Pull backs

Some great action in the market today. I got stopped out of a couple trades this afternoon. Supports were holding up well and then there was a huge sell off at the end of the day that triggered a couple trades. The Dow gave up 226 today, bringing it to the previous resistance level. The S&P and particularly the Russell showed a lot more weakness.

I got stopped out of a couple of trades today. CKP and part of my AMZN earnings speculation both hit stops. However, I do still have a couple of the calls I bought on AMZN yesterday and as of now it is up $12 in after hours trading.

I bought ACH yesterday on the breakout, not huge volume but it wasn't a really strong resistance. OK day today, still within parameters. I'm not big on trading China stocks but I thought I'd venture into their world. at 52.50 I'm tightening my stop. I should either get a great run or a quick profit.


COL and POT pulled back some today, gave up some of the unrealized gains but still following my rules. Earnings here we come!

Oh yeah, I jumped into ZMH on the bounce yesterday going into earnings.