‘Pocket Change’ Archive

Bonds reach 38% Fib level…

Yesterday I shared in a post that I was picking up some extra “pocket change” due to harvesting some bond positions (see post here)  I received numerous great emails, asking why and what the plans might be from here. CLICK ON CHART TO ENLARGE Bought bonds as a very bullish pattern took shape of late in bonds/TLT at [...]

Pocket Change gains on XSD

Am going to harvest the Semi ETF (XSD) right now.    CLICK ON CHART TO ENLARGE Game Plan…Taking gains in XSD right here due to the quality relative strength gains in the past couple of weeks.       

Pocket change in TBF

Set the stop on TBF at just 1% in a post this morning, due to potential channel support, after a HUGE bond decline over the past week. (see post here) CLICK ON CHART TO ENLARGE Stop took us out a while ago as TLT hit support and bounced at lines (1) & (2).  500 index is up [...]

Taking gains in the Inverse Oil ETF (DTO)

Am going to sell  DTO (inverse crude oil ETF) and take “Pocket Change Gains” right now!  Oil declined close to 10% in the past couple of weeks and has found some potential support, as well as sentiment has become fairly bearish.

Pocket Change Gain of 6.1% taken in TBF. Buying TLT

Suggested last night to sell TBF (see post here), picked up a small gain of 6.1%. See below for new bond purchase. CLICK ON CHART TO ENLARGE Game Plan…Buying TLT at (2) in the above chart, with a 2% stop.