First let’s cover the S&P 500, all week it has been trading sideways and looking a little sluggish and today it fired off a Red Flag warning. We need two Red flags in a row, along with confirmation of the other indexes agreeing and then the morning of the third day if the markets our down, we bail by noon. So tomorrow we watch the markets closely to see what happens and hope that we get a green flag and the markets continue up. So for now we do nothing but watch and stand guarded and I will not likely be buying anything tomorrow in my personal account.
In my personal account, I was stopped out of two more stocks. Tomorrow, Thursday if the markets are weak or open lower, I will also be stopped out of two more stocks. This is why we set stop loss orders, so if the market reverses, we will not ride profits down to zero or worse a loss. Today I was stopped out of ATML and BRCM.
ATML – $154.74, BRCM– $1.91
$152.83 realized profit today. AVG = $95.66 a day. Personal goal = $50 a day. 11 of 22 trading days for December complete.
| YTD | $1052.31 |
| December | $233.77 |
| November | $1885.49 |
| October | $1174.75 |
| Stock | Entry | Price | Stop | Profit | % Gain |
| CTSH | $64.98 | $69.24 | $67.83 | $149 | 7 |
| CY | $18.14 | $17.19 | $16.87 | $142 | 5 |
| LULU | $51.50 | $68.64 | $61.80 | $857 | 33 |
| NVLS | $33 | $32.44 | $31.65 | $9 | 2 |
| SBUX | $28.53 | $31.87 | $31.53 | $200 | 12 |
| TQNT | $13.08 | $11.89 | $11.78 | $305 | 9 |
| TOTAL | ------------ | ----------- | ---------- | $750.00 | ---------- |
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