Here is an update of today’s trades. I hope to have charts posted tonight.
I covered half my short position (200 shares) in JRCC at $37.40 (short at $44.10) for a $1340 gain (+15%). I still have a 200 share short position. My stop is moved up to entry.
I am still holding my UAUA and CAL positions.
I bought a few stocks on my weekly focus list (which was distributed last night to subscribers):
200 shares LVS at $43.14
100 shares AUXL at $70.41
100 shares of SMG at $22.46.
200 shares of CRY at $13.21.
100 shares of SSO at $58.54.
Note the very small position sizes. I am not making any big bets here, and any losses on these will be small.
I also went short POT on the early morning pullback the opening highs, buying 100 shares at $194.68. I closed out half the position at $187.40, which was near the three day low. I am still hodling 50 shares.