Hey guys and girls! I'm taking most of the day off tomorrow so I'm just gonna throw up a quick watchlist and call it a night. I was a bit red today and I can kinda feel my week getting sloppy since SPY is at all time highs, so I'm gonna keep the profits I have and take an early weekend! My losses today were pretty basic...I have a swing in CMCM now from $23.61 and I tried to day trade it from $23.86 when it tried to break $24, but I was a little too aggressive on the size so I stopped out at $23.55 on the day trade, but I did hold the swing which made up for most of the loss. Also I took a small loss on MBLY from $47.87 to $47.71 and a flat trade on BIOS. I just couldn't really get any juice today! I did start a new swing in SPHS at $0.8398 and it closed nicely so I'm thinking that might take off tomorrow, and I plan to try BIOS again. Oh, one last trade...I sold the last of my CYRN swing from $3.15 at $3.19 since it started to look a little weak and I just wanted to avoid the day going downhill and lock in some profits. So honestly that will probably go higher but, meh, whatever. Always another opportunity around the corner and I did get a third of the position out at $3.30 anyway so that was hot!
So anyway, I lost like 100 bucks, no biggie. So far this week has been amazing as I was up huge on Monday and Tuesday, and had a small gain yesterday, but it's one of those things where you can just feel it going downhill, big gain Monday, smaller Tuesday, smaller Wed, now red today...it's a recipe for blowing all my week's gains since Friday is typically my weakest day anyway, lol...so I shall prevent it and go to the beach and do some self reflection or blog post from the beach or something! Ocean therapy always clears away all the crap/stress from trading, blogging and teaching and refreshes me! I do it once in a while and I feel a little guilty being like 15 min from the ocean and not having gone to the beach in like 6 months, lol. Alrighty, all that said, here are my basic ideas for tomorrow:
I'm still watching SPHS for that .85 break. IBIO also still looking good and creeping up over $1.00...I think over $1.10 this can really move so I'm still holding my lotto shares from $0.78 and going for a home run. I might add more if it looks good tomorrow. BIOS watching for the $5.35 break still. AVP closed at $8.99 so that could be a quick move through $9 in the morning though I wanted it much lower and just haven't really been paying attention to it so I'll probably leave it alone. Lastly I really like CCO over $11.40 but Iw ill only take it if it has a big volume spike since I just want to be in and out and not sitting here all day waiting for it, and UEC is getting pretty parabolic, so a gap up over $2.50 could be a nice short to start the day and be done by 9:45am.
So that's it! Just gonna see how the morning looks and unless everything goes perfectly I will be taking off very early ... or I may not trade at all, lol. We shall see, but don't expect any guidance or alerts from me on Twitter tomorrow since I will be disconnected from the world!
Hope everyone has a nice day :)
Chris
Submitted April 23, 2015 at 11:02PM by ghostofgbt http://ift.tt/1GouGCw
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