Lots of good pickings this week. ADRX, nearly hit my target of 100 but I might just move the target up more. Very high flyers also. But there are now a lot of "NTBK'S" there was DISH, GMST,TERN,WGAT,QLGC,SONE,SWS,EXTR, FOSL,GILTF,COVD. ..hitting from all the fronts. No more falling for stocks in sectors like TAGS and ANF. UNFY had it, SMOD had it, but NAV did not.
The only ones that triggered today were HIBB and NMG, I ignored the others even one of my favorites, Number 1 May 20. A good earnings report is after the fact, we are really interested in before earnings and the momentum through anticipation (i.e. DISH, GMST,etc.)
Just watch the stops and take profits. I know today was profit taking from the massive gains this week, but I'd rather get out and not hold through a 10 point loss if I could help it. I played both sides long and short today but the short is always harder for me than the long. Every week it gets better and better. |
