SOLD HRB $20.62
SOLD 1/3 VISN $11.26
SOLD 1/2 HEAT $15.91
SOLD TIE $11.13
BUY HW $5.59
SOLD MEA $4.47
US markets remain in neutral consolidations and trading really should be avoided in these times of low volume chop zones. Its hard to predict what is going to happen so its better to just avoid trading cause you can get "chopped up" and whipsawed pretty good if you don't know what you are doing. I have been in and out of positions and my holding period for many stocks is not very long. I will probably begin to trim down on my positions and remain on the sidelines till the new year when volume picks up again and there is more market direction.
My short USD/CAD got stopped out as the US$ rallied to a high of 1.0746. It looks like it is trying to break out of the pennant. Also note the positive divergence in the USD/CAD as the MACD is increasing with the USD/CAD falling. This could mean that the rebound of the US$ could be coming soon.
SOLD 1/3 VISN $11.26
SOLD 1/2 HEAT $15.91
SOLD TIE $11.13
BUY HW $5.59
SOLD MEA $4.47
US markets remain in neutral consolidations and trading really should be avoided in these times of low volume chop zones. Its hard to predict what is going to happen so its better to just avoid trading cause you can get "chopped up" and whipsawed pretty good if you don't know what you are doing. I have been in and out of positions and my holding period for many stocks is not very long. I will probably begin to trim down on my positions and remain on the sidelines till the new year when volume picks up again and there is more market direction.
My short USD/CAD got stopped out as the US$ rallied to a high of 1.0746. It looks like it is trying to break out of the pennant. Also note the positive divergence in the USD/CAD as the MACD is increasing with the USD/CAD falling. This could mean that the rebound of the US$ could be coming soon.
Comments