Today was a pretty boring day. Nothing really happened in the markets even with the FOMC. SPY closed a few pennies above it’s close from yesterday. The DOW finished pennies below while the NASDAQ had a rather strong bullish day. I am still bullish on the markets. It’s not really worth posting charts today, so I will get into the next segment:
REVIEW OF YESTERDAY’S PICKS:
$BTU: No Trigger.
$COST: You’d have been triggered in. Not much action.
$DECK: No Trigger
$QCOM: No Trigger
$CELG: You would have been triggered in; up a few pennies.
$XONE: You would have been triggered in, but as pointed out, there are no options for this stock, unfortunately.
$DMND: You would have been triggered in; down a few pennies.
REAL ACCOUNT ACTIVITY:
$UA: HOLDING (+2%) I still expect a bullish move north.
$LNKD: HOLDING (-8%) I’m not sure what to think here, but it seems, at least on the daily chart, that we found a bottom. I expect we go back to retest 195.
$DMND: OPENED (-14%) A lot of this loss is due to commission and the bid/ask spread. I expect to rebound in the coming days.
$AXP: CLOSED (+17%) I am grateful I was able to get out before the plunge down today. Wish I had shorted, but such is life.
That’s about it for my open positions. Picks for tomorrow coming soon.