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Stocks To Watch Today

Here’s a look at your daily runner screen, which is heavy in oil. I’ve pulled the tickers from my Exodus screen: CLICK HERE FOR CHARTS

Tickers on watch inside the chat room include: CHK, WLL, LC, OAS, UA, SYRG, CRC, & SGY

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Out Of The $SHAK

I sold my position in $SHAK this morning at 39.05, noted inside Exodus. Given SHAK’s valuation, the company cant afford soft numbers. I took my profits from 34.40 entry, +4.65 on the trade.

Will look to buy the dip sub $30.

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$JD Post Surprise Profit

JD.com post a surprise 2Q profit as the Chinese retailer’s bottom line got a boost from much-improved gross margins. JD has been taking steps to compete against the likes Alibaba (BABA), and has even partnered with Wal-Mart (WMT) to help with their online operation.

Earnings: Q2 EPS $0.04 vs ($0.03) est, Revenue 9.82B vs 9.81B

The stock is up 10% in early trade, and our position from $21 continues to climb higher.

Screen Shot 2016-08-10 at 8.32.46 AM

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$GOOGL TRADES TO FRESH ALL-TIME HIGHS

$GOOGL just traded to a fresh new all-time high, trading back through the highs @ 810.35, made earlier in the year. Here’s a look at the daily chart:

Screen Shot 2016-08-09 at 9.15.15 AM__

Full disclosure: long $GOOGL

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