Position Updates & Gauges for Trading on 3/28/2014

Mish Schneider | March 27, 2014

***NOTES
YUM: out with trailing stop 73.47

Out of EEM 40.41 stop

WFC raise trailing stop 48.24 to sell balance

CORN sold ½ of existing balance 34.24-Raised trailing stop

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New Position: USO: Long Filled 36.13 ATR: .47

Name of Instrument: United States Oil Fund

Current Price: 36.53

Sell Stop: 35.19

First Target: 37.24 for 1/3

Reason For Trade: After our initial profitable position, it is setting up again with a move over the 200 DMA for a phase change to accumulation. Plus, it held key weekly and monthly moving averages.

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Existing Position: SODA: Long 39.10 ATR 2.00

Current Price: 42.63

Name of Instrument: SodaStream International

****Raised Trailing Stop: 39.47

First Target 44.00 for 1/3 (Make it a market if touched order)

Reason For Trade: After taking a beating on a political situation in the Middle East, it had a good bottoming pattern. Furthermore, news today on a possible arrangement with Sunny Delight could get this going.

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***OUT: Existing Position: Long YUM: 72.89 1/3 filled 73.47

Current Price: 72.99

Trailing Stop: 73.47 on balance-HIT

Name of Instrument: Yum Brands

Sold 1/3 74.67

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*** OUT Existing Position: EEM: Short 39.42 Covered ½ 39.39 ½ position covered 40.41

Current Price: 40.41

Buy Stop To Cover: 40.41

Name of Instrument: Emerging Market ETF

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Existing Position: WFC: Long 45.76 1/3 position left

Sold ½ 45.83

Current Price: 49.09

***Raised Trailing stop: 48.24

Name of Instrument: Wells Fargo

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Existing Position: CORN: Long 30.67 Position Size left 17%

Name of Instrument: Teucrium Corn Fund

Current Price: 33.97

****Raised: Trailing Stop: 32.79

****REACHED! Next Profit Target: 34.27 sold ½ remaining position-no more targets-just raising trailing stops

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