I know it is late Friday, and some of you have already checked out of town, but if you have an urge to place a trade or two to hold over the weekend, here are three long-setups that you may want to consider. I like all three of these stocks, and believe they provide a
I’m a new man today, I guess you could say. I was previously a bear, spending much of the past month shorting any stock that came within my cross ears. I have to say though, being long on this market feels a bit weird but, to continue shorting this market is beginning to look a
Yesterday, I said that I had added Amazon.com (AMZN) as the newest short-addition to my portfolio. It was hard to do so, with the nasty backlash the bears got at the expense of futile optimism on Bernanke’s behalf. Nonetheless, I got in at 119.10 with a stop at 127.60 and an initial target of
Okay Folks – Here is my labor of love – and let me tell you it is some major labor having to type out all these symbols, company names and stop-losses into a post for you. But I know that it is a huge help for many of you, and that’s why I do
Thought I’d throw out a nice Friday afternoon bone to ya’ll before you head out for the weekend. I just initiated a new short position in JPMorgan Chase (JPM). I like the setup and we’ll see how well it goes. This was also one of my morning short trade setups that I spoke of.
Busy morning, as the early strength knocked me out of two of my holdings in Silgan Holdings (SLGN) and Hilltop (HTH). However, not to be outdone, and still working within the parameters of my trading system, I jumped back into 2 more short positions and then went long on an UltraShort ETF of the S&P
Here are three more short setups that look really good for the taking. They are definitely worth consideration for inclusion to your portfolio. Allegran (AGN)
Now to be completely honest, things aren’t looking too good for this trade in particular. I got in early Friday morning, when everything seemed to be pointing to the resumption of the bear market. That didn’t happen! Instead what I got was a bull rally, erasing much of the day’s gains, including my early gains
Now that the market has finally had the chance to rally some, work off the oversold conditions (I feel like a broken record saying this) I’ll be putting on some new short positions come tomorrow morning. I’ve heard already some chatter from folks getting more optimistic each day, which even more so, emboldens the contrarian
Today I finally jumped back into the market on the short side with two new positions in Gap (GPS) and Hilltop Holdings (HTH) – a clothing retailer and an insurance company respectively. The plan going forward is to gradually scale my portfolio into a good number of short positions, by adding a new position or