Trade Plan:
Kind of slow day on the scans, so I’ll let things play out, out of the gate. Looks like Ebola’s could be back in play with some news. Same plan as always with them. I won’t go long, but I’ll look to short fading spikes.
Tag: Ebola
Watchlist 10-24-2014 – $IBIO, $SOPW, $INFN, $RGLS, $LIVE – All Ebola stocks
Trade Plan:
Like most Friday’s I will only be trading a half day. Could be kind of a bummer, with all the Ebola news this afternoon could be interesting. But also dangerous, I got in my opinion lucky on $TKMR yesterday. Made a nice profit then had the intention of holding 1/2 all day for a fade, after it would not crack $18.50 I covered, about 30 minutes later the NYC Ebola news came out and I would have been torched. I’ll be looking to short any and all Ebola’s on weak price action. But I will not try and pick any tops and will not hold long. The potential for news is way to high. If I was smart I’d be playing them on the long side, that is probably where the easy money is.