I used today’s weakness to add some new long exposure with two new stocks on the cheap and they are both off to a great start.

I covered my short in HTZ at $23.38 from my entry price of $23.63 and $212 on the two-day trade today. For the month that brings me up to about $5,000 in profits. Not bad considering subscribers only have to pay $59.95. I plan on tomorrow adding more long exposure and closing out my remaining short position in AXL for a nice gain as well. 

I’m not just about providing stock picks and having you duplicate my service. I’m also very much determined to teach my subs the “how” and “why” I trade what I do. Finding the right stock to trade represents only a small part of the trade. So much of the success that I experience hinges on being able to know the entry, the stop-loss management, and the point where I take those gains. Just knowing the stock pick will not do. It’s what you do with that stock pick that matters.

You can tryout the SharePlanner Splash Zone for 7-days for free. Click here to learn more.

With that said – let’s go over tonight’s watch-list:

Long R.R. Donnelley & Sons (RRD)

rrd

Short Viropharma (VPHM)

vphm

Long Aruba Networks (ARUN)

arun

Short Humana (HUM)

HUM

Long Chico’s (CHS)

chs

 

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