If the markets look poised to close strong this evening then I will initiate a single long swing position. I like the retail sector. Their price action today after a few days of persistent pullback has been very impressive. There are also a handful of technology stocks that also look good. Here is my focus list of stocks that I will pick my trade from: LCC, UAUA, SNDK, NFLX, CRM, HAS, SKX, and DDS.
Good luck and good trading!
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
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MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
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Since the 10th of May, I haven't been able to trade on account of my violation of the PDT rule in the speed trader account I was using a...
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BIG PICTURE: Still in an up trend. Still long biased! MY BEST IDEAS: $RKT: Recent IPO. After an initial 2 day pop, it pulled back for four...
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