We sold off shares of our $bpz swingtrade today for 3.5% overnight. We sold into the pop at 3.27. Here is a look at the chart. Low risk trade as we bought the stock near support and sold into the breakout. We also added a new overnight trade today at the close. We bought $thld …
Threshold pharmaceuticals has certainly tested the threshold of my pain levels recently. 🙂 However in the midst of losing money on this short today, I actually learned alot about shorting momentum stocks from my mistakes. So for all you daytraders out there, here is a tip for shorting intraday runners. The number one rule about trading any stock is to wait and make sure you …
Morning folks futures looking flat today. Uso gapping up .6%. Gld up .46% so far. Remember the markets are trading inversely to oil at times so if we see a spike in oil it makes it hard to add non oil related breakouts as the sell pressure is to strong. we dont have much in …
Here is Mondays stock watchlist. Lot of good breakout stocks and swing trades on the list. Remember to go through last weeks watchlist and add the stocks that are still setting up to this list. You need to constantly prune your watchlists. Update them constantly. Then set alerts for each single one. I like to …