Trend following is just that…follow the trend. If you are long one of the strongest suggestions I can make is trade long when above at least the 50 day exponential moving average. Watch this short video in order to enhance your trend following skills. Video Length: 6:33

T2108 closed at 63.2% so no overbought conditions to increase the drama of the U.S. jobs report for October.

Alibaba earnings are due before the open of the market Tuesday 11/4. Analysts expecting $.38 cents per share. This IPO was in the spotlight a few weeks back on the IPO debut. Since then the Lion has been sleeping. In the meantime other stocks not in the same caliber continue to show strength.

GoPro reported a 45.7% year-over-year increase in revenues to $280 million from $192.1 million garnered in the year-earlier quarter.

I deleted GoPro for the Van Meerten New High portfolio for extremely poor price momentum.

I’m a fairly conservative investor/trader so I don’t often buy IPOs until the stock has traded for several months and had a chance to shake out.