Short Trade Ideas Updated

The following trade ideas have been removed from the Active Short Trades categories as they have either exceeded their previous suggested stops (or any reasonable stop, if none suggested) or the stock simply no longer looks to offer an attractive R/R at this time. Some of these trades may have already hit one or more profit targets while others did not. Most trade ideas on RSOTC are immediately removed from the Active Trades category upon reaching the final profit [...]

2014-07-09T18:52:33+00:00 Jul 9, 2014 6:52pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Short Trade Ideas Updated

Trade Updates & Market Thoughts

From time to time, I will share a reply to a question that I've received which might have some usefulness to others following the trade ideas or market commentary on RSOTC.  The following trades; GRA, HSNI, GIS, & ABG, as well as my thoughts on the market are discussed below: Question: I must ask if it's wise to hold the shorts GRA, HSNI, GIS and ABG given the expected bounce off S&P support.  I've read projections that the S&P could go as high as 1830 on this rebound.  I realize each stock is a different situation so generic answer may not [...]

2017-03-08T21:21:05+00:00 Feb 4, 2014 2:29pm|Categories: Equity Market Analysis|Tags: , , , |Comments Off on Trade Updates & Market Thoughts

Fall From Grace

GRA daily Jan 27th GRA (W.R. Grace & Co) looks to offer an objective short entry following this recent break below the lower-most of three parallel uptrend lines.  T2 is my preferred target at this time although that may likely be extended soon.  The first target (T1) is 85.91 with three additional targets shown on this chart (suggested buy-to-cover levels to follow).  Stops should be commensurate with one's preferred target(s), ideally using an R/R ratio of 3:1 or better.  Click here to view the live chart of GRA

2017-03-08T21:21:07+00:00 Jan 27, 2014 10:51am|Categories: Completed Trades - Short|Tags: |Comments Off on Fall From Grace