The Hit List is a look at our current swing trading positions. Stocks we are already in have “triggered”, while those we are considering for plays have not triggered. Click post title to view print-friendly link.
BIG stopped
Open Position Notes:
No open positions (100% cash).
Closed Positions:
BIG hit Target 1 yesterday and bounced, and with the market looking poised for a possible rebound, I tightened my stop aggressively last night for remaining shares. Today that stop was hit as the stock rallied this morning along with the market, taking me out for a solid net gain on the trade of 3.5% in just a couple days. Staying nimble is key in the current environment, as the moves have been very reversal-prone. So I’m out for now and will await new patterns before looking for another entry.