Monthly Archive: March 2013

Mar 30

Review Of Open Positions – Stocks

AlphaCapture

In this holiday shortened week to end the first quarter, we were reasonably active adding 4 new positions: Cerner ($CERN), and Packaging Corp ($PKG) which we detailed here, as well as Corning ($GLW) here and IBM ($IBM) here. All four are off to a winning start, continuing to show strength as the market moved to all time highs. …

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Mar 29

Review Of Open Positions – Futures

AlphaCapture

We had another exit signal during the week, getting stopped on our short crude oil position which we detailed here. It was never working for us, and we covered with a loss of $4,400 per contract. This left us with just 4 open positions, all winners, as follows:- Long S&P 500 ($ES_F) 1/28 +$3,650.00 per contract …

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Mar 29

Exiting Long JPMorgan ($JPM)

AlphaCapture

As we mentioned on Thursday prior to the close, JPMorgan ($JPM) has continued to act poorly, showing relative weakness, and breaking both moving average and price support levels, thereby triggering our stop which will see us exit at Monday’s open. JPMorgan ($JPM) +1.3%. Original 1/28 entry post here. It’s disappointing as it had looked strong taking …

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Mar 28

Long IBM – ‘Big Blue’ Flashes Green

AlphaCapture

It’s interesting that after many buy signals in defensive sectors like Healthcare, Consumer Goods, and Staples, we now have $IBM, one of the biggest of blue-chip names, giving us what I believe to be a low-risk entry to a strong long-term uptrend. A quick look at the last two years on a weekly chart shows …

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Mar 26

Trend Following Update – Exiting Short Crude Oil

AlphaCapture

We mentioned in our weekly review of open positions the frustration of having a position go against us from the very beginning, and so it continued with our short position in crude this week, finally giving us an exit signal tonight after an impressive 3-day thrust to 5-week highs. We’ve covered our position at the …

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Mar 26

Corning ($GLW) Set To Emerge From 18-Month Base

AlphaCapture

We’re adding a long in Corning ($GLW) to our portfolio this morning. This is a stock that doesn’t fit the pattern of many of our longs, it’s not already in an established long-term uptrend, but its price action on a short-term and intermediate basis suggests it could be in the early stages of a very …

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Mar 25

Exiting Magellan Health ($MGLN)

AlphaCapture

As we highlighted earlier today, $MGLN invalidated our long rationale and triggered our stop. As of today’s close we were losing 12.2% on the position. Per our usual process we will take tomorrow’s (Tues) open as our exit. $MGLN got hit hard today along with $VHS on the loss of an Arizona Medicaid contract. The why …

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Mar 25

Forget Cyprus And Europe, Watch The Yen

AlphaCapture

With all the reversals that are taking place in major markets today, what should have been the most eye-catching move has gone largely unnoticed – the move higher in the Yen. Short Yen is a position that has been a big winner in our long-term trend following system that we’ve talked about on multiple occasions, …

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