Stock Watchlist 1.14.11. “Caution Grumpy Trader”
You have those days when you just are not it the mood for anything. Thursday was that day for me. The trades were stubborn, I must have burned through 70 charts looking for a winner and I drank way to much coffee to stay awake. Nothing a healthy dose of chocolate can’t cure, right? I shouldn’t be grumpy after the IGOI win but a grumpiness can build character.However , you shouldn’t trade grumpy,it’s not profitable.
Trades IGOI (swing +3285) OVTI ( -170) SCOK (-225) EEE (+420). Total $3310. All trade stats here http://thelincolnlist.com/performance/
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Stock on previous watch still in play: SRZ URZ EEE NVDA ZAGG CCME
IGOI
My friend it’s been a wonderful romance but we must part. This was a good play for me and I hope some of the other subs got in on this back a $4. Now the CEO is selling his shares and it’s time to start thinking of a short.
CVVT
Some nasty dirt sent this down to the grave fast. I wouldn’t short but this could be TSTC part 2. Very possible this washout and bounces.
TTMI
I took a quick breakout buy on this and made a few dollars. When I turned my back on it it went up another buck. Pretty high runner. There is a possibility this can carry through until tomorrow morning. I doubt this has another $3 dollar run in it.
HDY
All of you should be well informed on HDY. I certainly do wish I would have bought this but now I have to at least have to take a small short position at some point. Up 10 days in a row.
MGIC
MGIC is an old player I have fond memories of. There was some nice surges on it today. Key breakout level is 7.60
ISYS
Just keeps rolling to new highs. This is a complete breakout chart.I will keep an eye on momentum and volume to see if this offers a buy point
RTEC