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Airline Sector Analysis & Trade Ideas (video)

The outlook for the airline sector, $XAL, as well as the individual stocks within that index, many of which appear to be offering very objective trade setups with above average gain potential. Note: If you click the settings icon (cog/gear icon), you have the option to increase the playback speed of the video (1.25x, 1.5x [...]

Short Trade Ideas Updated

Last week I had updated the Long Trade Ideas by removing any trades that had either reached their final profit target or exceeded their maximum suggested stops. I am now turning my focus towards updating the Short Trade ideas by first removing the following trades that have either exceeded their suggested stops or no longer [...]

Apr 5, 2016 7:26pm|Categories: Completed Trades - Short|Tags: , , , , |Comments Off on Short Trade Ideas Updated

ALK Second Price Target Hit for 17% Profit

In updating the trade ideas today, I just noticed that I had not posted any updates on the ALK Active Short Trade since the first price target was hit on January 11th. At that time, I had stated that "T1 (had been) hit for a quick 4.5% gain in less than 2 full trading sessions. [...]

Feb 18, 2016 10:59am|Categories: Completed Trades - Short|Tags: |Comments Off on ALK Second Price Target Hit for 17% Profit

ALK First Price Target Hit

T1 hit for a quick 4.5% gain in less than 2 full trading sessions. While a reaction is likely off the 67.60ish minor support level (dotted line), my expectation is for a continued move to T2 before any significant reaction.

Jan 11, 2016 12:38pm|Categories: Completed Trades - Short|Tags: |Comments Off on ALK First Price Target Hit

ALK Short Trade Setup, Airline Sector in Confirmed Bear Market

Despite plunging oil prices, the airline sector topped nearly a year ago & would appear to be headed much lower in the coming months, especially if/when oil prices start to rise. This 10-year weekly chart of the $XAL (Amex Airline Index) shows that after a monstrous 757% gain (coincidental, as the 757 was one of [...]

Jan 7, 2016 1:08pm|Categories: Completed Trades - Short|Tags: |Comments Off on ALK Short Trade Setup, Airline Sector in Confirmed Bear Market