Review Of Open Positions – Stocks
There were two changes to our portfolio last week, adding a long in Tesla ($TSLA) on Tuesday, and getting an exit signal in McCormick ($MKC) after Friday’s close which we executed at this morning’s...
View ArticleReview Of Open Positions – Stocks
The overall market weakness midweek which led to a significant break of support was enough to see several of our positions invalidated. Since our last update we had exit signals in 4 of our long...
View ArticleReview Of Open Positions – Stocks
Despite the weakness in the broader market this week we are still finding many stocks in uptrends that have held up well and are signaling entries. We entered 7 new longs this week:- $CBOE, $MPC,...
View ArticleWednesday’s Moves In Perspective
I made a big point Wednesday of underlining the need to ignore the noise of Fed days. As I stated at the time, that doesn’t mean it can’t bring about meaningful movement, we still treat it like any...
View ArticleReview Of Open Positions – Stocks
We took a trip to Stop City this week, and ended up making a long weekend of it, exiting Sprint ($S) +18.6% on Thursday, followed by 4 more exits Friday; Corning ($GLW) +11.2%, Stryker ($SYK) -3.9%,...
View ArticleReview Of Open Positions – Stocks
Given our extended stay in ‘Stop City’ last weekend it was good to have a relatively uneventful week. We started with the exits on Monday morning of longs in $HTZ +25.30%, $BRCM -7.77%, and $PIR -4.74%...
View ArticleReview Of Open Positions – Stocks
It was a good week for our holdings. Having looked as if they might roll over having struggled to break above first resistance, the major indices held firm through the July 4th holiday, then finished...
View ArticleReview Of Open Positions – Stocks
Another great week for our equity portfolio as the market continued to defy expectations to reach all time highs. We had one exit triggered, Green Mountain Coffee ($GMCR) which we closed with a profit...
View ArticleA Quick Word On Tesla ($TSLA)
It was quite a day in $TSLA. After a negative analyst report from Goldman the stock slid 14%. Never mind that this is the same analyst who downgraded the stock in May at $55 and has watched the stock...
View ArticleReview Of Open Positions – Stocks
Another positive week for our equity portfolio despite some increased volatility as earnings season gets in full swing. For those not already familiar with parts of our process we always hold our...
View ArticleReview Of Open Positions – Stocks
A huge week this week, with half of our open positions breaking out to fresh highs, mostly following their earnings report, or that of a sector peer. We’ve made it clear before why positions should be...
View ArticleReview Of Open Positions – Stocks
Another great week for our longs with the market extending to all time highs. Many of our breakout stocks from last week consolidated or extended their gains, and we saw several new names setting up....
View ArticleInterview With Michael Covel
Michael Covel’s books on trend following were a key component in validating my beliefs and recognizing that analyzing trend and price above all else was the correct path for me to take as a trader....
View ArticleReview Of Open Positions – Stocks
A losing week for the market, but not for us. Holding leading stocks in strong uptrends will do that for you. There was only one change to our portfolio early in the week when we added a long in $AAPL...
View ArticleReview Of Open Positions – Stocks
An eventful week with most of our holdings pulling back in line with the market, with a few notable exceptions. We added one new position entering long $TASR, and later in the week had an exit signal...
View ArticleReview Of Open Positions – Stocks
This was our busiest week for quite a while, exiting six positions. $GOOG and $ADBE had already been signaled at the time of last week’s review and were exited at Monday’s open for gains of +13.0% and...
View ArticleReview Of Open Positions – Stocks
We had another three exits this week as the market weakened further triggering exit signals on $POL +17.07%, $CBOE +11.59%, and $SNTS -9.32%, which we detailed here. This brought our number of...
View ArticleReview Of Open Positions – Stocks
This week we had our first exit signal for over a month, getting stopped in $COG for a small profit. Other than that it was a fairly quiet week. The lull before the storm? Maybe, or the lull before the...
View ArticleReview Of Open Positions – Stocks
The recent pullback and rotation in the major indices this week has produced a tricky environment for anyone without a systematic process to help them navigate. If over the weekend you are asked ‘What...
View ArticleReview Of Open Positions – Stocks
We had a busy week in our stocks portfolio with plenty of signals as many of our trailing stops got hit, prompting us to take profit on over a third of our names. It started with our exit in $TASR for...
View Article
