Trading Block

Trading notes: A 121 point move last week off of the lows from last Monday. In the process the participation of stocks dropped again seeing only 33% of stocks trading above their 40-day moving average. Small caps sold off 3 out of 4 days last week, while the Nasdaq and S&P 500 both climbed higher

I closed 1/2 of DVN (1/3 of original) at 46.92 for -2.3%.

I closed 1/3 of DVN at 47.47 for -1.1%.

Trading notes: Coming back from a half of trading, that saw a decent amount of volume given for how long the market was open that day. Employment number came out cooler than expected with unemployment rising slightly faster than expected (4.1% vs 4.0%). I can see where today won't see heavy amounts of volume as

I closed 1/3 of CIBR at 57.39 for +2.4% profit.

Trading notes: Today is a shortened trading session as the stock market will be closing at 1pm ET, which in the middle of July before a full day off for Independence Day, means extremely low levels of volume. Also means that it doesn't set up well for initiating new trade setups either as the price

Trading notes: There's not much in the way of quality new trade setups today. Much of that due to the overextension of a few mega caps and the lackluster performance being seeing by much of everything else. Oil continues to see improvement and crude in general is on the march higher as well. If this

New Long Setup: DVN I BOUGHT DVN at: 48.02 My stop-loss: 46.36 My target price: 53.00 Risk Rating: 3.9

I closed MU at 129.18...overall -2.7% loss.

Trading notes: Rough trading on Friday that saw the market open on optimistic tones, but sell-off the following 11 straight candles on the 30 minute chart, indicating perpetual selling throughout the day. SPX finished the week with a gravestone doji candle, which can often times initiate a reversal/pullback. You still have the "everything else rally"