Market Analysis for Trading on 8/20/19

Mish Schneider | August 19, 2019

Today’s commentary is by Geoff Bysshe, MarketGauge President, who’s filling in for Mish until August 24th. New Existing Positions: Semiconductor ETF SMH (ATR: 3.38) Long: 112.07 Stop: 106.87 (this may get moved up, but should have been used for position sizing) Target 1 (move stop to no loss): 115.75 Target 2 (sell ½) 119.75 Silver SLV (ATR: .16) Long at 14.55 or 14.71 No loss Stop: 14.55-14.71 First targets: Depends on entry at risk-16.70 ballpark

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