I entered NFLX and ADM today.NFLX has pulled back to the 20 day ma, oversold, and is trending nicely. Could be a pivot level, though the risk is pullback continues to the 50 day ma.
Today’s Entries: NFLX and ADM
Monday’s Gameplan and a Look at Some Energy Plays
Not much has changed for me heading into this week. I still plan to short strength and cover weakness. Much of the market is looking oversold, so I won't initiate anymore shorts until I see a decent sized bounce.I am interested in watching for longs in energy, especially oil drillers and refiners. I still have... Continue Reading →
Today’s Trades, Watchlist
I sold all 600 shares of QID at $50.61 (entry at $49.85) for a $456 gain (+1.5%). I exited before hitting my target price. I'm worried that the recent strength in semis could lead to an upward breakout in the Nasdaq.I bought 100 shares of GS at $214.45. It can be nerve racking buying hard... Continue Reading →
