Longer Time Frame Investors.. Break your existing holdings into two pieces. The first piece will be exited in the mid to high 1190’s. The second piece will be exited around 1215. This will have us out of all our longs. … Continue reading
Today will be another price action day. The overnight low in the Spu was a natural retest to the downside from a major technical resistance level. So far the re-test held. Now we will wait to see how the market … Continue reading
1178- 1185 is still the major resistance level in the Futures, with a close over 1186 being positive. We will sell 50% of our long positions no matter what instruments we’re involved in based off this S&P Level!!!!!!!!!!! Place your … Continue reading
I am going to give it a go for Risk On. Buy the SPU or the SSO with a stop below today’s low.
Bottom Pickers!!!! It you’re not a professional day trader. This is the only place to manage your risk with this volatility. The SSO provides the only sane venue to bottom pick. At least you can identify a money stop. Which … Continue reading
We’ve caught this trade 3 times this year from both sides. Things are over extended, particularly the Tech sector. I am pulling the chips off the table and watching for the Long term traders. Sell the SSO and TBT at the Market. … Continue reading
We have added some more Risk to our portfolio. Depending on your time horizon, Day-Traders more than likely have no position, so trade from the side of the trend (Buy breaks in the stocks and sell rallies in the Bonds … Continue reading
So far the S&P and the NASDAQ are hanging in there. We want to have a long position by the close if BOTH the indices close higher on the day today. The expectation is that Europe does something to sort … Continue reading
We will be going home long these with stops around today’s low. ETF traders can use the SSO or the QQQ We will also be long AAPL using a 5 dollar stop.