Picks that were triggered:
CRDC - "Nothing but a so-called 'dead cat bounce' here14%
GROW - "Simple little green to red type play...be ready with shares to scalp this sucker." - Gain fo almost 4% today on the trade.
ATSG - "The play is to find a quick green to red shorting opportunity over the next few days." - First off, I apologize for mixing up the letters on this ticker. However, it did go for a quick 3%.
NEPH - "Super penny stock that has really been on the rise quickly...short it now and wait around for the profits to roll in." - Gain of around 10% so far.
Picks that were not triggered:
CTIC - I didn't really have a play on for this one...just wanted to state what was going on in those call options. Highway robbery is what it was.
Today was nothing more than really a consolidation day for the Dow and other major indices. Most of the others like the S&P have broken their 200-day MA, but the Dow is still struggling. We shall see tomorrow what happens with that. I'm thinking/hoping we get a move back to the prior resistance line at 8,600 soon. That would set us up to move much higher over the longer-term. The dollar continues to get smacked around, but I think we could be in for a reversal sometime soon. We'll just have to wait and see.
Here's a few picks for tomorrow to watch closely:
URRE, CCO, & HEB - What do all of these plays have in common?? They are good-looking breakouts. The prices are 1.60, 5.50, and 2.00, respectively. If the stock is moving higher again first thing tomorrow morning and the volume is there with it, I'd look to buy some shares for the ride.
AGEN, SYMX, & TOPS - Here's three stocks that have already broken out and have extended themselves too far in my mind. These are the typical green to red kind of shorts. Reserve shares and when you see the negativity, don't be afraid to pull the trigger and short, short, short.
It's a rather short post tonite, so I'll include a cartoon for these current stock market times:
MK
5 comments:
Cartoon doesn't show for some reason, could just be my PC.
Hi MK.
Do you actually trade full time for a living ?
Why don´t you have a chat room ?
Cheers Scott
Nope. Cartoon didn´t show here either... ! ?
eh, cartoon isn't that important. just and old western saloon setting with a bull coming through the doors while inside bears are occupying the place by playing cards, etc. i thought it was fitting for yesterday, but today it seems like all of the those bears told the bull to get the heck out!
ha ha.
MK
Why does the MkLiveChat not work on the right hand side ?
Cheers. Scott
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