Silver is no doubt a fairly speculative trade, but because I’m trading it with a tight stop-loss that makes sense (i.e. below a critical support level) I’m willing to take a stab at this trade with a stop-loss at $25.40. Commodities have, no doubt, been weak of late, and the triple bottom that is
Let me tell ya… It wasn’t easy finding 4 stocks that were bucking the trend and close to, or in the process of breaking down. But I did, and I earned a little overtime in the process. Nonetheless, out of the four stocks below, I like Silver (SLV) the best. That thing has one
For those of you interested, I thought it might be helpful to have all of the leveraged ETF's in one place. Feel free to copy and paste them onto your computer for easy reference. The first are 3x leveraged, followed by 2x leveraged. BGU - Direxion Daily Large Cap Bull 3X Shares BGZ - Direxion
I posted several charts last night, then spent over an hour writing an excellent post about each chart and some other thoughts on the market. Then some fat-finger came out of nowhere and an extra BACKSPACE push made my browser think I wanted to go back a page. It blew away everything.  So, here I
Current Long Positions (stop-losses in parentheses): BBBY (53.04), DO (71.97), SLV June $35 Puts, SSO (52.14) Current Short Positions (stop-losses in parentheses): None BIAS: 70% Long Economic Reports Due Out (Times are EST): Jobless Claims (8:30am), Productivity and Costs (8:30am), Bloomberg Consumer Comfort Index (9:45am), Factory Orders (10am), EIA Natural Gas Report (10:30am),
Current Long Positions (stop-losses in parentheses): BBBY (53.04), DO (71.97), SLV June $35 Puts Current Short Positions (stop-losses in parentheses): None BIAS: 20% Long Economic Reports Due Out (Times are EST): MBA Purchase Applications, Challenger Job-Cut Report (7:30am), ICSC-Goldman Store Sales (7:45am), ADP Employment Report (8:15am), Redbook (8:55am), ISM Manufacturing Index (10am), Construction
Current Long Positions (stop-losses in parentheses): PEP (70.10), PCLN (502.75), SLV (33.36), NFLX (237.25), GLD (144.73), ANV (34.25), FDO (53.28) Current Short Positions (stop-losses in parentheses): None BIAS: 50% Long Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), Durable Goods Orders (8:30am), FHFA House Price Index (10am), EIA Petroleum Status
Current Long Positions (stop-losses in parentheses): PEP (70.10), PCLN (502.75), SLV (33.36), NFLX (237.25), GLD (144.73), ANV (34.25), FDO (53.28) Current Short Positions (stop-losses in parentheses): None BIAS: 50% Long Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), Durable Goods Orders (8:30am), FHFA House Price Index (10am), EIA Petroleum Status
Current Long Positions (stop-losses in parentheses): PEP (70.10), CB (64.32), PCLN (502.75), KCI (57.69), SLV (33.36), PNW (44.78), NFLX (237.25), GLD (144.73) Current Short Positions (stop-losses in parentheses): None BIAS: 50% Long Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), New Home Sales (10am) My Observations