Portfolio Update

CPLP had a bullish day on below average volume. The price movement was very broad but still being bullish enough to prevent the Stochastic indicator from going below its signal line. It was also strong enough to slow the decline of the MACD indicator. Things are looking better.

EVEP had a bullish day on below average volume. The price movement was a little broad but closed just slightly below the open. As a result, both the Stochastic and MACD indicators slowed down their declines. This still needs to be watched.

SLV had a bearish day on below average volume. The price movement was relatively narrow. With the ETF being so depressed lately, the Stochastic still made a move up, but it is deep in the oversold range. The MACD indicator reacted to the price movement by slowing its decline. It is at another point that could see a big turn around.

My paper trades were a mixed bag as well. JADE, JPM, OPWV and PCS all had bearish days. The JADE call option is still the same, the JPM call option slipped down with the stock, and the PCS option actually gained a little. The remaining stocks, S and ISPH closed with gains. All of them should be turning up soon, but their behaviors are giving me mixed opinions. I have the least amount of confidence in OPWV. That is my opinion, you can take it or leave it.

Disclaimer: See bottom of page. http://investorsopinion.blogspot.com