Hey Oxen Report Readers,
Yesterday turned out to be a fantastic day for us in the markets. We had three solid exits. We started with our Overnight Trade from Monday, which was Infosys Technologies (INFY). We got in before the close on Monday at 54.75 and exited at 57.75. It was a nice 5.50% increase for us. Our trades of the day for yesterday was a buy of Ultrashort Proshares Real Estate ETF (SRS). We got into this one at 7.50 and exited at 7.72 for a nice 3% gain. For our Short Sale of the Day, we bought shares of Great A&P Tea Co. (GAP). The company reported devestating earnings and dropped over 15% in one day. We got in in the morning at 10.75 and exited at 10.43 for a 3% gain. Good day. 3 out of 3!
I hope we can continue that trend today. Let’s take a look at the market.
Buy Pick of the Day:
Analysis:
Entry:
Exit:
Short Sale of the Day:
Analysis:
Entry:
Exit:
Good Investing,
David Ristau
