Markets opened lower and remained in red for the day. However, it pared the deep losses and recovered some in the afternoon session. Federal reserve reiterated that rate hike is likely this year. We had 10 stock picks for day trading today: 6 longs, 4 Shorts
- 6 Wins: TZA, SPXS, X, AEM, MOMO, POM
- 4 Evens: ING, TSM, PHG, ATVI
We had a swing trade alert for TREX at $33.70 in the morning session. It closed at $34.55 today.
Markets closed at: DOW -79, SP -7, NASDAQ -18.
Below are some stock picks with alerts highlighted:
Swing Long stock pick TREX at $33.70. Target of $34.50 was reached on same day.
Stock Pick: AEM Type: Buy Price: $24.96
Stock Pick: MOMO Type: Buy Price: $11.73
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