‘Tighten up stops’ Archive

Don’t kiss away gains in the 500 index…

09/14/2010, filed under bonds, S&P 500, Tighten up stops; 13 Comments.

With the 500 index at the top of the trading range and bonds testing support, please see instructions below. Game Plan…Extra tight stops, to protect the past couple of weeks gains.  Will let the stop-loss harvest for us… if it happens.  With high yields breaking resistance (see this post) and reflecting nice relative strength, stocks have [...]

Tighten up stops….500 index

09/09/2010, filed under S&P 500, Tighten up stops; 4 Comments.

This morning I mentioned the 500 index was facing key resistance and to tighten up stops.   See last line in the post below…. 500 index had a good rally earlier today, yet notice how it has faded (took a market snap shot at 12:30 central) and created a sizeable upside wick, which has a micro [...]