Today’s Watchlist
Decent day yesterday, felt like I traded GRPN pretty well, and even though CENX was a loser, I was patient but did not let it squeeze me, so an ok trade as well. I had a haircut at 4:30 and the roads were shit with a ton of snow, so no video recap again. I’ll do one tonight no matter what.
Decent mix of junk and real stocks, as well as an ETF.
Today’s List: Full list from Yahoo Finance
SolarWindow Technologies, Inc. (WNDW) -Other OTC
Target: Day 3 looking for a squeeze and fade after it sets a top.
Groupon, Inc. (GRPN) -NasdaqGS
Glad I covered when it didnt crack $4.50 for a decent gain and no overnight risk.
Target: $4.75
Direxion Daily Gold Miners Bull 3X ETF (NUGT) -NYSEArca
Still would like to experiment with trading this, will reassess closer to the open and decide on a plan.
Scientific Games Corporation (SGMS) -NasdaqGS
Day 4 would like to build a position, will watch with ZNGA and GLUU.
J. C. Penney Company, Inc. (JCP) -NYSE
Looking for fades under $10.00
Fitbit Inc. (FIT) -NYSE
Target: $12.50-$12.75
Curious why you are watching ZNGA and GLUU to see how SGMS will perform. Other than being gaming stocks ( That I don’t understand why they do so well in the 20 to 35 age group do these people not have a life? Definitely was not playing games like that at that age…) All have different catalyst, are they somehow joined in someway ?
Oh crap, thanks for pointing on the flaw in my thesis, I didnt realize they did slot machines etc. I saw gaming and just “assumed” it was mobile apps like GLUU etc.
From the above watchlist, only WNDW would be considered as ‘junk’ right? Or do you consider any other ticker as junk as well? Thanks..!
Correct! And had I focused on WNDW instead of “real” JCP and FIT I would have had a much better day!
Got it ! Thanks 🙂