CNR Stock remains under pressure as it struggles to hold onto a major support line today.
Obviously my remaining short shares of the XIU are going to work out well today. The markets are definitely coming unglued here with the Dow down 226 points and the TSX down 114 points.
This also is creating some excellent trade opportunities and one of those is in CNR Stock.
Milking The Cows Strategy
Investing in stocks, especially big cap stocks, is all about strategy. I take advantage of weakness and strengths to pick my entry points to build positions. I then use the “Milking The Cows” strategy which basically means ….. the rest of this article is for FullyInformed members.
CNR Stock (CNR) – Milking The Cows Strategy
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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