August 8, 2013:
Today my Mondelez stock order was filled at 32.00. The ticker for Mondelez is MDLZ. They reported better than expected income, plus a stock buyback program and dividend increase.
It was a classic breakout on nearly double normal volume. The stock closed at 32.70.
My sell stop is at 30.24, right at the 25 DMA. But I will likely sell if it closes below 32.00 on higher than average volume. This will mean the breakout failed.
Please visit the Mondelez website to learn more about the company.
Stratasys (SSYS) announced better than expected earnings and closed at 98.26, up 12.10 or 4.04%. The stock hit a new all-time high today also.
Gold and silver had nice moves today – both up around 2%. Gold needs to close above 1,350 to turn short-term bullish.
Muni bonds are still in sell mode. I am watching them closely for a purchase.
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