Wednesday, April 25, 2012

ITZ Commodity & FOMC Update

 Subscribe in a reader
Federal Reserve Chairman Ben Bernanke said on Wednesday that he is comfortable with the current stance of interest rate policy given the forecast that economic growth will remain moderate over coming quarters and then only pick up gradually. Read FOMC Statement FOMC Economic Projections
ITZ has posted several trade suggestions over the last several weeks is a recap:
Apple (AAPL) April 24 Entered a 1/4 position @ $559 ($500 Stop) TWITTER LINK

Qualcomm (QCOM) April 24 Entered 1/4 position $61.40 ($57 Stop) LINK

Silver Wheaton (SLW) April 17 ITZ is re-entering SLW with a 1/2 position @ $30 set stop @ $27 LINK

Gold ETF (GDX) April 4th half-position @ $47.50 STOP currently $44 LINK

Halliburton (HAL) April 4th half-position @ $33  LINK
*Note ITZ was stopped out of Halliburton (HAL) @ $33 after raising stop level

Freeport McMoran (FCX) April 5th half-position @ $38 with a $35 stop LINK

ProShares Ultra Crude Oil (UCO) April 5th half-position $42 with a $39 stop. LINK 
Adding to position today @ $43.50-- now @ full position average cost $42.75 LINK

click on charts to expand images

No comments: