Tuesday, July 21, 2015

Market update

Previous market update here

ST - Buy
IT - Buy
LT - Buy

All my positions are on buy signal, no change in trend yet, though I am seeing warning signals on the ST and LT. I am taking off 50% off of my ST position (here)with a 2.5% profit in ticker SPY, as 2.5% in ~ 10 days is kind of nice. Stop for 25% of this position is at SPX 2100 - to ensure the profits don't slip away. The other 25% will be flipped when the sell short signal comes on. This small blogpost sums up my strategy = scale out of profitable positions = always win!


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