I finally pulled the trigger on two trades this afternoon. The first being in Check Point Software Technologies (CHKP) at $54.19 and the second one being in Constellation Brands (STZ), which was also listed as my daily long setup this morning. I’ll likely be dumping off a few other non-performing positions by the end of
Here are the mark ups on the trades I took this afternoon. Both stocks are valid trades to take tomorrow morning, assuming we continue the bullishness from the past two days. LONG: Hewlett-Packard (HPQ)
Some activity on my end this morning, buying Pepsico (PEP) at $69.92 (I was actually wanting to get in at $70, but used a limit order instead of a stop – ugh!), and then followed up that buy with another one in Amphenol Corp (APH). I’m still a pretty big fan of tech right now,
Here’s my other long position that I took today – UnitedHealth Group (UNH), where I took a long position at $50.21 (as I said talked about doing in my previous post). Here’s the chart on UNH.
Two new trades this morning with the possibility of another two should Hatteras Financial (HTS) trigger at $28.69 and United Healthcare (UNH) at $50.21. The two that I got in this morning are doing well so far, despite little movement out of the broader markets at this point. The first one is Jabil Circuit
So far the market is rebounding well today, and will look to lighten up some of my positions as well, particularly in SSO where I have a huge chunk of my capital in (40%). I’ll probably sell 3/4 of that position today and take the nice profits in hand. Also, the Silver (SLV) play
Market is weak today, which if you read my trading plan this morning, comes at a bit of a surprise, because I was leaning toward seeing a bounce today – and who knows maybe we will. But for now, the mission of the bulls, has to be to plug the hole in the dam and
Here’s another trade that I just made in CVS Caremark (CVS) on top of the Apple (AAPL) trade that I made this morning at $348.73. CVS is positioning itself for a great breakout, assuming the the market cooperates in the coming days. If so, the stock could make a push for $38-39 without much
The selling that we have seen in this market so far is not at all worrisome, in fact it is more welcomed then anything, allowing for stocks to get a breather and provide an opportunity to get in stocks a little cheaper than previously. My one and only trade so far this morning, Apple
One more long position for today, and this will likely do it for me in terms of new positions. But the double bottom in Applied Materials (AMAT), coupled with a clean breakout opportunity, sucked me right into this trade here. The technology sector continues to perform well, and that is another “plus” going