Busy morning for me so far. Sold SRZ for a nice 8% gain, while cutting short a couple of trades – Trina Solar (TSL) which is feeling the weight of a bad report from FSLR, while NFLX just refuses to bounce with the rest of the market. Strong up-days like what we are seeing today are excellent opportunities to see where the dead weight is in the portfolio. So those two stocks were dump for losses of 1.5% in each. I’ve also added PCS this morning which is performing very well so far, as is OAS at $32.71 which is climbing nicely too (I’ll provide a chart later).
Be sure to join me in my chat-room where I give the trades real-time and in advance of when I actually make the trades (all for free).
Here’s the Chart Analysis for PCS.