Friday, January 24, 2014

Friday's Outcomes: XLP, XLV, WDR

I've opened a bear position in XLP, the symbol I analyzed today. See "XLP: Bearish on consumer staples" for details.

I've closed XLV for a loss and updated my entry analysis with details. See "XLV: Bullish on healthcare".

WDR reversed course to the downside today and I've closed my bull position. See "WDR: Bullish on investor services".

References

My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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