HORSERACE FOR THE W/E 17 JULY 2016

[blygh]

HORSERACE FOR

 W/E 16 JULY 2016

RIDER	HORSE	OPEN	LATEST	GAIN/LOSS	RANK
TIARRA	AA short	9.95	10.90	-9.5%	6
SPIDERMAN	ATW	12.06	11.92	-1.2%	3
IRA	JNUG short	288.63	287.30	1.3%	1
JOE	TQQQ short	105.46	107.91	-2,5%	4
BLYGH	RUSS	12.92	11.79	-8.7%	5
MARKET	QQQ	110.98	111.77	0.7%	2

Just using default picks or last entry I put this together to see how much trouble it is.  The winner is ira's  last pick

[blygh]

For the trading week ending 7/23 AXON long with a stop loss of 12.70 and a limit of 15.50
Blygh

[sd]

My pick is GLL-it is a leveraged short Gold- -2x.
I took it thinking that Gold may have topped in the near term- particularly as the market appeared to be making new highs
This was an actual position I hold since earlier this week- It was heading up- but I expect it will now give back my small gains with the
tragedy in Nice and the instability in Turkey- If so, it will give me a pullback lower to enter into the Race, and the potential to move higher .

Stop loss will be $65.00, just at the bottom of the recent swing low. Target $76.00

Good Luck!

[ira85]

I'll stick with JNUG short. Stop loss of 313. (I'm guessing how to do this. JNUG close at 285. As it goes up my short loses. So I'm assuming the stop loss should be higher than the current price, since higher prices cause losses for me)

The gold miners have had huge gains this year and it looks to me like they could be vulnerable to profit taking. Hopefully events over the weekend cause it to open with a big gap up then sell off over the week.

Thanks for taking this on blygh! -ira

[tiarra]

BiiB long

Stop loss at 250