Good day for the markets. All were positive and that makes about 5 days on a row. Hoping this is back to the early days of the year. Not sure if this was just a continueation of last week, because other world markets were closed today. I think mainly europe. Either way was good day. Few new moves made for the day and also had some money settle. Thinking momentum will continue for a little. Netflix reported earnings today and they were good. This is a big momentum name and these stocks tend to move together. Getting close to PDT exemption. Will have to make some good trades from here to make that happen though.
OH account
Finally closed out of a really old position in INOD. Have been trying to sell this for a long time. At start of month when I wanted to start with a clean slate. Finally off the books and need to wait for this to settle before anything new for this account.
IB account
Got an end of day spike for MONA and sold while I had the chance. This was a wolf pick and sold it for a quick gain. Was looking like I may be holding for a while. as price action was not good until near the close. Glad I was monitoring this and got out easy. That is my main worry on OTC stocks like this.
Added more to my position in GOGO. Tried averaging up, and we will see how that works. Averaged up right before power hour and it closed below my buy price. I may have to work on my entry points when adding as my last attempt to add to a winning trade did not work. Still bagholding that. This is a momentum stock so neflix earnings may give it a boost.
Bought OCLR, is on a multiday breakout and I hope I didn't get in too late. Have a tight stop so won't lose much and stock is a slow mover. Looking at .15/day gain so far. Around 5% which actually isn't bad at all.
That was the moves today, another day of not using a day trade. Although OCLR was bought with intention it would be day trade. Will keep eye out for potential day trades tomorrow. Trying to stay away from NFLX but open to YOD if it gets any attention.
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