I am wondering if it might be time to buy some SDS to hedge my long positions.  Any ideas?

For those of us in MNKD, it reports August 6th.

Matt.....appreciate the review of NEM.  If I can get the right price, I am going to start ending into a swing position.  Thanks

I am watching MCP as it is really up in after hours.  Thoughts?

Respectfully, I have been with them for years and they have made a big difference in my education, trading, and investing.  Yes, there are lots of trade ideas, but they change over time as opportunities and risks in the markets change.  One of the biggest lessons I have learned is to define the kind of trader or investor I am (which is fundamentally is a swing investor).....so I am patient.  If by chance, my swing trade watch list syncs with the BPT watch list, which for now is not including swing trades due to the market risks, then I may pounce, more like a short term trader. 

So developing the capacity to analyze, change, monitor the macro  economics have helped me to do a much better job.  The BPT gentlemen are superior technical analysts and educators.  If they wanted to start their own hedge fund or or start trading for others, their focus may be more in line with what you are looking for based on your needs.  Personally, they are meeting my needs.  Keep up the good work guys!

Take care Matt.  I wish you well.

Too late to get in?  Appreciate anyone's thoughts....

went ahead and pulled the rip cord at the close at 157.87.  I watched the high get to close to the second scale out and set up a buy limit order which meant that I adjusted the 60% remaining in a stop....of course...the little "flash crash" stopped me out of my 60%.  Urgggggg.....  Market is too flaky for my tastes, so I held the second scale out until the close today and bailed.  That said, Matt, I really like this scale out concept.  For me as a swing trader, it lowers my risk.  At the end of the day I make 1.4% profit on this trade of 3 days.  I will take it.  Thanks.

got it!

Got the 1st scale out; can set a sell stop on the 2nd scale out but  not sure how to set a stop on the 8 day SMA.  Thanks.

Thanks....I appreciate all you and Steve do.

Hi....missed the scale out, have it set up to see if the SPY come back. have a 2% trailing stop.  Are you doing something different with a stop?

Matt....just to let you know that I am in the trade.

Matt, Steve.....am I seeing the back test you talked about today or should I wait for a confirmation tomorrow before getting in?  Thanks

Is there something wrong with the audio on PG?  Thanks