Today’s Watchlist
Veeeeery quiet on the scans this morning. Market was down huge overnight, little bounce right now (5AM) but I’m thinking thats only temporary. Of course I’m sure any reader of this blog knows I’m pretty much a perma bear. Good though not great trade yesterday. Waited for my entry, used patience and really the only mistake was taking too quick of profits. But then left with my “meat of the move” for the day and moved on. No pressing/boredom trades for me in this market.
Great advice/commentary from Nate @investorslive :
Today’s List: Full list from Yahoo Finance
Nxt-ID, Inc. (NXTD) -NasdaqCM
Really like this setup, but EVERYBODY is all over shorting this, so I’ll only trade it much higher. Ideally a weak open to draw in more chasers then a big move to the upside for entry.
Alon Blue Square Israel Ltd (BSI) -NYSE
On to day 3+ on this, I’m starting to get much more aggressive.
Target: $6.00
Natural Health Trends Corp. (NHTC) -NasdaqCM
Surprised this has not fell apart yet, but probably just early shorts trying to be paitient off of the hit piece. REALLY hoping for a spike to get short. Though I won’t chase down here, its choppy now and will be an attention whore if you don’t have a solid entry.
Fitbit Inc. (FIT) -NYSE
Waiting for this to get “GoPro’d” watching pops for a swing short.
LightPath Technologies, Inc. (LPTH) -NasdaqCM
Target: $3.40
Hey tbo,
What do you mean by getting more aggressive with BSI?
Sincerely,
Well I never traded $BSI but when I say “getting more aggressive” that would mean I would be more likely to chase as opposed to wait for pops and add more size.
I found myself long overnight looking to sell at the next day am spike and burned by a drop. Still holding looking to exit…