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:
FDX made a run at the $88 area this morning, getting to within 1% of my 2nd Target before some profit-taking kicked in. My raised stop from last night was able to hold, so I’m staying with it tonight in order to book the gain in case the pullback happens to continue. This has been a sluggish mover and has required patience, but it has worked so let’s see how it ends.
WFMI rolled over nicely this afternoon to post a loss, and it could be that this was the jumpstart it needed to make another move lower toward the August gap. I still like the setup here, and will stick with my previously adjusted stop heading into tomorrow.
Closed Positions:
No closed positions.
