Another consolidation day in the markets. We are hitting resistance and remain overbought in the indexes. we have to be a little more cautious on the long side because of this. There wasn’t a whole lot to trade today but we still ended with $455 in gains.
We dont put huge capital at risk. Kunal keeps 40k in his ameritrade account and keeps 15k in his prop account through our bulls silver. Our goal at bulls is to help people with smaller accounts make consistent profits week in and week out. As you can see we keep our losses small and minimize our risk by making sure we take a manageable position size on each trade. Small gains add up to big weeks! We try to trade small but trade aggressively and add those gains up, resulting in huge weeks and months. Here is a look at the trades from today as well as a few stocks that I am watching for tomorrow:
Email me firstname.lastname@example.org if you are interested in trying out the bulls room.
Notable after hours earnings reports: $vmw $aapl $jnpr $nsc $ea
ONVO- has momentum. watching this flag for more upside
BCRX- parabolic short watch
NEON- flagging with momentum
ESI- breakout watch
ITMN- bull flag
DANG- has momentum. watching for breakout