What Worked Today 2152008
Well being long the indexes did NOT work today, but two other trades did. BTW the indexes lost 1% against my positions. That sucked for sure so I reduced my exposure today in the indexes at the close.
TITN – Continued its breakout today and saw some nice volume near the close. Up 15% on the position.
GS – Buying the Feb 175 call options with hours before expiration. Gaining 29%. You can see the spike I mentioned in the Midday Update as well as my comments of GS going even higher than that spike. Both items happened.
Everything I sold yesterday was down even more today. AKNS was down an additional 5% today. So minding the buy and sell signals and being disciplined is really working for me. Letting the winners run like TITN, while dropping the ones that go on a sell signal like CSUN, AKNS, YRCW, EMKR down an additional 11.2% today. Its nice not getting hit with these extra losses.