What Worked Today 6132007
What a difference a day makes.
Being long. My NDX index fund position gained all of yesterdays loss + a little more, while the R2K index fund position essentially gained all of yesterdays loss back. So my index funds are slightly up.
The QQQQ call buying spree that I did over the last few days looked like it was in serious peril. However, after the beige book numbers came out the Nasdaq and rest of the market took off big! I sold my calls a little early, but I didn’t want to be upside down in case volatility rears it head tomorrow. Made 7%.
NEXM – Broke out today with a move above $2 bucks on a little more than 2 to 1 volume. I think its going to pop again tomorrow just based on the techs. This stock is very far from being overbought so this could turn into another BPA or BRKR (I’m referring to my trades of BPA/BRKR). I’m currently up over 13% on NEXM and its the second trade I’ve made in the stock for over 10% gains this year.
Here is a chart of NEXM since my buy – Up 4.6% today.

SMDI – Up 2.5% today. My position went profitable by .87% today lol.
BWLRF – Quietly hitting new 52 week highs everyday.
FCEL – Barely positive. Had a nice move early in the day, but faded. I’m not attached to this stock and it like the others can be dropped at anytime. I want to wait on FCEL so far though as the charts are still bullish.
BEE – Had a nice bounce today. Down about 1.2% from the buy. (Own it for a family member)
What Sucked Today (Mini Edition)
JMBA – Got whacked today. Down 5.85%. Nothing on my charts right now says sell.
HRSH – If this week closes around the levels where it is now, I will likely sell my position. I’m down about 7% on average between my two buys/holdings of HRSH.
I’ll post what I’m watching later tonight.
