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I thought that I spotted an earnings winner because the financial results for fiscal 2016 are indeed better than for 2015, but the morning action clearly demonstrated that it's going down. In addition, STAF gained a lot before the earnings release and there was room to go down. Again, I am on the wrong side of the move.

Tried to short a failed morning spike. I was looking for a morning fading, but SSY turned out to be too inactive. In addition, ETrade had issues and I did not know whether or not I exited.

Not a terrible idea since the earnings report was indeed solid. But all that matters is the reaction to earnings which was negative. I should have waited on the sidelines to see the market’s reaction. The upside was a little smaller than the downside from my entry price. Hence, the risk/reward was bad in this case. Next time, do not play stocks that gap down on earnings report – that’s a bad sign, these stocks rarely bounce back. And even if they do, it may take a lot of time.

I tried to predict an afternoon run up, but it didn't happen. I followed my plan in terms of exiting right at my risk. But I this is the trade I should have avoided because I had conflicting indictors: nice price action, but this stock almost never held its gains. So it's a good idea to buy a stock that consolidates near the breakout level, but I should choose stocks to play more carefully.

This is a recent IPO which reported good earnings and a contract extension and expansion on Wednesday evening. Even though this is not the most volatile/liquid stock out there, but the gap up seemed to be very predictable. I expected a breakout of 16, which happened at market open, but there was no continuation. I wanted to sell in high 16s, but had to lower my goals. Certainly, I missed about 10-20 cents a share, but it is nice to have these predictable plays and be able to profit from them.

I sort of chased CLNE. It was a major % gainer in a/h on Tuesday, and it made a new high this morning, so I decided to dip buy CLNE. But my plan was flawed because (1) I was entering pre-market, (2) I was playing mid-range, and (3) I didn't take into account its history of morning panics. In addition, CLNE is not a low floater and has no history of spiking. I forced this trade. This morning is one of those when it is better to stay out of the market, or be short-biased.
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