Wednesday, April 2, 2014

4/2/14

Pretty uneventful day again.  Seems to be how it will be for a while.  Limited in my action due to PDT rule.  However been moving some funds around and getting closer to account size needed to trade freely.  Nasdaq been down, but S&P has been going up.  Closed at new highs today.

Today's activity:
Sold FORD-held onto this too long for my new strategy.  Let go red and didn't cut.  Had to pay for it today when I sold my shares.  Another loss, as they keep on piling on.

Overnight play today was SGOC.  Had a good close and very positive SA article on it.  Hoping finally get to take advantage of one of these overnight plays.  Been on a losing streak for them as well as normal plays.  Hoped would close over 4 but ended just shy.  Early aftermarket action pushed little above 4 so gap is definite possibility.  Stock also has history of going nutty on earnings.  Spiking over 100%.
Just saw they reported bad earnings afterhours.  This one is gonna hurt, yet another loser. Without PDT regulations could have been out with 50 profit.  Now looking to loose 300+

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