Markets sold off today. Weekly breakout has failed thus far, but If I had to guess we will straddle that line all week.
Vix did run into resistance and then sold off:
Anyway, although the markets falter and it was a wild day. My positions did well for the most part as my equity increased about 2.5% today. I made some well - timed buys in FEYE and TANH.
But I was not completely unscathed.
SALE-- this one was not to be as I got stopped
Exit: 20.52 (.03 slippage)
AAOI closed up 16%. -- -Monster breakout. I decided to use a bit of the thrust to book some profits.
I sold off a portion of my position at $19.00
Dip buy adds, FEYE
On a weekly makes sense as there was the back test following a great move.
I do love the IPOs. I bought BOJA into the close 26.38 as it reversed red to green to close at the high. That usually translates into a move in the next day.
Existing positions breakouts. I had two positions that had lagged finally get going, ERI and LGIH