Hi Terry,
Thanks:)
Regarding HURC, it was Dale Baker who originally brought up the stock. I looked at it and liked the fundies and legged into it at an average of around 12ish since they kept manipulating it downwards. Then, the awesome earnings report propelled it into the 18s and I sold half at 18.25. So, now I'm only holding the remainder with a loose stop.
Trading-wise, it's been an absolutely beautiful month of May. My strategy has been to leg into fundamentally strong stocks as the QQQQ/sectors/stocks themselves pull back to support levels and this approach has worked really well with HURC, SMA, GFIG, ANR, WTI, MRLN etc. which I've posted about on SI.
With two school aged children plus a baby at home, I can only afford to position trade:) So, thanks for the great QQQQ analysis!
Cheers,
Sue
PS: Still holding ALNY, which looks like it could be showing signs of life. |
