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 again today on light volume, moving higher alongside the overall market. This company is set to report earnings Thursday after the bell (according to Yahoo! Finance), which gives me 2 sessions to exit ahead of the news. If I can get a favorable move on Wednesday, I’ll look to send out an alert via email & Twitter and make an exit then. If the stock happens to stagnate tomorrow, I will devise an exit plan for Thursday’s session. For now, I’m just slightly underwater on the trade, but looking for a pullback after this light-volume bounce.
AA moved higher today, but volume was light and Monday’s high was not cleared. That marked an inside day with today’s bar on the chart, but this stock is acting well and I’m glad to see Monday’s pullback met with buying today. If this one can show some follow through tomorrow, I may look to make an adjustment to my stop. For now, I’m leaving my stop as-is heading into Wednesday’s session.
Closed Positions:
No closed positions.
