General Electric Co.: A Buy to Cover Stop is to be placed for next week and will be triggered if next Friday this stock trades above today’s closing price.
All other short positions remain open as their charts continue to show potential lower prices in their current downtrend.
Sprint Nextel Corp. has added another 8.76% to the long position taken 2 weeks ago.
Stocks currently being monitored closely with a possible uptrend confirmation next Friday June 15th:
-CHESAPEAKE ENERGY CORP
-BEST BUY CO INC
-ELDORADO GOLD CORP NEW
-WHARF HOLDINGS
Triggered positions update
| Buy | Sell | Short | Buy to Cover | Today | Gain/Loss | |||||
| US | Date | Date | Date | Date | ||||||
| Google Inc | 5/4 | $596.00 | $580.45 | 2.68% | ||||||
| Sirius XM Radio Inc | 5/4 | $2.16 | $1.86 | 16.13% | ||||||
| Cisco Systems, Inc. | 5/4 | $19.12 | $16.73 | 14.29% | ||||||
| Oil Crude (Sweet) | 5/4 | $98.49 | $84.42 | 16.67% | ||||||
| JPMorgan Chase & Co. | 5/11 | $36.96 | $33.66 | 9.80% | ||||||
| General Electric Co. | 5/11 | $19.01 | $19.22 | -1.09% | ||||||
| Avon Products, Inc. | 5/11 | $20.19 | $15.90 | 26.98% | ||||||
| Pfizer, Inc. | 5/25 | $22.13 | $22.14 | -0.05% | ||||||
| Sprint Nextel Corp. | 5/25 | $2.62 | $2.99 | 14.12% | ||||||
| Gap Inc. | 6/1 | $25.26 | $26.24 | -3.73% | ||||||
| Gilead Science Inc. | 6/1 | $48.67 | $49.64 | -1.95% | ||||||
| CANADIAN | ||||||||||
| Royal Bank of Canada | 5/4 | $54.96 | $50.31 | 9.24% | ||||||
| Neo Material Tech. | 5/25 | $10.15 | $10.37 | -2.12% | ||||||
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