The U.S. stock market opened lower and moved around flat line until Fed minutes were released. S&P and DOW closed above key psychological levels of 2000 and 17000. We had 7 stock picks for day trading: 6 longs, 1 short
- 2 wins: PLCM, SDRL
- 4 evens: HCBK, NLY, CY, ATML
- 1 loss: DUST
Stock Market closed at: DOW +138, SP +18, NASDAQ +20. Our system had limited trading opportunities today.
Stock Pick: PLCM Type: Long (buy) Price: $12.77
Stock Pick: DUST Type: Long (buy) Price: $16.56. This was a loss.