WallStreetTape daily swing trading stock picks. Full commentary available at
Currently Open Positions:
BRY - 4/20/2005 - Short from 49.10. We are up over 6.69pts. Maintain your protective stop at 45.10(+4 in the money). Initial target price $47.10 hit on 4/28/2005. WCC - 4/22/2005 - Short from 25.40. We are up over 1.09pts. Maintain your protective stop at 26.70. Initial target price $23.40 hit on
4/28/2005. AAPL - 4/27/2005 - Short from 35.82. We are up over 1.05pts. Maintain your protective stop at 37.50. Initial target price $34.00 hit on 5/11/2005. UTHR - Long from 49.65. We are up over 4.23pts. Maintain your protective stop at 52.65(+3 in the money). Initial target price $51.65 hit on 5/3/2005. NUE - 5/9/2005 - Short from 52.90. We are up over 4.94pts Move your protective stop to 50.90(+2 in the money). Initial target price $50.90 hit on 5/10/2005. KMX - 5/10/2005 - Short from 28.40. We are up over 1.60pts. Maintain your protective stop at 30.00. Initial target price $26.40 hit on 5/13/2005. MLHR - 5/13/2005 - Short from 28.85. Maintain your protective stop at 32.35. Initial target price $26.85.Remember that we are looking for 1-3 point moves on our targets. If reached, make sure you are closing at least 1/2 of your position.
Closing Positions: None.
Daily Stock Picks for 5/16/2005 None. At the moment I feel that we have enough open positions to manage.