In Warrior Mode

I sold half of my TKMR Long inside the 12631 Trading Service at the open, around $25.50, to lock in an initial 19.1% win.

I also scaled TZA for partial gains, and am riding JO UNG for winners in commodity space.

WEAT is disappointing so far for me, and I just cut a bond short I put back on at the bell yesterday for a loss.

Still, I am pleased with how I am positioned into the Russell 2000 Index continuing to lead this market lower.

As it stands, I am inclined to let the correction play out, while still stalking fresh shorts.

One idea I am considering here is SOXS, triple-short the semiconductors.

The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out) which I published for members and 12631 subscribers this past Sunday.

 In what may become a very specific part of the market which can “trade in its own world,” oblivious to the rest of the tape, the Ebola-related stocks are setting up again from a technical perspective.

Whether or not the Ebola virus spreads and becomes a calamity is, of course, nothing to root for as a human being on Earth.

Realistically, however, we (the group of people reading this note) as individuals have very little control over whether or not Ebola spreads rapidly or quickly vanishes.

The three main issues of note are…

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For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, feel free to drop below.

Speak your mind, night owls.

After precise rejection from its 20-day moving average on Tuesday, Starbucks is back on my short radar for continuation lower, seen on its daily chart, below.

And on the long side, I would keep CMG TWTR UA on watch for strength into a broad market rally.

Drop me your top tickers overnight.

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If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

In addition, please see the top of this video for details about attending our iBC Investors Conference this November.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

As I will explain after the bell on my video market recap, bonds and small caps are both at critical levels (last stand hill, if you will) headed into the fourth quarter of trading.

See you there.

https://www.youtube.com/watch?v=Rbl_LjNshD0