trend trading stock, stock trading

[Weekend Summary] Dear Member: It hardly seems possible, but I'm coming up on two months for the Trend Trader. I've closed 11 trades in that time; 9 have been winners. This past week, I had 2 winners and a loser. The winners, C H Robinson Worldwide (CHRW) (+$2.09 in 3 days) and Range Resources (RRC)(+$0.81 in one day) far outweighed the $1.43 loss on Autodesk (ADSK). I exited CHRW because it has at least paused at a resistance and I am just as happy to be out of it for the weekend. There may well be a reentry on CHRW next week and RRC has also moved in a fashion that could bring me back pretty soon. As you know, I bought the Nuveen Senior Income Fund (NSL) primarily for its' relatively high income yield, but the NSL is up 1.6% since my entry as well. I bought some Robert Half International (RHI) this afternoon as it stayed above some recent resistance and was up on pretty strong volume. The stock has been "stair-stepping" up and looks like it may be ready to put another "riser" in place. In any event, my exit is not far away if I am wrong on the direction. The Dow 30, SP-500 and Nasdaq all had strong days on volume that was decent if not great. Things look bullish at the moment and that is great for trading uptrends. Thank you for your subscription and the kind emails. I hope you have a wonderful weekend. Bill
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