LVS,LABU

LVS entry was 52.16  today's high 55.24
Defensive sector LABU great uptrend since Feb15

WE MAYBE TOPPING OUT SO CAREFUL OUT THERE

Probably getting into defensive sectors, will be a ticket

LVS

Nice uptrent to LVS today

SOLD IPF.TO at target and XSU.T0 UP

CANADIAN STOCKS

Hi,this year 2017, we will be concentrating on Canadian stocks.
The exchange rate with US dollar right now is high and to start a new portfolio of 25000 will take much more of Canadian dollars.We may take occasional US trade esp options.
Trading with Canadian stocks one have to watch for volume, even so 60% of traders on TSX are foreigners.
We made a first run with IFP.TO. The entry was 15.52 on Feb 8 and now the price is 17.11 our first target is 17.39 second target 19.65
We did not announce this trade, since our portfolio is still not ready,probably will start next week.
The commission is 9.95 either way.

Similar chart is XSU.TO probable target 30.69

UPDATE ON LVS and JNUG

LVS up now to 52.92 from 52.16

JNUG as mentioned resistance of ema 200 is holding in consolidation

JNUG

JNUG now 12.07 up since mentioned on this blog at 8.37.The resistance now is 200 exponential moving average.
Target is about 15. what is 127 fib projection and also there is gap to cover in this area.

LVS LONG

LVS now 52.16 have a gap to close at around 56 what is also 100% or Fibonacci projection

JNUG CSLT

JNUG profit 8.85% since mentioned on this blog as long
CSLT  profit 14.84% since mentioned on this blog as short

CLST SHORT AND MINERS LONG

CSLT SHORT from 3.65 now 3.25 so the trade is profitable
Regarding Miners looks like gold have some uplift.
The 3 charts from Jan 6 have now higher close than on the charts.
So on both trades you would have some profit.
FSM went against us but holding 50 sma on daily.
Gold trading up so maybe Miners ETFS like JNUG  will start some movement higher .
JNUG closed 8.37 .The target on it probably 15

SOME MORE MINERS TO WATCH

FSM-Fortuna Silver Mines Inc.

SHORT TO CONSIDER CSLT

CSLT broke the channel

Target aprx 1.80.
Please do your own DD.
We will start the 2017 portfolio in few days.
Feb probably will not be such a great month for longs.
According to Stock Almanac Feb is usually worst NASDAQ month in post-presidential election years, average loss 3.9%.
So watch for topping at the third week of JAN.

MINERS

We did not start our portfolio for 2017 yet, since changing our broker. However, for the traders that follow our blog, please pay attention to the miners. 
Two bars ago ,we had a signal for IAG and now its up more than 10%.
There are also signals for EXK,NG,HMY,GORO,PVG,RIC,BTG. ETF: NUGT,GDXX .
Please do your own due diligence.