It was a volatile trading day. Triple digit drop recovered when the FOMC minutes came out only to pullback again. In the midst of this there were good trading opportunities. We had 11 stock picks:

  • 6 Wins: RAX, SINA, BBL, CLR, CFX, JMEI
  • 3 Break Evens: LOCO, HALO, SRPT
  • 2 Loss: ARMK, MDCO

Some charts below with stock pick price highlighted at time of entry:

Stock Pick: RAX Type: Long Price: $31.42

rax stock pick

 

Stock Pick: SINA Type: Short Price: $38.28

sina

 

Stock Pick: BBL Type: Short Price: $33.99

bbl

 

Stock Pick: CLR Type: Short Price: $32.20

clr

 

Stock Pick: JMEI Type: Long Price: $17.00

jmei