The following Short Trades have been moved to the Completed Trades category as they have either exceeded their suggested stop (or any reasonable stop criteria, if none listed) or they no longer look compelling from a risk/reward perspective: AMTD: Regained the uptrend line shortly after the breakdown & went on to exceed any reasonable stop. [...]
There are a numerous attractive short setups forming in the investment brokerage sector. ETFC (E-Trade Financial Corp) will trigger a short entry on a break or daily close (for those preferring additional confirmation in order to reduce the odds of shorting a false breakdown). ETFC does have the potential for a longer-term swing short trade [...]
another popular retail broker sitting on the edge of a cliff...
if you missed the post on the investment brokerage sector last week, you might want to review it by clicking here. here's the updated chart showing that this sector continues to be in near free-fall mode, with the entire sector down nearly 24% in less than just about the last 7 weeks. i was going [...]