Sold TEX (Terex Corp.) @$35.53 for a loss of about 15.4% in 8 months. On Jan 4 I said I would sell if it approached $35. I think it is probably OK as a value play but I bought it on earnings estimate increases and a earnings beat. It no longer meets these conditions.
Sold XLF (Financials etf) @$25.43. for a loss of 4.9% in a week. The trade went through yesterday Mar. 26. This turned out to be a complete bust but my trading rule was to sell when the 5-day SMA dropped below the 200-day SMA. That condition occurred on Monday.
sold DKS (Dick's Sporting Goods) @38.60 for a gain of 4.3% in 5 months. I bought shares because of earnings beat and rising estimates and while they beat this quarter the estimates are in decline. They didn't offer very good guidance either.
Sold ARCB (ArcBest Corp) @31.36 for a loss of 17.9% in one year. For some reason this was not below Friday's close. Sold DAL (Delta Airlines) @58.48 for a gain of 8.3% in thirteen months. This was down over 2% when I sold.
I didn't want to hold either one of these through a potential Middle East crisis. A conflict between Saudi Arabia and Iran would be very bad.
I do not like using stops but because I think the indexes are either nearing a correction or a breakout through resistance I decided to put a stop loss on EXTR(6.92) and CELG(99). These are just below last weeks lows. If the market corrects I will still get some of the gain but if there is a breakout I think it is unlikely these stops will be hit.