HAMMERTIME! First trade today and I made roughly $80 after fees. I bought 500 shares of $FORD at $1.60 and sold at $1.80. I called this perfectly in my watch list last night! I know $80 isn’t much for most traders but like I said, I have a small $1,500 account with Etrade. I’m taking it day by day, trade by trade and as I gain more capital I’ll be able to slowly make $150-250 a trade and so on. The ultimate goal is consistency so if I can win 70-80% of the time, I’ll be more than happy with that. Below is my watch list for tomorrow…I’m mainly watching FORD and LOOK. See you all in the chat and have a great night!

 

HebrewHammer

 

 

ACI – Another good day for ACI. At this point this stock is too expensive for my small account. I’m really trying to focus on stocks under $2-3. I’ll look for a possible short on it’s first red day.  

 

MCUR – Now down over a $1/share from my short alert over the weekend. I called this spot on however I’ve been busy with work and $FORD the last few days. Still a good short as it can drop another $1/share.

 

NUGN- It’s been holding nicely in the $2/share range. This is still on my short watch list everyday. It’s only a matter of time before it’s at 0.  

 

NTEK – Not much going on today with this but I’ll still be watching. They just signed a licensing deal with Paramount Pictures that will give UltraFlix users over 950 films. Ultra-low priced penny stock priced at .0113/share. I could see this jumping back up to .025 if it gets the volume. My entry would be .0135/share. Still waiting for people to pick up on this low priced stock.

 

SIXD – This was a great short today and a dip buy mid-day but it wasn’t moving fast enough for me. I like to be able to get in and out of a trade without sweating it out. This will probably still drop another .40-1.00/share in the next few days.

 

FORD – This was the only play I made today and I called it PERFECTLY! I caught this on the first dip at $1.60/share and sold at $1.80/share. Could’ve made another .10/share but I was gladly taking my profits. It triple topped at $1.90/share and then came down to $1.50for most of the day. I decided to stay away for the rest of the day as I only have 2 more trades left to make this week. I really hate the PDT Rule but it does force me to be patient and precise with my picks. Cant wait until I have $25k saved so I can trade freely though. Very nice close today and we’ll see if it can finally crack that $1.90 resistance…If so, look out!

 

CVEO- It had a nice delayed morning spike and then held it’s gains throughout the day. Intraday support at $1.40 and $1.45/share. This is a gas and oil play so watch ACI and BTU as they all have similar long-term charts.

 

LOOK- Contract winner. They entered into a 39 month agreement with Newtek (NEWT) which is a much larger market cap of $175M vs. LOOK which is a $6M market cap. Watch this the next few days as it has spiked in the past. This could pop another $1/share tomorrow with the right volume.