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.
WFM closed
Open Position Notes:
No open positions – 100% cash.
Closed Positions:
WFM pulled back at the open today with the widespread market weakness, gapping just beneath my adjusted stop to take me out of the trade for a minor 1.1% gain. This was another trade which had several opportunities to get going with a great initial setup, a secondary breakout just last week, but no momentum whatsoever. So for another trade to have struggled and still provide a gain, I’m pleased. I’ll stand aside for now as the stock has been unable to make much upside progress with market strength, and now with the market struggling I expect this stock to do the same.
