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.
KKR closed
Open Position Notes:
No open positions – 100% cash.
Closed Positions:
KKR had been holding up quite well since triggering an entry, but the weak market last week warranted a stop adjustment and that level was hit on Friday to take me out of the trade for a minor 2% loss. Friday’s turn lower gives the daily chart the look of a lower low being established, so I’ll stay away from this one for now until it can stabilize and show a new pattern.