A so-so day of trading. Opened some new positions but don't think I closed any. Here is a quick view of the day.
Shorted some DANG-some hit piece on them selling fake products. They are the amazon of china and being accused of selling knock off make up products. Fell sharply then I heard rumor and shorted. Didn't move much after I got in, I thought I was getting in after a bounce but not necessarily the case. Closed red for day which is good for me, but barely below my entry price. Looks like it is climbing some afterhours, may have to sell at loss early tomorrow.
Loaded up on some AMCO-rich pick and steel sector seems to be gaining news. Contracts being anounced and the likes. Looking for a small gain to sell majority, could be a longer term pick as well. Doubt I hold 2-3 weeks to reap total benefit but trying to grow my account.
Bought ARIA- next pedrone pick. Guys is aces man. Seems all his picks get steam and he makes bank. He just an article out on it, his plays seem to take a few days to hit his targets. In early, stock hit hard when Yellen was talking and killing the markets.
Got into DCTH-another rich pick. Sympathy play off of ISR who had a huge breakout today. Thing basically went straight up. If it can continue tomorrow, DCTH will get nice spike as well. Really cheap stock, which I don't love but play has tremendous potential.
Do not think I closed any open positions today-but chance once could fill after hours
As I mentioned markets took a hit today. This was a result of Yellen's first fed meeting remarks. Market got scared when she talked about when interest rates could go up and hinted it would be around 6 months after QE ends (could be wrong and real was when unemployment hits thier target). But not for a little while. Noticed I get a few random hits on this, feel free to comment or ask questions.
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