SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken Wolff who wrote (456)2/6/1998 7:19:00 PM
From: Melissa McAuliffe  Read Replies (1) of 2120
 
Ken, I really appreciate all these informative posts you are leaving. I have very little experience so I am reading everything and anything I can sometimes to the point where my eyes are burning. I wanted to share this because it had to do with a trade I did today on news. This morning on cnbc they announced that TKLC had an upside earnings surprise of .08. I checked First Call and found that estimates were .23 and they did .31 which I thought was pretty good. I figured the stock had probably already run up to reflect this but when I checked my daily charts in Quotes Plus, I noticed that the stock had been moving up for the last week but that yesterday it closed down almost 3pts from the preceding day. So I figured that this wasn't yet reflected in the price and it was a big surprise to all. So I decided to watch this stock. It opened at 40 1/2..up 5 points. I watched it after that for a while and it moved down to somewhere closer to 38 and then started to move up again. It then went some down to around 38 again and then moved up and closed at around 40. I have never traded or invested in a company where I have no clue what they do but I decided to try this based on reading your posts yesterday about trading on news. I actually was successful though I will admit I need help with my entry and exit points. I didn't buy at the low or sell at the high but that's ok w/ me since I made money. So thank you for putting the idea in my head.
Melissa
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News