XING was updated Jan 21, it didn't lose much ground since then and remained in what looked to be a consolidation, today it's on the move up 7+%. We'll have to keep an eye on volume and see if it'll hold and if it will produce follow through buying or better yet, a next leg up.
EEE was discussed Jan 23 as a good trending trade candidate, it remained in good position since then with no significant draw down and had you bought it at the next opportunity, you'd be up about 45% right now.
LNG was discussed early on Monday morning and had you bought it then, you'd be up about 13% this week.
IBCP was discussed the afternoon of January 25th, if you bought at the close, you'd have a 7% gain. It saw about 6% draw down from the 25th, but never broke the support of the consolidation.
And what makes me most happy is the email I just got from one of our long-term members who is in all 4 trades! He's also been a frequent contributor to content regarding the mortgage industry for us with some fantastic insights. Way to go J!
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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