Splash Zone Posts

There isn't much to review from last week considering that I was stuck in jury duty for most of the week, and as a result no trades were placed - at least in terms of new positions.  As a result, we have one position and it is our carry over from March with TLT that

Overall the week finished lower last week.  We closed out some solid gains in Netflix (NFLX) and (AMZN), while struggling with our trade in SDS for a small loss.  We saw a nice move out of TLT last week, which definitely helped matters, but our positions in SPXU and DIS hasn't done much to write

Last week was an excellent week of trading in the Splash Zone. There wasn't a ton of trades, and there didn't need to be. The positions that were in our portfolio did their thing and continued to progress in value.  With six trades overall, five of them were in the green and either were closed

4/1: XLF showing signs of wanting to bounce off of the 20-day moving average, as is AMTD. As a result, I want to trade AMTD now while the risk/reward is favorable and the market is moving off of the lows of the day. once it clears $32, it should be clear sailing.

3/31: Got out of NFLX yesterday as a precaution to a concerning price candle from the day's action. Today's price action has reversed that course so far and showing signs of rallying off of the 5 and 10-day moving averages. I am looking for the current breakout to continue here.

3/30: EMN breaking higher and through resistance going back to October. Nice consolidation at the rally highs and looking to break higher with s upport of the 20-day MA underneath.

3/28: Holding strong to the 20-day moving average and breaking back above the 5 and 10-day moving average following a 4 day pullback in the stock. 200-day Moving average overhead has offered little support/resistance so isn't being considered in the context of this trade. Potential breakout target of $110-115. This stock is a strong breakout

3/28: Bull flag pattern following a big gap up earlier this month. Holding strong to the 10-day moving average and breaking over the 5-day moving average. Looking for a move into the upper $80's.

This will be a short update due to the lack of activity in the swing-trading portfolio this past week and and the fact that it was a holiday week.  Basically we had two trades: SPXU on Monday and TLT to close out the week on Thursday. And really SPXU was the only trade to be

As a person who takes a lot of pride in managing the risk that is inherent in trading and keeping it to a minimum, last week, is one of those weeks, that can be quite easy to get under the skin (thought I refuse to let it). Coming into last week, the market had hit