BCRX was a disappointment this morning after the $2 break yesterday. I sold this morning as I wanted to see the stock break to the upside immediately. It dosen’t pay to hold these small bombs for long period of time, so I am out for now.
YGE was looking great this morning, but has since pulled back. I’m in from right under $2, and have no plan to sell. Stop at entry point.
APP and UA were two new buys yesterday. Both looked great at the open, but have pullback with everything else. APP has earnings in a few days, so it needs to do something here or I will be forced to cut. I don’t play the earnings game. UA is still a favorite here with one of the better looking charts out there:
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Nothing of note on my radar here, setups have dried up for the most part. I still hold a heavy cash position, and still in no rush to make any moves.
Feel free to leave a comment if you have anything worth wild. I’ll be back in a bit with today’s movers.
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Sold the $APP, -.04