Consumer Staples Trade Ideas (part 2)

This video is the second of two videos highlighting trade ideas that stand out in the consumer staples sector (components of XLP). The following stocks are covered in this order: MDLZ, CL, EL, STZ, SYY, BF.B, MNST, TSN, GS, K, KR, HSY, CAG, COTY & SJM. playback speed can be increased in the settings to reduce video duration

2018-06-08T15:38:26+00:00 Jun 8, 2018 3:38pm|Categories: Equity Market Analysis, Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , |1 Comment

HSY Stopped Out- All Trade Ideas Now Updated

In updating the trade ideas, I noticed that HSY (The Hershey Company) was still listed as an Active Short trade although the trade exceed the suggested stop of 103.46 a while ago. That stop was based on a 3:1 R/R to one's preferred target with the final target, T3 at 65.00, on which the maximum stop would be calculated. As such, HSY has been correctly reassigned to the Completed Trades category. For anyone that might still be short HSY, here's my read on the chart: HSY is most likely in the early stages of a new bear market & will likely [...]

2017-03-08T21:20:03+00:00 Jan 24, 2016 6:26pm|Categories: Completed Trades - Short|Tags: |Comments Off on HSY Stopped Out- All Trade Ideas Now Updated

HSY Short Entry & Setup

HSY (Hershey Foods Corp) will be added as a Active Short Trade here around the 93.85 level. HSY recent broke below this 5+ year bull market primary uptrend line with strong bearish divergences in place before the breakdown (weekly chart). HSY bounced on Friday & opened just below the bottom of last Wednesday's gap today (see daily chart) which offers an objective short entry as that gap will likely act as resistance. For more conservative traders not willing to short until clear evidence of a trend reversal in the broad markets (which I think we will soon get), alternative short entries [...]

2016-01-26T13:45:06+00:00 Jul 21, 2014 9:47am|Categories: Completed Trades - Short|Tags: |Comments Off on HSY Short Entry & Setup