The Best Hot Charts & Stock Alerts From The Pros

Dow stocks are outperforming today (which is usually bearish). IBM strong bounce, triggering the break even stop. On to the next trade. Rinse and Repeat.

CAT
Short Entry: $116.05
Profit 1st Half: $109.55 (+$6.50 or +5.6%)
Profit Second Half: $108.50 (+$7.55 or +6.5%)

This alert was posted by member blh123 on Traders Life 24/7. Many great trade setups were posted today. Amazing analysis by the best and brightest using the ITMS Methodology. Keep up the great work!

COH
Short Entry: 76.25 (50/20MA)
Stop: Close Above $80.00
Target 1: $69.00
Target 2: $65.00
Trade Alert Valid Through 04/19/2012
*Be Aware Earnings Are On 04/24/12

The whole entire position has been covered at break even as the stop was hit. This is a wise move going into earnings no matter what happens. The key to profitable trading is to only be in trades where you know the outcome 80-90% of the time. That winning ratio will keep you safe and profitable for life. GOOG reports earnings today after the close. The stock could pop $50 or drop $50. It is a gamble and that is not what a good trader does.

Enjoy the lower stress.

SBUX
Short Entry: $60.35
Stop: Close Over $65.00
Target 1: $55.85
Target 2: $53.35
Portfolio Position Size: 10%

SBUX
Short Entry: $60.35
Stop: Close Over $65.00
Target 1: $55.85
Target 2: $53.35
Trade Valid Through: 04/13/2012

 

Another beautfiul master level short nailed. First target has been hit. Place a break even stop on the trade and let it go to second target.

PCLN
Short Entry: $753.25
Stop: Break Even (2nd Half)
Target 1: $719.75 (Achieved +$33.50)
Target 2: $653.25
Percentage Size of Portfolio: 3.75% (was 7.5% prior to profits being taken on first half)

As the trades move into the money nicely and the cycle plays out, methodology dictates we protect our investment with break even stops. Note the changes below. At this stage, shorts make up 46.25% of the swing trade account. Approximately 7.5% is in small caps, leaving 46.25% in cash.

IBM
Short Entry: $205.90
Stop: Break Even
Target 1: $199.90
Target 2: $194.40
Percentage Size of Portfolio: 10%

GOOG
Short Entry: $653.00
Stop: Break Even
Target 1: $623.00
Target 2: $583.00
Perfectage Size of Portfolio: 10%
*Earnings Thursday After The Market Closes

PCLN
Short Entry: $753.25
Stop: Confirmation Over $800.00
Target 1: $719.75
Target 2: $653.25
Percentage Size of Portfolio: 7.5%

CAT
Short Entry: $116.05
Stop: InTheMoney $108.50 (2nd Half)
Target 1: $109.55 (Achieved - Profit)
Target 2: $97.55
Percentage of Portfolio: 3.75% (Was 7.5% Before Half Taken For Profit)

MSFT
Short Entry: $31.50
Stop: Break Even
Target 1: $29.95
Target 2: $28.75
Percentage of Portfolio: 10%

SDS
Long Entry: $17.08
Stop: Close Below $14.50
Target 1: $18.83
Percentage of Portfolio: 5%