Stock Picks & Trades

I blew out of the Peso trade for a small loss.

My stops for AEM and KC wheat have been moved to a break even mark.

KC wheat completed a descending triangle. I am short with a stop at 920 and a target of 805.

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.

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.

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%

Gas completed a head and shoulder failure today.
Update: I am short at 2.35 with my stops placed 2.4 and a target of 1.9.

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%

I took a small long position in AEM. Stop is at 45 with a target of 55.

I rarely trade symmetrical triangles let only reverse symmetrical triangles. I was tempted to take this trade because of the strong breakout but did not pull the trigger.