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.
FE removed (pattern negated)
Open Position Notes:
FDX exhibited some nice strength today, adding 2% while the overall market was only up fractionally. This one does seem to have stabilized since the last pullback, so I’m now going to be watching for follow through. I may look to adjust my stop in the next couple of days, particularly if some upside traction is found, but for tonight I’m leaving it alone.
WFMI turned slightly lower today again, and although the net change wasn’t significant, I did like the fact that this one remains weak relative to the overall market. The unfilled gap from August is still my target for this one, so I’m staying patient while waiting for that move to develop.
Closed Positions:
No closed positions.
