Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Trade Journal

Short Positions Working Just Fine...
Some of the short positions that I have initiated a few weeks ago are starting to show me decent gains. On the flip side, my remaining long positions are continuing to lag even more. I may have to liquidate more by the end of the week.

Short positions: MS, BSC, GS, AIG, AXA, LM, SVVS, MER, CE

Re-Short: HBC (I got stopped out with the first short position)

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Trading Thoughts for July 17th by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor
Hey guys,

I've been a little busy so I haven't had a chance to comment on today's market and stock action. For one, I am happy with ARTW's performance. It is important to note that opportunities such as these are abundant during earnings season. To maximize your profit potential, look for stocks that have a low float (less than 10 mil, less than 6 even better), and with strong earnings results (earnings increases of 50% are good, but look for those that post 100% or better). For instance, ARTW posted a 250% earnings increase. This is a substantial amount and it can help fuel the momentum that will send this stock higher.

Some other stocks that did well today included: RZ, CEDC, VSR

Earning Pick for Tomorrow: QEPC, a low float stock mentioned in my earnings watch for this week is already locked and loaded for a stunning morning rush. The stock is already up big after hours which will make entry difficult for anyone who hasn't already bought in.
My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer

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