Portfolio Update

CPLP had a bearish day on less than average volume. The price movement was wide causing the Stochastic indicator to stop moving up and the MACD indicator to move back down. With mixed signals I can only believe that the stock will go sideways.

EVEP had a bullish day on greater than average volume. The price movement was narrow and since the stock had such large downward moves in the past few trading days, the Stochastic and MACD indicators have barely budged from their downward slope. I am thinking sideways movement for a while.

SLV had a bearish day on less than average volume. The price movement was narrow so the already oversold Stochastic and MACD indicators are averaging sideways movement. I don't think it will stay down this low for much longer.

As for my paper trades, it was a mixed bag as half were up and the other half were down. JADE, JPM, and ISPH were up and looks like there is promise of more upside gains to come. My call option for JPM also gained. The one for JADE is waiting for some stronger movement in the underlying stock. S and PCS had bearish days, but S also gaped down first. Both of their price movement have already started to affect their Stochastic and MACD indicators. I am not feeling very confident in either of them. That is my opinion, you can take it or leave it.

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