The wind is decidedly not at our backs now. A review of market conditions shows that price action is against multi-month trend-following stock trades. And with volatility comes opportunity, particularly when it comes to selling short-term options spreads. We're waiting for a market support break before committing to more. -- Mike and AA
With market volatility continuing to wreak havoc on our bullish trades, we accept victory as our trend trades come to an end. We entered Boeing last July at $104 and stopped out today at around $131. As the Chaikin system promises, the gains are large and losses minimal. That's why we love trend trending when the wind is at our back with Chaikin Analytics. Here's a look at how we're doing.
The wind is decidedly not at our backs now. A review of market conditions shows that price action is against multi-month trend-following stock trades. And with volatility comes opportunity, particularly when it comes to selling short-term options spreads. We're waiting for a market support break before committing to more. -- Mike and AA Comments are closed.
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June 2017
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