Technical Analysis on Father’s Day

//Technical Analysis on Father’s Day

Welcome to Hawk’s Scan Sentry Report. This  is Sunday night with stock recommendations for the week beginning June 20.

It’s Father’s day, and I would like to take a few minutes to honor my father, Jan Arps. My dad has been studying and trading the markets for over 60 years now. He began many decades ago at his father’s side helping to draw charts by hand and calculating moving averages with his slide rule. His love for the markets and for technical analysis has stayed with him his entire life and I consider myself fortunate to be able to work with him and profit from his knowledge and experience. Throughout his career he has developed many well known technical analysis indicators and garnered much respect for them from his peers. He has not only earned myriad awards for his efforts, but his tools have been built into many of today’s trading applications including the Bloomberg platform.

But it is not ‘Indicator Day’, it’s Father’s Day. I am lucky,  my dad has been patient and encouraging  toward me my entire life; and year after year he has been generous in passing on his trove of knowledge regarding technical analysis and indicator development. I’m sending out my thanks to you, Dad, for all your efforts toward helping me get this far in this world…

So, dear reader, whatever your relationship is with your father, or with your children, I offer my best wishes for good relationships within your family, and good health for you and your loved ones. Do not let the markets keep you too far away from them. Prioritize what is important; and, hopefully, we can leave something good for the generations following us.

And now for the stock recommendations….

Longs              Shorts

AGN                MON

CALP              SYNA

ELS                 CF

May the trend be with you,

Hawk

 AGN

 

 CALP

 MON

 

 CF

Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor .

2018-01-08T08:53:37+00:00June 20th, 2011|Hawk's Picks|