It was a pretty quiet week in Tradeland and I suspect the same until after January 1st. BABA trade alert... Sell it. Price has broken multiple support. Minimize loss to about 5%. Alibaba Group (BABA) daily All other open positions are very profitable. We want to give them a chance to run as far as they can. Get rid of the losers early and let the winners do their thing...run, run, run. Hold all other open positions. The Dodo bird... Are actively managed mutual funds destined … [Read more...]
Giddy Up
US stock market indexes are in melt up mode. S&P 500 Index ETF (SPY) daily Dow Jones Industrial Average ETF (DIA) daily Powershares Tech ETF (QQQ) daily Russel 2000 Index ETF (IWM) daily Continue to hold all open positions. Bond prices have gotten hit pretty hard over the past few months. TLT is approaching support so I'm looking for a bounce soon. 20 Year Bond Fund (TLT) weekly If you have any questions...just ask. Trade Smart, Don … [Read more...]
Review of Recent Open Trades
I'm feeling a little guilty. So, I will confess. I sinned. I broke one of my own rules. I bought a bunch of SPY and XLE last Friday because it just felt like they should go higher. It didn't fit into our strategy. I just looked at the market and said this puppy is going up! Then put my money where my mouth is. It's turned out pretty darn well so far, but neither you, nor I should be in the habit of making trades like that. (Even though it's kind of fun when you do). I feel better now … [Read more...]
2017 Predictions and some other stuff
It's that time of year when the prognosticators foretell the future. I don't really give a rat's arse about what they think; however, it's interesting they are all so similar except for RBC. Maybe they are reading each other's mail. Here's what their targets are for the S&P500 next year: 2,300........ Bank of America 2,325........ Canaccord 2,350........ Deutsche Bank 2,200........ Goldman Sachs 2,325........ Jefferies 2,300........ JPMorgan... (*by early … [Read more...]
New All Time Highs [trade alert]
The S&P500 Index, Dow, Nasdaq and Russell 2000 have just made all time highs. Regardless of your political slant it's pretty obvious the big money is flowing into equities. Giddy up. A quick review of open recommendations. We're up on every one of our open trade recommendations; from 4% all the way to 84% profit. Let's take a deeper look: S&P 500 Index (SPY) daily Our trade recommendation is currently up 84%. Continue to hold. If you wish to add to this pos … [Read more...]
- « Previous Page
- 1
- …
- 59
- 60
- 61
- 62
- 63
- …
- 66
- Next Page »