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.
No changes
Open Position Notes:
FLR bounced slightly today, but finished off its best levels and volume contracted considerably from Friday’s levels. This company is set to report earnings this week on Thursday, so I’ll look to book profits intraday sometime most likely in the next two sessions. For now, I’m leaving my stop as-is, but keep an eye on the Twitter stream and/or your email inbox for a possible exit in the next day or two.
AA showed some initial strength today, but slipped a bit to finish down a few cents. This one ended up back at my trigger price, so I’m viewing this as a test of the breakout zone. I’ll be watching closely in the next couple of days to see how this one reacts, but today’s light volume on the mild pullback offers reason to stick with this trade for now. No changes to my stop as of yet.
Closed Positions:
No closed positions.
