If you haven’t seen already Investors Underground is having a pretty good sale on memberships and DVDs. Check it out if you’re on the fence about becoming a member: investorsunderground.com/s/PZZ1J
Another day of really great action! This market is what builds accounts big time. Doesn’t matter if you are long bias or short. Plenty of opportunity on both sides. Hope it continues all week!
VRX: Started a swing short in this today and held overnight. This stock is barely holding on. Single #s by the end of the week imo, if not def by next. All pops are a short for me.
BNTC: Awesome move on this name today. It was a tough battle. Always felt like there was some hidden support keeping it from collapsing. That being said, it did come in really nice EOD. Ideally we get some morning emotion before more death. Using $4.50 as a guide for the short.
CALI: Decent mover, with a small float. Should be in play tomorrow as well. If it has failed follow through, not afraid to take a tiny piece short for a back burner fade. If it holds, it can definitely keep going higher with the small float it has. All depends on the volume. We’ll find out in the morning.
INNL: SICK rip into close! Ideally a morning shove $2.20-$2.50 and then will look to fade it back down.
DFFN: Shorting pops using $4.40 as a guide. Will likely be a slow fader when everyone forgets about it in the morning.
DRYS: Another day another fade. Stock is going under $1 very near term. Still holding my swing short and will continue to add to it.
GBR: Nearly gave back a 50% gap. Pretty convinced its gonna gap down and continue to fade tomorrow, but if for some reason it doesn’t.. ALL pops risk on $2.20s
Recent Blogs + FREE Webinars:
Stock Talks live stream w/ Cody
Setting Stops & Trade Management
Conviction + Sizing + Why 90% Of Traders Fail
Q/A Session + Trading Strategy
