Trade Alert
Sold our MRO at $4.08 (+14%). Oil is in freefall after the deal to cut production concluded with a pretty hazy picture.
Trade Update
Move stop on MRO to $3.99 Move stop on AAPL to $258.90 Move stop on T to $29.49 We’ve got nice gains on all three positions so we’re going to move the stops up again this morning. There is an important oil meeting this morning that could move MRO either way, quickly, so we suggest getting that stop moved up right away. In addition, markets are at a critical point here. Many of the indexes … read more Trade Update
Trade Update
Move stop on MRO to $3.64 Move stop on AAPL to $251.80 T stop remains at $28.79. Also worth noting, despite currently being in our trading account, T went ex-dividend yesterday, meaning we will receive .52/share on the payment date of May 1st, regardless of whether or not we still have the stock on that date. That’s a 1.8% boost to that position.
Trade Update
Move stop on T up to $28.79 Move stop on AAPL up to $249.90 We’ve got nice rallies in both of these, though they pulled back a bit on the overall market drop yesterday afternoon. There continues to be a lot of uncertainty in the markets, so we’ll move stops up here. T stop locks in a gain, while the AAPL stop would allow the 200-DMA to continue to act as support. Also worth mentioning … read more Trade Update
Trade Alert
Bought 10% MRO @ $3.58 Stop @ $2.98 Target @ $5.90 MRO is a bit on the risky side. But we’ll see if we can get a double whammy here. If the market rallies, that will indicate increasing demand for oil, and should drag this up. If the Saudis and Russia meet in a couple days and actually follow through on a 10million/barrel cut, that would slice supply. IF those two things happen MRO … read more Trade Alert
Trade Alert
Bought 15% AAPL $252.78 Stop @ $236.79 Target $284.90 AAPL is breaking back above the 20 and 200-DMAs this morning and has weathered this storm pretty well. Our short-term target for the trade is the 50-DMA.
Trade Update
Move stop up on SPY (total position) to $252.90 The market continues to climb gradually higher off of last week’s low, perfectly in line with the ABC correction we have discussed numerous times. The S&P is punching through the 20-DMA (purple line) this morning which could be the fuel needed to make an eventual run as high as the 50/200-DMAs resistance up above before we get a C down move to test the lows again. … read more Trade Update
Trade Update
Trade Update: Move stop on SPY (total position) to $246.75 We believe this is a typical pullback in a short-term uptrend, but want to make sure and lock in solid gains if it does pull back further from yesterday’s highs. Bigger picture, we think we are in B up of an ABC correction.
- « Previous Page
- 1
- …
- 41
- 42
- 43
- 44
- 45
- …
- 98
- Next Page »