Paul J Singh

, ,

Today’s Trade: BLUD and BIDU

Published by

Paul J Singh

on

My first post-earnings play of the season is BLUD. Immucor surpassed expectations Thursday and is now consolidating it’s big high volume spike. OBV looks good and there’s a nice volume pattern forming.

I bought 400 shares at $38.25.

Update: I bought 40 shares of BIDU at $321.23. Pullback is a bit harsh, but I’m guessing it’s an overreaction to JP Morgan comments. My stop is at $310, making this a low risk speculative play.

3 responses to “Today’s Trade: BLUD and BIDU”

  1. Anonymous Avatar
    Anonymous

    Aren’t you worried that there might be a deep correction? I mean, the market has been going up every single day before this. This isn’t normal…

    Like

    Reply
  2. The Market Speculator Avatar
    The Market Speculator

    Of course I’m keeping an eye on that scenario, but I’m not ready to trade scared. I am playing this rally and keeping my stops tight in case we do get the inevitable correction.

    Like

    Reply
  3. Anonymous Avatar
    Anonymous

    I’m in on BLUD with you. I like the set-up. -TVH

    Like

    Reply

Leave a reply to Anonymous Cancel reply

Previous Post
Next Post