In reviewing the Short Trade Ideas today, the following trades have either hit one or more price targets and/or exceeded their maximum suggested stop & will be moved from the Active Trades category to the Completed Trades category. Note: Additional market & sector commentary, as well as the outlook for these former trades is included [...]
Most of my home town of Fort Myers, FL is still without power including my home although I'm now back online with generator power & a (slow) internet connection via tethering off my cell phone. I hope to be fully running with both my power & high-speed internet connection restored soon but don't know exactly [...]
The following chart & notes outline the entry criterion, price targets & suggested stop for a swing trade in ETFC, E-Trade Financial Corp.
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...