Tough call on whether or not to include PAL in our current holdings, as it gapped up and ran pretty substantially at the open (over 10% above the buy stop) before falling. I'm going to err on the side of inclusiveness and just add it.
| Current Holdings | ||||||
|---|---|---|---|---|---|---|
| Ticker | Basis | Closing Price |
Perf. | Sell-Stop | Addl Exit Guideline | Chart |
| GS | 160.91 | 162.58 | +1.0% | 157.99 | Consider selling some or all at the open, or use tomorrow's idea SKF to hedge | Chart |
| FXP | 10.04 | 10.31 | +2.6% | 9.65 | N/A | Chart |
| SRZ | 2.19 | 2.15 | -1.8% | 1.98 | N/A | Chart |
| PAL | 2.97 | 2.88 | -3.0% | 2.81 | N/A | Chart |
Even if the general market hasn't turned over yet, some sectors look like they're done: China, for example, which we have covered with FXP. Tomorrow's ideas are all shorts along these lines.
| Ticker | Entry | Exit A | Exit C | Chart |
|---|---|---|---|---|
| SRS (Ultrashort Real Estate) | 12.13 | 11.37 | N/A | Chart |
| QID (Ultrashort QQQQ) | 26.28 | 25.17 | N/A | Chart |
| VXX (VIX Volatility Index ETN) | 57.34 | 56.06 | N/A | Chart |
| SKF (Ultrashort Financials) | 28.01 | 26.20 | N/A | Chart |
Please refer to "How To Trade The Ideas" (right-hand side) to read this table.
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