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.
SM triggered
Open Position Notes:
MOS showed some decent follow through today, despite the fact it finished well off its morning low. Nonetheless, I like how this one is acting, and I’ve already adjusted my initial stop. If this one can head on down to Target 1, I’ll look to make another adjustment.
SM triggered a buy early in the afternoon when it crossed $50, but the stock couldn’t make much progress beyond that level before it mirrored the S&P to slide a bit into the closing bell. I still like this setup though, and am going to stick with my existing trade parameters heading into Wednesday’s session. Today we saw volume improve again, so let’s see if this one can produce some upside follow through to go along with it.
Closed Positions:
No closed positions.
