Trades in 60 Seconds for week of 10/27/2014


$CVLT $DUK $GLF $MACK $MJN $NKE $P $PANW $SO $SWN $UTEK

The market’s daily chop, decline and “V” have made short work of shorter time frame traders who were overexposed or didn’t size and time in their favor. Utilities ($DUK $SO) come out on top, consumer related plays ($NKE $MJN) continue to climb (We need to feed the kids and run to work) and depending on where your tech business is, you’re either riding high like $PANW or continue to break like $CVLT (which plays out in oversimplified terms as “Security” beats “backups”. Price followers doing a long/short pair trade of over the last 12 months would have felt like geniuses). $SWN and $GLF show how little esteem energy has at the moment, so much for the super-spike of 2008. $P would be appealing only to investors tone-deaf to price action.

CVLT_102714

short 45, stop 52.1

DUK_102714

long 80.3, stop 75.4

GLF_102714

short 28, stop 34.7

MACK_102714

long 9.3, stop 6.1

MNJ_102714

long 103.3, stop 91.4

NKE_102714

long 90.9, stop 83.8

P_102714

short 20, stop 24.9

PANW_102714

long 108, stop 88.1

SO_102714

long 47.4, stop 43.5

SWN_102714

stop 31.6, stop 37.1

UTEK_102714

short 17.7, stop 21.8

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