Stocks on Watch for Tomorrow:
IDCC TZOO SLAB HCA RVBD NFLX BRCM IMAX
I will post a detailed watchlist tomorrow morning during Pre-Market.
Scroll to the bottom for the video recap of today's trades for those of you, like me, who are too lazy to read OR watch it HERE.
Short IDCC $71.23 w/a stop at $71.42 Hit a low of $70.86 (.37/share) before hitting my stop. I shoulda coulda covered in the $70.90s when I was up $100-$150 on this trade. I got greedy and held on for mid-$70s. 5 seconds later I was stopped out for a loss of $95.
Long KSS $56.03 w/a stop at $55.93 Hit a high of $56.43 (.40/share) and didn't hit my stop until 5 minutes before the close. I got out of this trade for a 1 penny gain after getting impatient. It eventually grinded up to new highs later in the day. With more patience, this could have been a nice/profitable trade.
Long TZOO $61.36 w/a stop at $61.10 Hit a high of $62.39 ($1.03/share) before hitting my stop.
Long SLAB $35.43 w/a stop at $36.20 Hit a high of $37.47 ($1.04/share) before hitting my stop. This had a big gap down on earnings and nice sell off at open. I was waiting on a close above the 8 EMA, but saw a very nice low-risk entry on the 5 minute chart and decided to take advantage of it.
Long SLAB $37.25 w/a stop at $36.92 Hit a high of $37.47 (.22/share) before hitting my stop. I decided to re-enter the trade in the hopes that it would test highs and possibly break it. I was able to sell the majority of my position into the first pop and was stopped on flat on the last bit. I will definitely keep this on watch for tomorrow.
VIDEO:




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