Posted on Jan 25 2017 - 2:58pm by Sharpe Trade

Please.  Take all of that meaningless nonsense about the “DOW hitting 20,000” and stick it in a muddy 6′ foot grave.  Bury it already. Who cares?  With the exception of financial media outlet sources, does anyone even use the DOW any longer?  You should have been sticking with a bullish stance on stocks in your various processes and strategies three months ago.  Not waiting until one particular index hits a ‘magic fairy-tale’ number.

However, as stocks have decided to rally higher than a hippy in a hot air balloon … we exited our AMPH short position this morning for a realized profit of nearly ~1% for that section of our book.  We still have the other positions mentioned in my StockTwits stream.  Including, a new trade with an entrance uglier than a lard bucket full of armpits.  But for that particular trade (consisting of a few different pieces), I’ll stick with the process.

And it’s no secret that Sharpe Trade, LLC has a process that has been bullish on MDT, IBM, CL, UNP, MST and WFC.  That process alone is just rocketing our book higher and higher … 

How are we finding these trades?
Check out Sharpe Trade’s Short-Term Trading Course !!

1 Comment so far. Feel free to join this conversation.

  1. mappy January 26, 2017 at 11:38 am - Reply

    Happy DOW 20,100!!!! I never thought I’d see the day.

Leave A Response