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Long-Term Trade Ideas Updated

The following trades have been removed from the Long-term Trade Ideas category. EC: Failed to reach T1 before exceeding the suggested stop below 14.86. CDE: Hit the final target, T3 at 6.55 for a 56% gain earlier this year & should have been moved to the Long-Term Trades-Completed category back then. SGG: Fell just shy of the first target before moving lower to exceed the suggested stop below 29.00. KOL: Exceeded the suggested stop of a weekly close below 13.45. GFI: Gained over 50% from the initial entry, hitting & exceeding all listed price targets. However, the last update only mentioned [...]

2015-07-07T15:30:16+00:00Jul 7, 2015 3:30pm|Categories: Long-Term Trades- Completed|Tags: , , , , , |Comments Off on Long-Term Trade Ideas Updated

PWE Pullback Target Hit, Uptrend Line Support Not Far Below

As was mentioned on Thursday, after PWE (Penn West Petroleum Ltd) hit the final swing target for a very quick 31% gain, an "unofficial" pullback trade idea was posted here on Twitter shortly afterwards. The purpose of this update is two-fold: 1) T3 was the final swing trade target & although PWE was left on as an Active Long-term Trade (i.e.- trend trade or investment), it was suggested when T3 was hit that "longer-term traders might also consider booking partial or full profits with the intent to re-enter on a pullback or at least raising stops as once again, the odds [...]

2017-03-08T21:20:31+00:00Apr 21, 2015 2:58pm|Categories: Long-Term Trades- Completed, Trading Tips|Tags: |Comments Off on PWE Pullback Target Hit, Uptrend Line Support Not Far Below

USO Target Hit, Pullback In Crude Likely

The first chart below is a screenshot from Tuesday's video in which I highlighted this horizontal line as the target for the impending breakout of USO (which occurred yesterday). As with the initial tag of each target, a pullback and/or consolidation is likely. The second chart is today's update chart of USO highlighting the breakout, which was mentioned yesterday, along with the tag of that target/resistance level today. The fact that USO has hit a key resistance level while very overbought in the near-term along with several other energy stocks, such as PWE, also hitting resistance, sharply increases the [...]

2017-03-08T21:20:31+00:00Apr 16, 2015 3:02pm|Categories: Gold & Commodities|Tags: , , |Comments Off on USO Target Hit, Pullback In Crude Likely

PWE T3 Hit, Pullback In Crude & Energy Stocks Likely

PWE daily April 16th PWE (Penn West Energy Ltd) has hit T3, which was the final swing target, for a 31.3% gain in just 5 trading sessions. Swing traders should consider booking full profits on PWE as crude oil is also at resistance, further adding to the case for a near-term pullback in PWE. T4 at 3.87 remains the final target for the Long-term Trade but with that being said, longer-term traders might also consider booking partial or full profits with the intent to re-enter on a pullback or at least raising stops as once again, the odds for [...]

2017-03-08T21:20:32+00:00Apr 16, 2015 2:24pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on PWE T3 Hit, Pullback In Crude & Energy Stocks Likely

PWE Second Price Target Hit For A 22% Gain

PWE (Penn West Energy Ltd.) has hit the second price target, T2 at 2.35, for a 22.4% gain in just four trading sessions. With the longer-term bullish outlook for both PWE & crude oil continuing to build, I have decided to make T4 the official final target for the PWE Long-Term Trade idea while T3 (2.52) will remain the final target for the Active Long Trade idea (i.e.-typical swing trade). If you are new to the site or unclear on the difference between the those two trade idea categories, a description of each is provided towards the top of the page [...]

2017-03-08T21:20:32+00:00Apr 15, 2015 11:07am|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on PWE Second Price Target Hit For A 22% Gain

PWE First Price Target Hit For A Quick 13% Profit

PWE daily April 14th PWE (Penn West Petroleum Ltd) has hit the first price target, T1 at 2.17, for a quick 13% gain in just three trading sessions. Consider booking partial or full profits and/or raising stops, depending on your trading plan. note: The maximum suggested stop level (shown as the dashed red line) has been raised to 1.73, which is the new official stop for this trade. T3 at 2.52 remains the final target at this time although an additional long-term target around the 4.00 area may still be added, depending on how PWE & crude oil trade [...]

2017-03-08T21:20:32+00:00Apr 14, 2015 1:25pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on PWE First Price Target Hit For A Quick 13% Profit

Market Analysis & Trade Ideas (video)

Unlike the typical videos that I publish which often focus on a particular sector, trade ideas, or an overview of the US and/or global stock markets, this video covers what I believe to be the some of the most significant developments in the financial markets at this time (US stock markets, currencies, precious metal stocks, crude oil) and wraps up with a few of the more promising trade ideas that I am following at this time, many of which are components of AND (Global X FTSE Andean 40 ETF). For those wishing to skip ahead, the follow securities are covered in [...]

2017-03-08T21:20:32+00:00Apr 14, 2015 11:06am|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities|Tags: , , , , , , , , , , , , |Comments Off on Market Analysis & Trade Ideas (video)