Stock Pick Performance for Wednesday, 8/12/15

Index recovered all of the losses to close on the positive side. Dow was down triple digit mid morning. There was heavy volume across the board.  We had 11 stock picks:

  • 5 Wins: HPQ, MS, COH, FIT, PE
  • 5 Break Even: SLW, BYD, BX, WETF, AEM
  • 1 Loss: FSL

This market remains challenging to trade, so again, trade small and very carefully.

Here are the charts with entries:

Stock Pick: COH Type: Short Price: $31.18

coh 81215 stock pick

 

Stock Pick: FIT Type: Short Price: $40.00

fit stock pick 81215

 

Stock Pick: PE Type: Long Price: $16.00

pe stock pick 81215

2 Comments

  1. Ricardo August 17, 2015 at 7:40 am - Reply

    What happened if the target price or stop loss has not been reached minutes before the closing bell?

    • eStockPicks August 18, 2015 at 7:44 am - Reply

      1. Our system does not generate any alerts after 3 p.m. ET. So, there is 1 hour left in trading before the market closes at 4 p.m. ET.
      2. Generally stocks move in the final hour of trading. Since the stock picks are momentum based, they are likely to continue their trend and reach profit target or give an opportunity to get our break even.

      If for some reason the trade has not reached your target/stop, it’s recommended that you close the trade with “Market” or “Market on Close” order type.

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