Mar 22
I’ve had a few people ask me this so I thought I’d put my thoughts down on paper. The first thought that enters my head when someone asks why I hold through earnings is “Why wouldn’t I hold through earnings?”, so let’s try and see why I feel that way, because it suggests I see …
Mar 03
A follower on StockTwits was kind enough to point out how $OCN had rallied sharply after I’d cut my long position. I said it was OK, I’d obeyed my stop. In the past I’ve tried to avoid keeping the charts of recently closed positions on my screen, I’ve always found it easier to move on …
Feb 23
With this week’s volatility and pullback in the market we got stopped on 3 positions: Whole Foods ($WFM) -11.4% Continued to decline on good volume following its post-earnings slump, endangering its longer-term trend. iPath DJ UBS Copper ETF ($JJC) -5.3% Invalidated our rationale closing below the $45 level we cited. It’s returned to the lower range …
Feb 16
Here’s our performance review of stocks since mentioning them here. In order to be as transparent as possible when I blog about a stock during the trading day, for better or worse, I take the next session’s open as my entry for performance measuring purposes. And as always we show losing trades here as well …
Feb 11
Whole Foods ($WFM) is another one of those stocks that gives you that Peter Lynch “invest in what you know” moment where from either experiencing or seeing the company’s products, or just hearing others give glowing reviews, you want to see what all the fuss is about and buy the stock. They’ve opened a store …
Jon Boorman, CMT, is a market technician, analyst, and trader with 25 years experience in global equity, forex, and futures markets. He employs trend following and momentum strategies to generate actionable trade ideas. More....
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