News / Uncategorized
[Platinum Watchlist] (8.9.23) 2 Stocks
[Platinum Watchlist] (8.9.23) 2 Stocks
August 22, 2023
Good morning.
Stock futures are up slightly this morning as the markets are waiting for CPI data tomorrow.
CADE price action fell with the broader market yesterday recovering over the course of the day. Support is at the 9 with resistance at 26.38. All the oscillators are still in the he green, however MACD is showing some weakness. A limit sell order will be set above around the 9-day SMA prior to tomorrows CPI report. This position is currently providing the paper trade portfolio with a $0.95 / share unrealized gain as of yesterday’s close.

TRMB price action triggered a sell limit at 54.44 yesterday as the stochastic had a negative crossover of the %D line. This was the third day of declining price action with a negative trend. This position provided the paper trade portfolio with a 0.26% gain or a small $14.00 gain. A sell alert was not sent as I was away from the market for the day as I’m on vacation.

Have a great day.
Share this article:
More in Uncategorized:
December 2024 PPI Report
Inflation Eases But Rate Cuts Remain Uncertain
Inflation Eases But Rate Cuts Remain Uncertain The Producer Price Index (PPI) showed modest growth in December 2024, rising just...
Trent Grinkmeyer
January 14, 2025
Market Stumbles as Strong Jobs Data Dampens Rate Cut Hopes
Wrong & Rich Stock Trade Ideas
Wrong & Rich Stock Trade Ideas The first trading week of 2025 served up a stark reminder that market narratives...
Trent Grinkmeyer
January 12, 2025
Agentic AI: Transforming Industries Through Autonomous Intelligence in 2024
Understanding Agentic AI
Understanding Agentic AI Agentic AI represents a revolutionary advancement in artificial intelligence, combining autonomous decision-making capabilities with sophisticated data analysis...
Trent Grinkmeyer
December 14, 2024
What is Best of Us Investors?
Building Wealth Through Knowledge and Community A Vision Rooted in Experience and Purpose Best of Us Investors is more than...
[Platinum Watchlist] (8.9.23) 2 Stocks
December 14, 2024
Breaking Barriers: Elon Musk's xAI Supercomputer Reshapes the AI Landscape
xAI Supercomputer
xAI Supercomputer In the ever-evolving world of artificial intelligence, we've just witnessed a breakthrough that many experts deemed impossible. Elon...
Trent Grinkmeyer
December 10, 2024