Today's Trading Plan: Tight Trading Range Persists

I plan to close a number of positions out this week ahead of their earnings report. I will consider hedging the portfolio as well with a short position.

Technical Outlook:

My Trades:

  • Sold AKAM yesterday at $57.93 for a 0.6% profit. 
  • Did not add any new positions to the portfolio yesterday.  
  • May add 1-2 new swing-trades to the portfolio today. 
  • Will be closing a number of positions out this week ahead of their earnings report. 
  • Will consider hedging the portfolio as well with a short position. 
  • Currently 50% Long / 50% Cash
  • Join me each day for all my real-time trades and alerts in the SharePlanner Splash Zone

Chart for SPX:

SP 500 Market Analysis 7-26-16

STOCKS IN THIS ARTICLE

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