Two New Great Stocks Added
Another little bit of a rest day for many stocks whose charts still look exceptional.
I bought some LITE and TWLO today and I’m getting very full up in terms of stocks.
As long as stocks continue to work and act properly there really isn’t much to say.
I try to find the best stocks and the right entry points and so far, so good.
ACIA reports tomorrow after the close and I’m thinking I may hold my position since we are in from $38 and it’s at the $70 area now but I will make my final decision later Thursday.
I’ve had more success than not holding positions this earnings season.
It’s a rare market I will hold stock over earnings but this is that type of market.
I do remind you that I am posting my trades live on twitter @iTraderz which is a service I charge for over the winter months when I spend more time in the office while summer I try not to as much.
SPY was a tad weak today but not really since we remain above the latest breakout level at 217.50.
I’m looking at the 217.35 area for stops but I may give it to 215 since I’ve got an entry much lower.
I continue to hold my 10% weighting in SPY from 202.
Enjoy your evening.
Warren