Stock Watch 3.4.11 ” Abandoned Shorter”
I had the perfect gameplan going into Thursday. All of my top shorts ( ROYL TIV LEI) from Wednesday dumped just how I thought they would. View here http://thelincolnlist.com/stock-watch-3-3-11-stock-sniper/. That happens every so often but when they started tanking without me I felt like a kid who got lost in an amusement park. All alone and sad, with mustard smeared on my shirt. It’s all good though because Friday there are just as many nice set ups. Trade them well.
Watchlist USAT INVE SGI AXK RPRX HEES
Previous watchers still in play KVA SCON HERO ROYL
USAT
Some fluffy PR and a massive market broke this out huge. Most experienced trades will profit take after a morning gap up and that’s where I’ll be waiting to short it.
INVE
Earnings players have a tendency to run. Might be a good buying opportunity with such solid support in the 2.60’s
SGI
Computer hardware stocks have been catching bids. look for early longs followed by fades to enter short
AXK
Reaching a point of exhaustion here. Look to build shorts on spikes.
RPRX
I’ve been eyeing this as a short for 2 days. It had some moments Thursday that looked ripe for shorts but I thing overall market strength held it up.
HEES
Bump on earning . Just watching for now. Leaning bullish
