Wednesday, April 23, 2014

($SD) I have sold my entire position in Sandridge Energy for a nice +8.99% profit. There is major resistance around $7 and I prefer to take my profit instead of gambling.

Tuesday, April 22, 2014

I have just sold my entire position in Alstom from Paris for a 3.53% profit. Bad entry point.

Monday, April 14, 2014

($SPX, $SPY) The NYSE Summation Index has turned lower and this is bearish medium term.

($EWZ) The Brazil Etf is now at hard weekly resistance. Needs a nice correction here.

($TLT) The 10 year US bonds are at hard weekly resistance. They have to correct now.

($NDX, $XLF) The Nasdaq-100 and the financial ETF are both at hard weekly support. They should bounce from here.

($DJIA) The Dow is now at hard weekly support. It looks like it should hold about here.