CRUS and SINA were also June 7th trade ideas on the short side.
Here's the current stop
CRUS is down 10%. The current stop at $14.65, again the Trend Channel has held this trade very well. All Trend Channel stops are on a closing basis unless otherwise noted.
SINA has had a great move thus far- 25%. If you are Swing Trading either or any of these positions, you'll want a tighter stop, just email me for swing stops.
If you have Telechart, StockFinder or TC2000 I'm happy to share the formula with you.
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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