Here are a couple of articles from TradingMarkets.com which are worth reading:
- Want To Start Trading? Get Adequately Capitalized First
- After The Setup: How To Enter, Place Stops, Trail Stops and Take Profits
Currently holding:
Long – CRM, MACR, PLMO, RSAS, WBSN
Short – none
Looking for swing trade entries in:
Longs – GME, KMX, PETM, SWFT
Shorts – ADRX, BDY, GIVN
Potential day trades:
(From Briefing.com)
Gapping Down
GOAM -23% (momentum traders not impressed by 56% decline in revs), TMTA -10% (prices offering well below current price), A -8.5% (multiple downgrades after disappointing qtr/guidance), MATK -7.5% (adverse court ruling), EXPD -5.3% (broker reduces estimates following 8-K release), LVLT -5% (plans convertible offering), FLSH -4.8% (broker comments on inventory accounting policies), CVTX -4.4% (First Albany downgrade), KSS -2.8% (multiple downgrades post-earnings), TASR -1.5% (news story shakes out another round of weak hands).
Gapping Up
GLGS +50% (favorable ruling in the arbitration proceedings), CDSS +10.5% (Kaufman initiation), KONG +9.9% (results co in above preannounced level), DAL +8.9% (pilots take big pay cut), PIXR +6.5% (solid qtr, raises guidance), SEMI +6.4% (strong yr/yr results for micro-cap stock), DELL +4.8% (upgraded post-earnings), HLYW +4% (Bear Stearns upgrade), SIRI +3.6% (CIBC starts with $6.50 tgt), AMD +3.1% (Dell considering AMD chips for servers), PSPT +2.1% (recent IPO gets another initiation), MU +2% (DELL takes chip stocks higher), MSFT +1% (trades up ahead of dividend)
