JM Smucker (SJM) daily ​​​​​​ SJM broke support Friday and traded lower on Monday. Sell it and limit losses to a little over 2%. Continue to hold all other open recommendations. Trade Smart, Don … [Read more...]

A quick note on TSLA. I went to the optometrist today so my eyes are a bit blurry but I did see this... Tesla Inc (TSLA) daily ​​​​​​​ Price closed at an all time high ...again. It continues to go parabolic. We will ride this as long as possible. Hold on a little more. Probably out soon. Up over 20% in a month. All other open positions are looking good. Continue to hold. More info to follow later in the week. Trade Smart, Don PS. As a premium member you can access me … [Read more...]

Two day tech sell-off is nothing to be worried about...yet. It was really a one day event on Friday with slight follow thru on Monday. This week's update will be published later in the week due to price action. Trade Smart, Don … [Read more...]