I am long HSY with a stop at 200 and a target of 230.
I am long KBE with a stop at 46 and a target of 53.
Long Natural Gas
I decided to take a small long position in natural gas (December 2024 contract). Stop is at 3.53 with a target of 3.9.
Technically, this market has not broken out yet from the rectangle. However, the front months are looking strong, and the market looks like it wants to go higher. I consider this a low-risk high-reward trade. Natural gas can be an explosive market.
Long the Aussie Dollar
I am long with a stop at 0.6627 and a target of 0.685.
Positions Going Into Next Week
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
Total Open Profit/Loss Stocks | 0.00% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
ZC | Long | 5/3/24 | 484.75 | 482.75 | -0.41% | |
ZM | Long | 4/29/24 | 351 | 373.2 | 6.32% | |
Total Open Profit/Loss Futures | 5.91% |
Long Corn
I am long the December 2024 contract with a stop at 475 and a target of 505.
Long Soybean Meal
I am long with a stop at 344 and a target of 374.
Short the Pound
I am short with a stop at 1.256 with a target of 1.22.
Positions Going Into Next Week
I exited silver and MSI for profit.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
XLE | Long | 4/2/24 | 96.03 | 96.14 | 0.11% | |
Total Open Profit/Loss Stocks | 0.11% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
TN | Short | 4/3/24 | 112.90625 | 111.656 | 1.11% | |
Total Open Profit/Loss Futures | 1.11% |
Positions Going Into Weekend
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
MSI | Long | 3/4/24 | 335.39 | 352.3 | 5.04% | |
XLE | Long | 4/2/24 | 96.03 | 98.08 | 2.13% | |
Total Open Profit/Loss Stocks | 7.18% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
SI | Long | 4/3/24 | 26.87 | 27.61 | 2.75% | |
TN | Short | 4/3/24 | 112.90625 | 112.718 | 0.17% | |
Total Open Profit/Loss Futures | 2.92% |
Long Silver and Short Ultra 10-Year
I am long silver with a stop at 25.5 and a target of 30.
I am short the Ultra 10-Year with a stop at 113’290 and a target of 109’290.