Profits Taken on 2 More Overbought Items

Joining GILD in the overbought profit-taking sweepstakes are RIO and AXU, as the need to be in balance - complete with strengthening USD positions* - and profit retention are priorities.…

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And Then There is Mazor Robotics & Medtronic

A couple days ago we noted that MZOR was bullish despite a wobbly Medical Device sector, including especially, Medtronic (MDT), which led the sector to its recent weakened state. I…

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Market Snapshot

So where are we after a couple of days of inconvenient activity for bulls? S&P 500 is only testing its SMA 50 as it has on 4 previous occasions this…

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Research in Motion

Assuming a reasonably stable market, I have committed to an extended hold in BBRY (after taking profit on a partial position) despite its daily overbought condition and short-term toppy appearance.…

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Attending to Short Positions

Profit taken on the still much ugly DBC, which has dropped to potential support. Loss taken on GDX, which was overseeing the hold and additions of longs that look like…

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A Strange Day

Brokerage Account: Overwhelmingly long... Green Roth IRA Account: 100% long... Green Trading Account: 100% short... Green And no, I am not bragging because if I were to do that you…

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Two Winners; SIMO & BBRY

[edit] aware of my self-congratulatory tone I've taken the profit on 40% of the SIMO position, actually bringing it in line with the BBRY position, on which I previously took…

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S&P 500 Closes Trump-Gate Impeachment Gap

As we noted in NFTRH 448... SPX and Dow did some gap filling as man and machine used the word “Impeachment” blared throughout the media as an excuse to sell.…

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Longs Shrink, Shorts Grow and Trump Towers Fall

I took the dividend and profit on IBM and clipped another item before it could start rolling up a loss.  I think that precious metals will bounce, but they are…

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Blackberry Finally Gaining Traction

[edit] Well, it's back to Pallookaville as the gap fills.  It's okay, I've got time. I have held this one for months now, since the big move away from devices…

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Some Profit Taking…

I took profits on a couple of items in order to seed into some non-starters that I feel will do well for as long as the stock mania is intact. …

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Portfolio Positions, 1 Week PT (Post-Trump)

The election's aftermath saw me sell bullish hype (ex: profit on GS and an ill-fated short on IWM, since closed at a loss) and buy negative hype.  Here is how…

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