May | 2013 | adanac investment lab

On May 20, we initiated a position on 3d Systems. Since then, while DDD pulled back with the broader market, it has bullishly outperformed over the last two days, and has been exceptionally strong today, up over 5%. Continue reading

On May 20, we rolled a swing trade on Aflac. Since then, while AFL pulled back with the broader market, it has bullishly outperformed over the last two days, reaching a new high. Continue reading

On April 10, we initiated a multi-month position in Avery Dennison, hoping to capitalize on an earnings spike and subsequent continuation of its uptrend. Continue reading

On May 20, we initiated a position on Las Vegas Sands. While we did take measures to time our entry point carefully, the pullback in the market steered the stock off-course, and we did not select an option with enough time value to give us opportunity to wait it out and see if LVS will resume its uptrend. Continue reading

On May 15, we initiated a position on Homeaway. While we did take measures to time our entry point carefully, the stock did not travel in the direction we wanted it to. In hindsight, we could have adjusted our entry order to support at nearly $31, but any profits on that trade would still have been minimal. Continue reading

On May 14, we initiated a position on Caterpillar. While the stock did rebound as expected, it did not create a higher high, and instead turned with the market and is now trading below our entry point. Continue reading

Since our first trade about six weeks ago on April 10, our model 00,000 portfolio is up over 11% – 15.0% on closed trades and -3.4% on open positions.  Continue reading

S&P 500

After a lightly bullish start to the week, the S&P 500 pulled back over the last three days, starting with a sharp intraday bearish reversal on Wednesday. Much like the last multi-day pullback in mid-April, there is a lot of chatter about the markets finally topping and it being time to exit bullish positions. However, the broader technical picture is much more bullish than it was a month ago: Continue reading

As discussed when we closed our previous position in Yahoo in early May, we would look to re-enter the strongly upward trending stock on a pullback. In the last few days, YHOO has pulled back with the broader market, but is still holding its upward channel, and showing strength today. In light of this, we will be initiating the following position: Continue reading

UPDATE: This order, originally placed for Wednesday, didn’t fill, so the order conditions have been updated based on Wednesday’s trading activity.

Jarden has been in a steady uptrend all year, and is in the very strong consumer discretionary sector. After a few days of pulling back, we are ready to enter the following position in JAH should it take out Tuesday’s highs: Continue reading

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