Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

End of the Day Recap..
The markets continued to echo the effects of yesterdays rate cut as they continued to rally, closing up +76 points for the DJIA, +9.25 for the S&P and up +14.82 for the NASDAQ. Even the Russell 2000 has climbed back up on its 200 day MA. A few weeks ago, the Russell 2000 was looking like a mess.
Stocks I Added to: ARCI, BW, FALC, FRM, MEAS, MHJ, OMTR, SLP, SIMC

Stock I should've added more to: EHTH (beautiful chart by the way)

New Buys: CREE, DGIT

Watching: INXI (looking for a dip before the real possible breakout)


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

A Look at Some of Today's Winners...
Some of Today's Winners: ANW, ATRO, BW, CMED, EHTH, FALC, MHJ, NWK, SHEN, SILC, SNCR, SNDA, WAT, YGE


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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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Add-Ons, Sells, etc
Stocks one should Add To: (Note-One can also initiate a new position in the stock at these points as well.)

BCSI



CMED



FALC



NWK



SHEN



SLI



STRL



TOD



TWTI



WRLS



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Sells: Stocks which one should or already should have sold to either take profits or cut losses. Also includes stocks which are on the verge of being sold if they do not continue to show improvement in their chart pattern.


ARTW (if it continues to show weakness and fail to bounce off the 50 day MA)

DBTK (correct sell point would have been a close below its 50 day MA)

DCO

JNPR

LKQX (sell if it can't continue to bounce off of its 50 day MA)

MFE (sell if it can't climb back on its 50 day MA)

MOS

NUAN (if it can't bounce/hold itself above its 50 day MA)

PAS (chart is starting to deteriorate. Time to take profits)

PEGA (sell if it can't bounce off of its 50 day MA)

RGEN (failed breakout. Take Profit and Sell)

SCLD

SPNC (sell and take profits if it can't bounce off its 50 day MA)

STAR

SURW (this one has been a sell since it closed below its 50 day MA. I have already sold it. Sell it as well, if you haven't already done so. This was a failed trade for sure)

SYNO

UA ( sell if it can't bounce off of its 50 day MA)

VII (Sell/take profits since the stock has closed below its 50 day MA on heavy selling volume)



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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