Bringing you some promising trade ideas each trading day

NEW ADDRESS: chribstrades.blogspot.com

Thursday, January 14, 2010

Trade Ideas for 01/15/10

Slow grind up today; looks like the market is going for an upwardly biased expiration Friday. We bought ESI today. If the market should close with strength tomorrow (or the S&P hit 1160), look to book some profits in existing positions.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
GE 15.68 16.70 +6.5% 16.49 N/A Chart
CPST 1.30 1.39 +6.9% 1.36 N/A Chart
SVA 7.51 7.40 -1.5% 7.09 N/A Chart
ESI 101.97 101.96 -0.0% 99.33 N/A Chart


Taking it easy on expiration Friday.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
SPG (Simon Property Group) 76.71 74.99 N/A Chart
EEV (Ultrashort Emerging Markets) 10.51 10.25 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

No comments: