Position Updates & Gauges for Trading on 6/3/2014

Mish Schneider | June 2, 2014

Existing Position: Long PLD 41.31 ATR .56

Sell Stop: 40.27

Current Price: 41.52

Name of Instrument: ProLogis Inc

Reason For Trade: Nearly 3 months of consolidation, clearing the 50 DMA, over the 80 month moving average, has potential to 43.00 and above

First Target: 42.98 for 1/3

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Existing Position: THC: Long 45.35 ATR 1.38

Name of Instrument: Tenet Healthcare

***Breakeven Stop: 45.35

Current Price: 46.73

Reason For Trade: 2014 pick. Held the 65 weekly and 23 monthly moving average. Corrected to the 200 DMA and held-long term potential over 50.00 great.

Lowered****First Target: 48.69 for 1/2

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