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Post by Spiderman on Aug 21, 2016 6:42:35 GMT -5
Thanks.
I'll ride WPX long this week.
Spiderman
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Post by tiarra on Aug 21, 2016 10:22:15 GMT -5
What in the world has happened to my positions? Hopefully this bad streak will end soon!
Congrats Spiderman!
DLTR Long
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ira85
New Member
Posts: 837
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Post by ira85 on Aug 21, 2016 16:31:32 GMT -5
Congrats Spidey!!
I'll stay with my default pick, LMT.
My strategy to pick a slow, steady, reliable gainer and ride it up took a hit this week. While the market was flat LMT lost nearly 4%, a lot for a low volatility stock. It seems there was a spin-off of a part of LMT and the volatility this week was related to that spin-off. After its all done, LMT has fewer common shares which should boost per share earnings. I'm guessing the worst is over and it gets back to it's usual low-volatility ways next week. -ira
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Post by sd on Aug 21, 2016 17:57:13 GMT -5
My sentiments exactly Tiarra!
ALNY has me well into the red- It is basing sideways, Looks like an ascending triangle, with PRICE converging tightly now at the Apex -
It should either Breakout -or breakdown. Good Luck!
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Post by sd on Aug 21, 2016 18:53:13 GMT -5
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Post by tiarra on Aug 22, 2016 11:21:29 GMT -5
DLTR has earnings Thursday, so I am thinking it may move to 100
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Post by tiarra on Aug 22, 2016 11:22:21 GMT -5
On a side note, if I remember correctly Dollar General has earnings the same day and it's stock mimics Dollar Tree. That is from my memory, so I don't know how reliable it is.
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Post by sd on Aug 22, 2016 12:02:09 GMT -5
Comparing the 2 charts at lunch, DLTR looks to have been the much smoother ride for the past few months, and is in a tight sideways price range this past week- bodes well I would assume for the upcoming earnings. DG has been choppier, and appears to be breaking down from the jULY hIGH, TREND IS IN DECLINE . (DAILY). bOTH HAVE MADE AWESOME moves off the lows back in November 2015.
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