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.
GS stopped, SLG removed
Open Position Notes:
No open positions – waiting for entries to trigger.
Closed Positions:
GS cleared short-term resistance last week, but couldn’t hold it after a hard selloff Thursday and then today. The stock ultimately headed down to mark a multi-day low, stopping me out for a 3.5% loss. I stayed patient with this one and the setup was favorable for continued strength, but the overall market conditions simply prevented this one from gaining any traction. Even today when the market lifted late, this one struggled to participate at all, so I’ll leave it alone until it sets up again.
