Live Trading Room Stock Setups For August 1 |
By Dave Mecklenburg |
Published
07/31/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For August 1
Not the best way to end the month, but it was still a good total month of riding winners for big gains. Control your risk, and the profits will follow.
FAST LONG 49.03 48.87 $(0.16) LVS LONG 55.99 55.99 $- WPRT LONG 32.96 32.73 $(0.23) HTZ SHORT 25.48 25.68 $(0.20) WAG SHORT 50.31 50.31 $-
Total of ($0.59) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$590 gross earnings for the day. $9.39 per share for the month. 1000 share per trade would be $9,390 gross earning for the month.
Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session.
Entries, targets, and stops are based on the day's likely inflection points, and natural support and resistance. Avoid trade until bid/ask spread narrows.
Partial or unedited list of setups. Complete or edited list goes out by email. Subscribe to the distribution list here.
Bullish Long-Side Setups
ABV Comp De Bebidas Das Americas AN AutoNation Inc DK Delek US Holdings Inc GRMN Garmin Ltd INGR Ingredion Incorporated MR Mindray Medical Intl Limited NCR NCR Corp TRMB Trimble Navigation Ltd YOKU Youku Tudou Inc
Bearish Short-Side Setups
AIV Apartment Investment & Mgmt'A' AXP American Express Company BAM Brookfield Asset Management FE FirstEnergy Corp MON Monsanto Co NXPI NXP Semiconductors N.V. PEP Pepsico Inc SKT Tanger Factory Outlet Centers
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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