Daily Trader: Trade Ideas For July 22nd, 2014

Following are our trade ideas for our Daily Trader portfolio for Tuesday July 22nd, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. EMC Corp.¬†(EMC) Direction: Long Entry: 28.47 Stop: 28.16 Target: 29.61 Pattern: Gap Up /¬†Expansion Candle / Potential Resistance Break Och-Ziff…

Almanac Trader Update – July Expiration Trade

On Thursday July 17th, we staked a bearish position in our Almanac Trader portfolio based upon the tendency of market to decline around July expiration day. This year this trade did not work well. The trade usually lasts for a day or two. We will close the trades by the end of day on Monday.