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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 [...]

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

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 [...]

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 [...]

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

WMT update

The WMT active short trade, which recently hit the first target, is once again offering an objective short entry or add-on as it has bounced to just below resistance.  I would consider a stop just above that next horizontal resistance level shown on this updated 4-hour period chart.  A stop above the 71.70 area would [...]

Nov 29, 2012 3:49pm|Categories: Completed Trades - Short|Tags: |Comments Off on WMT update