Portfolio Update

CPLP had a bullish day on less than average volume. The price movement was positive at the open and slightly more-so at the close. This added momentum behind the Stochastic and MACD indicators, reinforcing their upward direction. I am bullish this stock.

EVEP had a bearish day on less than average volume, after opening up bullish. The price movement didn't wipe out all of yesterday's gains so the Stochastic and MACD indicators only lost a little of their momentum. I am sceptical about this stock. Today may only be a hiccup.

SLV had a bullish day on less than average volume. The price movement was small and the high of the day was under the high of yesterday. But none of this seems to have been bad enough to alter the direction of the Stochastic and MACD indicators. This may be a stall out or just a stutter step.

My paper trades were more green today again, but with a couple changes. Today, JADE was down while ISPH was up. JADE's change in direction seems to be a technical reaction as it approaches a declining resistance line. Fundamentally the stock is still good. ISPH had a good day, but it is now at a level that has seen a number of pull backs in the past year. I think it might repeat but there seems to be a lot of momentum behind it. I think I will watch for another day. That is my opinion, you can take it or leave it.

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