Portfolio Update

This week has been to look real bad the past couple of days, but is ending on a positive note. I see hammer dojis which suggest a reversal.

CPLP had a slightly bullish day on less than average volume. The price movement had a lot of bearish action but ended up, allowing the Stochastic indicator to remain above it's signal line and the MACD to reduce it's declining slop. I think it will either totally reverse or level off at this point.

EVEP had a bearish day on much greater than average volume. The price movement had a lot of bearish action but was able to recover most of it. This, however, wasn't enough to keep the Stochastic indicator and MACD indicators from declining further below their signal lines. On the other hand, because the sell off was mostly bought back, this suggests that the bulls think the price is a good value. I think that it will either level off or start to rally up.

SLV had a bearish day on greater than average volume. The price movement, however, ended higher than it opened. This caused the Stochastic indicator to start turning back up and the MACD to slightly slow it's decline. There may be a bounce, but lately SLV has been going sideways after a bullish indicator, so I am not sure if the declines are over.

PCS, S, and ISPH all recovered some, but all of my other paper trades are deep in the red still accept my call option on JADE. All of them are in position to run up, and have plenty of time to do so. I will be patient. That is my opinion, you can take it or leave it.

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