In this market I can't afford to be greedy!! I need to take profits when they are there no matter how small I feel they may be limiting my exposure to swings and long term holds until we get a better feel of which direction this market is headed. If you are in a stock and it begins to turn against you or doesn't do what you think it should don't be afraid to walk away and book a small profit. You can always get back in if the if the situation corrects itself.
Morning movers and stocks on my watch
$BEAT PR let it settle on the open don't chase it , $VRML pr, $MNKD held up well yesterday nice flag SA article, $ZIOP nice action yesterday possible follow through, $VNDA pr, $SURG continuation, $ANAD continuation, $HTCH new 52 week highs on deck?, $QCOR Pr , $TA looks nice in the daily testing 20 and 50 day, $ASTX oversold looking like it might be @ support , $EXTR pr , $LOCK looking for 11 dolla holla , $NKTR crossed 10 dolla premarket
Seeking Alpha
Today's Markets:
In Asia, Japan -1.4% to 13318. Hong Kong -1.2% to 21355. China closed. India -1.5% to 19143.
In Europe, at midday, London -1.5%. Paris -1.9%. Frankfurt -1.6%.
Futures at 7:00: Dow -0.7%. S&P -0.8%. Nasdaq -0.8%. Crude -1.1% to $94.71. Gold -1.3% to $1367.70.
In Asia, Japan -1.4% to 13318. Hong Kong -1.2% to 21355. China closed. India -1.5% to 19143.
In Europe, at midday, London -1.5%. Paris -1.9%. Frankfurt -1.6%.
Futures at 7:00: Dow -0.7%. S&P -0.8%. Nasdaq -0.8%. Crude -1.1% to $94.71. Gold -1.3% to $1367.70.
Today's economic calendar:
7:30 NFIB Small Business Optimism Index
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
10:00 Wholesale Trade
1:00 PM Results of $32B, 3-Year Note Auction
7:30 NFIB Small Business Optimism Index
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
10:00 Wholesale Trade
1:00 PM Results of $32B, 3-Year Note Auction
Notable earnings before today's open: LDK
Briefing.com
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Good luck trading today!!
That's hilarious we both wrote about greed this morning. http://thethoughtfulbull.blogspot.com/2013/06/increasing-your-risk-budget.html Don't be greedy Vegas!!! Great post my man.
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