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Trade Ideas & Sector Analysis for 5-25-18

An overview of various commodities, sectors, ETF & individual stocks that stand out as compelling trade ideas at this time, both longs & shorts. Took a while to get this one posted as I was working on publishing a few trade ideas after completing the video. playback speed can be increased in the settings to reduce video duration One of the trade ideas covered in this video is LMT, which still looks like an objective short. However, I opted to go with the ITA (Aerospace & Defense Sector ETF) instead for the additional diversification provided by the ETF although LMT tends [...]

2018-05-25T10:32:32+00:00May 25, 2018 10:31am|Categories: Equity Market Analysis, Fixed Income (Bonds), Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , , , , , , |2 Comments

Short Trades Category Updated

The following short trades have either exceeded their suggested stop(s) or no longer look compelling from an risk-reward perspective and will be moved to the Completed Trades category: ADBE: Has traded slightly above the suggested stop of 77.09 over the last several trading sessions, resulting in a relatively small loss of 2.8%. As the R/R on this trade was way above average (over 10:1 R/R to the final target), in hindsight, I should have listed multiple stops, not just the sole suggested stop 77.09 which was based on the distance to the first profit target at 69.85. With that being said, [...]

2015-04-30T09:00:57+00:00Apr 29, 2015 7:28pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , |Comments Off on Short Trades Category Updated

HIBB First Price Target Hit + Market Comments

The HIBB (Hibbett Sports Inc) short trade hit the first target today for a 13% gain. HIBB came within 3 cents of hitting the first target, T1 at 43.48, exactly one month ago today before making a failed attempt to backfill the large gap and although it took a bit longer than I had expected, the first target was finally reached today. Consider booking partial or full profits and/or lowering stops, depending on your trading plan. T2 (40.35) remains the final target. click here to view the live, annotated chart of HIBB Note: New trade ideas and market updated have been [...]

2017-03-08T21:20:48+00:00Sep 8, 2014 3:22pm|Categories: Completed Trades - Short|Tags: |Comments Off on HIBB First Price Target Hit + Market Comments

HIBB Close To First Profit Target

HIBB daily Aug 8th HIBB (Hibbett Sports Inc) gapped down 12.5% at the open today and came within a mere 3 cents of the first profit target, T1 at 43.48. Chances are that target will be hit next week so consider booking partial or full profits and/or lowering stops, depending on your trading plan. T2 remains the final target

2017-03-08T21:20:51+00:00Aug 8, 2014 4:39pm|Categories: Completed Trades - Short|Tags: |Comments Off on HIBB Close To First Profit Target

HIBB Short Trade Setup

HIBB (Hibbett Sports Inc) will trigger a short entry on any intraday break below 49.96. An alternative, more conservative entry would be to wait for a close below 50.00 (shorting just before the 4pm market close if the stock is poised to close below that level). Suggested stop above 53 (or lower, if only targeting T1). Although the actually support level comes in right about 50.00, my preference is to give it a buffer of about 4-5 cents below that level to avoid a premature entry, should we get a brief intraday break below support that proves to be a whipsaw [...]

2014-08-08T16:20:42+00:00Jul 25, 2014 3:32pm|Categories: Completed Trades - Short|Tags: |Comments Off on HIBB Short Trade Setup