Sample Tiger Trades with Some Key Stocks.
AXP AMERICAN EXPRESS COMPANY
Bank stocks trade well with Peerless.
I have circled in magenta the spots that would have been appopriate for a
Tiger trader to buy or sell. Not that buying at a rising 21-day ma works OK,
too, except on the third (or higher) test. New price highs not confirmed by
Closing Power should be sold, especially when a CP uptrend is broken.g
FB FACEBOOK INC CL A Buy $71.30 Still have shares today price is 68.29 as of 3/19/2014
Again, Tiger traders could profitably sell here simply by watching for Closing Power NCs
and subsequent trendbreaks. Look for CP downtrend-breaks following AI bulges of
insider buying to take the best and safest long positions.
Mastering General Market volatility. Stocks showing bearish CP divergences and
red
Accumulation are way too risky to buy. In fact, when they break their 65-dma and
show red Distribution and a very weak Closing Power, they usually make good short sales,
especially with a price-up-trendbreak and a head/shoulders such as GM showed early
in 2014. Consider what is happening with other automakers, too. The industry
moves
in and out of favor as a cohesibe group.
TW Tower Watson - With
stocks up 100%, be careful. Watch closely for Closing Power
non-confirmations, price reversal days followed by CLosing Power uptrend-breaks.
Professional selling should be trusted. That's what CP measures.
MMM is in the DJI-30. So Peerless Buys and Sells tend to work well with it.
Using Closing
Power trend-breaks after a Peerless Sell to close out long positions. JNJ also got
hit by the
Peerless Sell S4. It is in the DJI-30.
I
would rather buy stocks showing
massive
Accumulation that is confirmed
by
Closing Power.