Trade Update
Coronavirus Fears Spread It’s no secret that we’ve needed a correction in the markets. Bull markets breathe, rallying to new highs, and then pulling back and correcting part of the progress before rallying to new highs all over again. The current bull market is one of the longest on record, so we’ve been waiting and waiting for a reset. We don’t yet know if this week’s sell-off is the beginning of a bear market, or … read more Trade Update
Trade Alert
The coronavirus took over the stock market this weekend, sparking a large selloff this morning triggering stops. It’s still possible the market shakes this off, but it’s best to conserve capital in situations like this. We’ve been riding this rally higher quite nicely the past few months, but always with the understanding that there were significant headwinds that could rear their heads at any time. Frankly, the ideal situation here, from a traders perspective, is … read more Trade Alert
Trade Update
Moving some stops up this morning. Market sold off sharply in the last hour. No real news to speak of, but with the coronavirus still hanging over the market’s head it’s best to keep our stops updated. COST stop to $316.90 SQM stop to $30.69 FAST stop to $36.79 ATVI stop to $60.89
Trade Alert
Bought 10% CRON @ $7.43 Stop @ $6.70 Target @ $9.90 Cannabis stocks broadly appear to be bottoming. We’re taking a small position in CRON as a starter. We like CRON because of their large cash on hand. Fresh buy signal in CRON two days ago, and significant upside potential.
Trade Alert
Sold to close our remaining SNPS @ $159.90 (+6.6%) when it hit our stop this morning. SNPS reported very strong earnings last night, but the market focused on the weak forward guidance and took the stock down instead of up.
Trade Alert
Bought 15% PYPL $123.55 Stop @ $118.49 Target @ $142.90 We’ve got a nice clean breakout in PYPL right now. Sharply rising Moving Averages and also a recent golden cross (50-DMA crossing the 200-DMA). SQ has a similar breakout underway at a level we like, but has earnings in just a few days.
Trade Alert
Sold 1/3 of our SNPS position at $160.00, up 6.7%. Earnings are in 6 days so we’re going to begin scaling back a bit on this here. Still holding 2/3 (10% portfolio) size. Also moving stop up to $157.90 on the balance.
Trade Update
Moving some stops higher again as the market climbs. SNPS stop to $155.90 AMZN stop to $2098.90 DB stop to $10.13 Reminder: market is closed Monday for President’s Day. SNPS earnings are in 7 days so we’ll likely have to make a decision on what to do with this stock by Friday. We generally won’t trade through earnings unless we’ve got a sizeable profit on already. If we do keep this on we’d book 1/3 … read more Trade Update
Trade Alert
Bought 15% ATVI @ $63.00 Stop @ $60.19 Target @ $81.90 Very nice breakout coming on the heels of a big cup and handle chart pattern across all of 2019. This breakout has considerable upside potential, giving us a great reward-to-risk ratio.
Trade Alert
Bought 10% FAST $38.27 Stop @ $36.49 Target @ $41.90 FAST is breaking out of a nice 3-month long rectangle pattern with rising moving averages and a recent buy signal as it shot through the 20- and 50-DMAs. Solid setup. We’ve got a couple of similar setups on our radar, so are keeping this one to 10% in order to trade the others as well, if they hit.
- « Previous Page
- 1
- …
- 44
- 45
- 46
- 47
- 48
- …
- 98
- Next Page »