Today’s Entry: STP

I entered STP today on weakness. The stock has shown strong strength in relation to the market, and shows a strong volulme pattern on the recent move up. My target is the September high.

Trade: Partial Profits in MOS

I took partial profits in MOS today, selling half my shares at $43.10 (+10.2%). As noted in a Trade Alert sent to my subscribers, my entry was at $39.10. I have moved my stop up and will let the rest "ride". This is now a "free trade". I've locked in my profit with the possibility... Continue Reading →

Energy Looks Good: PBR

Energy stocks are showing good accumulation patterns while coming off bottom price patterns. Of the energies that I monitor, PBR is showing the best relative strength compared to the sector. It is at 30 day highs.  I'd like to enter on pullback to support.

Quick Trade Update: QLD and Commodity Shorts

I took partial profits in a few of my commodity related shorts and entered QLD this morning. I mentioned QLD in last night's trade report. As noted in the report, the Nasdaq has recently held up better than the S&P 500.Recent free trade reports:July 15July 14

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