Triggered by OPEC’s cut in oil production, all indexes dropped a lot. Although they were above or at support levels, the increased volume was troublesome.
EBAY hit the target @56 though the intraday high was 57.2. Left a lot of money on the table due to lack of time on watching the market closely.
Long: QQQ Oct 32 Puts, SNP (target 28 and trail 2), SUNW (trail 0.3) and MSFT SSF (target 31.5 and stop 28).
Bought SNP @ 26.42. It gapped up this morning bouncing from the spoort at 25. Target 28 and stop 25.
Yesterday, opened long positions in the mutual funds PIMCO MidCap, Loomis Sayles SmallCap Value and Templeton Foreign.
Stopped out at 35.72. Long SUNW stop 3.5. Will buy EBAY SSF at market at open tomorrow morning.
Short candidates: HAL, GSF, MSFT?, AMZN, DDR, TYC, …
NT broke out from its base and moved up in a hugh way! It’s right at the resistence near 4 and next one at 5. Since the rise is so sharp, locking in the profit now should be priority.
NT broke out from its base and moved up in a hugh way! It’s right at the resistence near 4 and next one at 5. Since the rise is so sharp, locking in the profit now should be priority.