MCP

MCP was a no drama trade.

entry.

it grinded $1 higher, time to exit

GRMN

GRMN hitting new highs carries it higher.

entry

sell into that emotion moments later.

exit.

CMG

I try to keep a very open mind about what levels a stocks can trade to.

I'm sure CMG makes very tasty tacos and burritos. MMmmm tacos and burritos.

I'm not so sure that it deserves to trade at $200 or have a $6 billion market cap. Well there is no denying it is up there so I am happy to trade with the momentum but its time to take profits and look short soon.

1st chart is CMG entry

sell CMG. burp.

TNA TZA

A couple of b- ute-tees,

TNA short entry

add to it when it goes my way

cover, take profits in TNA when the sell off goes extreme.

TZA long entry

sell TZA into the buying frenzy

Losers

I keep my losing trades small and just because I don't post many doesn't mean I don't have them. I have plenty every day. They are always kept small and unremarkable because that is what my system forces upon me. Here are two to look at.

SVNT entry

SVNT goes past previous candle low and stops me out

VRA entry

VRA quick snap back stopped me out

SYK

Took a while to develop but SYK turned out to be an ez short

SYK entry

SYK cover on doji

TZA

TZA long entry

TZA sell into that strength.

Wait.

TNA

TNA short entry

Buy TNA, cover into that weakness.

SYK

Timed SYK short pretty good.

cover SYK

Volume in SNDK

When I see volume like this come into a stock it means it is in play. Jump in and aggressively add to it.

SNDK jumps up

These days its safer to take profits after a move like this and keep it on the radar for later trades...