DSGX and NOVN had good moves. However, we watched NOVN and the way the stock traded prevented us from alerting it. We had some good longs today on our full list including VIGN, MCK, AMTD, AVNX, and CBST. SQNM alerted today as well and we'll be watching it again. The shorts did well today too, but getting a good position in on a short is harder.
I'm still negative on the market, however, many of the NASDAQ stocks formed bounce patterns (bullish engulfing). It will take a day or two for me to be convinced.
Longs for Thursday: ACTU, BOUT, TRKN, SHPGY and VSAT. Shorts: SPLS, HP, IDTI, MTG and LOW.
Good Trading!!
Sam
savvy-trader.com |
