Petróleo sob pressão após ataque dos EUA ao Irão

[Figas]

TradingMarkets.com
How To Stay With A Winning Stock
Friday July 11, 7:11 pm ET
By Dave Landry


RECENTLY I DISCUSSED MONEY MANAGEMENT techniques that could be used on Healthnet (NYSEHNTNews), a stock mentioned on 06/23/03 (see archives).
To review, I talked about how partial profits (half) could have been taken (a) and the stop could have been raised to breakeven (b)--the same as the entry. This way, barring overnight gaps, you essentially have a "free" position with the potential of it becoming a homerun.

Further, I was discussing how that remainder could be managed through trailing stops below support (c) and on a point basis (d). Since the stock continues to move in our favor, the stop should be trailed higher. In this case, we will continue to use a 2-point trailing stop (e). As mentioned recently, if the stock continues higher, a somewhat looser stop could be use to (hopefully) capture a longer-term move.

Should this occur, I'll continue to keep you posted. Feel free to email if you have any questions regarding money management and position management.

Looking to the indices, on Friday, the Nasdaq opened firmer and rallied in early trading. It found its high by mid-day and began to chop sideways. It then sold off in afternoon trading but managed to rally going into the close. This action has it closing well and keeps it above it recent breakout levels.

The S&P put in a similar performance. It remains below the top of its trading range/multiple tops.







Looking to the sectors, Friday's turnaround in tech seemed to make all the difference in the world. This action sets ups sectors such as Internet, semis and computer hardware as either pullbacks or high-level cup and handles. The overall rally also helped to keep sectors such as retail above their recent breakout levels.

On the downside, the homebuilders finished lower but off of their worst levels. So far, it still looks like a top may be in place here. Utilities finished lower and appear to be rolling over.

SO WHAT DO WE DO? I'm encouraged by the fact that the Nasdaq reversed and is now set up as a first pullback since its breakout. This action, as mentioned above, sets us many tech sectors. On the other hand, I am concerned that the S&P remains in a trading range and below multiple tops. Further, the VIX is hovering near its lowest level in over a year (but so far, isn't stretched away from its 10-day moving average). Therefore, in light of such mixed signals, you might look for opportunities in the aforementioned tech areas but keep it light until the S&P can show signs of breaking out.

Looking to potential setups, USA Interactive (NasdaqNMUSAINews), mentioned Thursday night, still looks like it has the potential to rally out of its first pullback since breaking out of a high-level consolidation.



Best of luck with your trading on Monday!

Dave Landry

P.S. Reminder: Protective stops on every trade!