Thursday, April 27, 2017

Short Setup FLT

Citron Research just put an article out on FLT. This bearish report coupled with the technical analysis presents a nice short setup. A break below 141 a share is a great short. There is a lot of support in that area. Its a rounding top formation as well.

Wednesday, April 5, 2017

QQQ Trading Range

I've been adding to my ETF QID here lately as the nasdaq is having trouble continuing higher. The nasdaq is beginning to look like the rest of the major indices. I'm mostly doing this just to hedge my long-term positions. I'd rather buy some protection against for a major market correction than sell holdings.