swing trades

I am getting ready to head into the bellagio and wanted to give everyone an update on where we stand on these swing trades.

First of all it looks to me there a good chance the market will close in the green for the day.Its on the upmove now….and in addition the euro has been up 1% all day along with tbond now only down .25 percent from 1 %.

Teva is trading at 55.34 with the rsi(2) at around 14….it wouldnt surprise me to close out teva with a nice gain today…..if the market does close in the green its likely teva will be a sale at the close since the rsi(2) is on the move.

wfc is now trading at 30.21 with the rsi(2) still around 3 or so. It would take a pretty big move to close this position out at the end of the day.

I have my ipad with me along with logmein so I can monitor the charts while I am at the bellagio.

I will post an update if I happen to exit either or both trades today.

RickJ

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt
Do NOT follow this link or you will be banned from the site!
Sign up now for our daily newsletter. Includes handicapping tips

NFL and College football is hot this season!

RickJ's Handicapping Picks  The latest in positive EV handicapping Techniques
Sign up now for our daily newsletter with handicapping tips 
Close
Rickj's Handicapping Picks