Stock Slinging

It seems that most forex and futures symbols continue to run in circles ahead of the Friday presidential inauguration and unfortunately I found little to share on that front. Which leaves us only with stock symbols but fortunately I was able to uncover a few goodies.

2017-01-18_LXP_update

First a quick update on our LXP campaign which I posted for the subs last week. We snagged a pretty decent entry and thus far it’s sticking to the script. Time to advance or stop to near the break/even mark at 10.79.

2017-01-18_APC_setup

APC is a possible long term campaign which is why I’m showing you the weekly and monthly panels. As you can see it’s been trading inside of tight range for the past few weeks and I’m sure it wants out. As it’s near the lower boundary plus given the monthly context I am tempted to grab a long position with a stop below 68.

2017-01-18_APC_financhill

Seasonality courtesy of Financhill – click on the chart or here to look at a dynamic chart plus some juicy stats. I don’t see any red flags here so this is a go for me.

2017-01-18_LOW_setup

LOW has been trading even lower lately but managed to reconquer a daily NLBL plus its 100-day SMA. I’m interested in a long position but only if it drops back down to the 72 mark. Stop would be placed below 70 – how’s that for nice round numbers?

2017-01-18_LOW_financhill

Seasonality very supportive – we’re looking good here.

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Ready For Action

I really had to drag my butt in front of my monitor this morning. Didn’t feel like trading and I for sure didn’t feel like I had it in me to do a post. But as the saying goes: No rest for the wicked. For I was quickly reminded of a sentiment I felt many times after convincing myself to brave lousy weather and hit the gym. For one I was glad that I went and most importantly I probably would have missed a kick ass session.

2017-01-11_silver_update

So let’s dive right in with an update on our silver campaign. Which barely triggered an entry near 16 yesterday, and I’m glad it did as it’s now time to advance our stop to break/even. I concede that it’s a bit early to do that but in this particular case we have a situation where silver is just about to either reach escape velocity or will most likely be stomped on again. Given the ongoing series of higher lows and higher highs it’s really time for this one to get out the gate.

2017-01-11_zl

Soybean Oil – yes, a bit of an exotic contract but I have enjoyed trading it in the past as it’s got a habit of jumping off like a 1964 GTO on nitro. Our evil mission of the day is to wait for a long entry near 35.4 and then put a stop somewhere below the 35 mark. And just like like the GTO she’ll either crash and burn or everything else in the vicinity is going to eat dust.

2017-01-11_dps

Sticking with American classics theme – here’s Doctor Pepper (created in 1880 – did you know?) which is painting a rather refreshing series of HHs and LLs on the daily panel.  The current shake out may just be a last kiss goodbye before it peels rubber and heads higher. So here I plan to be long on a recovery above the NLBL at 90.76 with a stop below 89.

2017-01-11_dps_financhill

Seasonality is looking a bit flat here which means we may have to be patient. But it’s not pointing down either and the starting in spring it’s got a habit of burning the shorts. Friendly reminder, you can click on the chart to get to the live version at Financhill which has cool tools and statistics.

More setups below the fold – please grab your secret decoder ring and join me in the lair:

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It's not too late - learn how to consistently bank coin without news, drama, and all the misinformation. If you are interested in becoming a subscriber then don't waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

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