Hey all. I apologize for missing yesterday. We are back on today. Tuesday was a semi-okay day. We continued our short sale of AMD, which we got stopped out on for a 3% loss at 6.65. The stock just has had too much upward momentum, but I think it still looks to be a strong long term short if you are looking for any longer positions. Our Buy Pick of the Day was Ultrashort Proshares Financials (SKF), which we got into at 25.05 in the morning. The stock did not hit 25.55, our lower exit point. We sold at the end of the day at 25.37 for a 1.25% gain on the day. It was a .75/2 in my opinion.
Let’s get into our picks for Thursday…
Buy Pick of the Day:
Analysis –
Entry –
Exit –
Stop Loss –
Short Sale of the Day:
Analysis –
Entry –
Exit –
Stop Buy –
Story in progress, check back tomorrow morning…
Good Luck and Good Investing,
David Ristau
