XLP + Consumer Staples Analysis & Trade Ideas (video)

Technical Analysis of the Consumer Staples sector via XLP along with several of the top components that made offer objective swing trading opportunities. The video covers both the outlook for the Consumer Staples sector as well as the top components, many of which appear to be setting up as both long & short swing trading opportunities. As this video ran much longer than I had intended, I will follow up by posting charts on XLP and any of the stocks covered in this video that stand out as potential trading opps at this time asap. For those with the time or [...]

Sep 28, 2017 10:53am|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , |0 Comments

XLP Consumer Staples Sector Breakdown

XLP (consumer staples ETF) had a very impulsive gap & breakdown today. Several key staples companies such a WMT, COST, WBA, CVS & to a lesser extent (weighting-wise but not percentage loss), KR mentioned in the trading room earlier all down big so far today. XLP daily June 16th At a weighting of 9.4%, XLP is one of the largest sectors in the S&P 500 & highlighted recently in the S&500 Sector Analysis update posted on Wednesday. I've since added a minor trendline (yellow) which could come into play here but even though a reaction is likely soon due [...]

Jun 16, 2017 10:12am|Categories: Equity Market Analysis|Tags: , , , , , |2 Comments

WMT First Price Target Hit, Booking Full Profits

WMT (Wal-Mart Stores, Inc) has hit T1, resulting in a total return (including the 0.49 dividend paid out on Monday) of 9.1% since the entry on Nov 4th. While Growth & Income investors might considering raising stops to hold out for additional gains, I have decided to book full profits & make this the official final target for this trade. WMT daily Jan 6th WMT was a Growth & Income Trade with the entry posted on Nov 4th, listing 3 potential price targets at the time. Based on both my near-term bearish bias for the broad market as well [...]

Jan 6, 2016 10:06am|Categories: Completed Trades - Long, Growth & Income Trades- Completed|Tags: |Comments Off on WMT First Price Target Hit, Booking Full Profits

WMT Growth & Income Trade Idea

WMT (Wal-Mart Stores Inc.) will be added as an Active Growth & Income Trade at the open today. Since WMT peaked back in January of this year, the stock has plunged 37% to a well-defined long-term support level while at rarely seen oversold levels which have historically preceded major uptrends in the stock.   With a current dividend yield of 3.42% and the potential for about 21% in capital appreciation, should the stock advance to the final target, T3 on the daily chart (somewhat above 70, the exact suggested sell limit levels will follow) and a suggested stop on [...]

Trade Ideas Update

I've spent most of the morning reviewing the charts on all of the active trade ideas.  While all the active longs still look fine, the short trades is a mixed bag right now: Some with nice embedded gains, some close to entry/breakeven, some close to their suggested stop level and some that have already exceeded their previously suggested stop criteria & need to be removed from the Active Trades category (and into Completed Trades).  Those completed trades and their reason for removal are as follows: [...]

Mar 6, 2013 11:06am|Categories: Completed Trades - Short|Tags: , , , , , , , , , , |Comments Off on Trade Ideas Update

WMT short trade update

WMT has been an active short for what seems like forever but still looks good.  Here's a string of the last few 4-hour charts with some additional notes (and slightly revised final target) on the last (updated) 4 hour chart.  The final chart is an updated daily chart just showing the same pattern from a slightly zoomed-out perspective.  As these last two charts clearly show, WMT has been "stair-stepping" lower on smaller uptrends within the larger downtrend that has been in place for months now.  I moved the suggested target up by 10 cents since I have recently started to list [...]

Feb 4, 2013 11:04am|Categories: Completed Trades - Short|Tags: |Comments Off on WMT short trade update