Short 5-Year

The 5-year looks to be set for a head and shoulder failure. I usually wait until the right shoulder is broken but I am willing to take a preemptive position. Stop is at 109’235 with a 105 target.

Long the Peso

I am long the Mexican Peso with a stop at 0.05062 and a target of 0.056. I typically do not trade weekly patterns that are so long in duration but I am impressed how strong the Peso has been in face of a rising US dollar.

Position Update

I had my stops moved to a breakeven point this morning on gas based on price action. The afternoon rally knocked me out.

I also got stopped out of silver for a small loss.

Positions Going Into Weekend

My stops for silver have been jammed to yesterday’s low (20.975).

STOCKS
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
AEM Long 11/11/22 47.5 47.73 0.5%
Total Open Profit/Loss Stocks 0.5%
FUTURES
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
RB Short 11/18/22 2.35 2.3528 -0.1%
SI Long 11/8/22 21.55 21.16 -1.8%
Total Open Profit/Loss Futures -1.9%

Positions Going Into Weekend

STOCKS
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
AEM Long 11/11/22 47.5 48.8 2.7%
Total Open Profit/Loss Stocks 2.7%
FUTURES
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
SI Long 11/8/22 21.55 21.895 1.6%
Total Open Profit/Loss Futures 1.6%