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.
JOE stopped
Open Position Notes:
PLD turned higher today to get back into the green from my entry. The volume today was far from impressive, but I continue to like this setup and therefore am staying with it for now. Earnings are due out Thursday morning before the bell, so I’ll be out of this trade prior to then. Keep an eye on my Twitter stream or your inbox for a possible alert, as I will move to take profits intraday if I get a decent pop in the next two days.
Closed Positions:
JOE triggered my stop today to take me out for a 2.9% loss as it pushed north of the $20.80 level, marking a multi-day high in the process. This stock remains technically weak, but seems to be hesitating to head lower for now in the midst of a strong overall market. I’ll leave this one on my radar in case it begins to weaken further and sets up for another play on the short side.