>> Trade Update << Sold 900 GRMN@49.25... Remaining Position: +2500. EDIT: if they pop (say right to 49.65) past 49.50 i may sell more
>> Trade Close << GRMN now choppy to the downside. just closed remainder with a small scalp @ 49.2 bringing combined trade result of GRMN to: +1183 US$. I call it a day. Day could have been really good despite being a choppy one, if i didn't close that MOS short. There weren't any big trades out there for me today, risk was at a combined max risk of around 5k. todays results (there were some others not active trading related trades): GRMN: +1182$ MOS: -952$ FDAX: -161 EUR = -213 $ Total: +17$ ____________________________________________________ New Balance: 520'236 (+20'236 since start of journal/week/month)
>> Trade Open << Short FDAX 4@6867.50. falling back, after upmove try earlier, expecting some more profit taking still greece sell-on-good news related. stop 6910ish
>> Trade Update << Holy molly... nice down leg... closing half right now... 6820-30ish... Oo, going lowere again... 2 shorts remaining... I know its not good to take off into this kind of momentum, but couldn't resist
>> Trade Update << 2 shorts remaining, closed 6 so far, along some attempts at small scalps. Stop put to entry level 6960. Looking for <6800, probably would even wait for <6750.
--- US Market Outlook --- Interesting Stocks: HPQ - down 4% on earnings: -crazy moves in AH Trading yesterday... got pushed into green and then slowly retreated back down... - on watch but not so likely to take a trade. VVUS - up 106% (!) FDA Panel backs key drug: related stocks ARNA OREX - well, not too much to say about this one... looking for momentum for a possible trade SHLD - up 13% - mixed bag of news, earnings, updates, guidance, cost cuts - Once more on my watch list... - Looking for possible fading. Market Sentiment: - I see quite a bit of risk to the downside today... with european markets weak, and a bleak outlook on european GDP (revision down GDP, up inflation)
>> Trade Open << Bought HPQ 10k @27.40 on pull back up. Tried to short SHLD, no shorts available at IB. Short VVUS 2k@20.50... All trades not looking too good right now... overall market weakness not helping HPQ