05/11/2015 – Masco Corp.
- May 11, 2015
- Masco Corp.
Issued: 05/11/2015
Masco, MAS:
1. In our Tues., April 22 Williams edge stock meeting it was noted that Masco was a ‘Buy’ that week upon a weekly close above $25.50.
2. Subsequently, Masco closed the week of April 20 at $26.19 (above $25.50). This prompted new ordinary long entry.
3. Partial long position exits were messaged at $26.85. Ultimately, Masco advanced to a $27.50 swing high before reversing and declining and hitting our protective sell stop at $26.43, resulting in a moderately successful trade. Will message any further entry or indication in Masco.
David Williams
Issued: 04/22/2015
Masco, MAS:
1. In yesterday’s (Tues., April 22) Williams edge stock meeting it was noted that Masco was a ‘Buy’ this week upon a weekly close above $25.50.
2. Further, it was noted that Masco could be bought immediately at current prices (then current price, $26.35) due to the highly probability of higher prices coming.
3. For those who entered Masco at/near $26.35 noted above, partial long position exit should be taken at current prices (current price $26.85).
4. A protective sell stop should be placed at $26.43. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
“
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.