Watchlist for Tomorrow & Trade Recap - 7/28/2011

Very good day in the market today. Had some quick early gains in two trades, then 2 more bonus trades just after lunch time. Perfect way to wrap up the week. Just hope tomorrow is another good/decent day and it will be a perfect week.

You can view the video trade recap HERE! Does not include YOKU trade.

$686 gross gains today!

Tomorrow's Watchlist:
TQNT SQNS ILMN AKAM OSK TZOO IMAX VPRT
TS RCL ACOM NTGR VECO PCAR RVBD STEC

Long AKAM $24.58 with a stop at $24.17 Hit a high of $25.14 (.56/share) before hitting my stop. I liked the early high break as it gapped down after earnings  yesterday after-hours. I would have liked a bigger run just to make me feel good, but this move was enough to scalp some quick profits.

Long ILMN $59.03 with a stop at $58.90 Hit a high of $59.83 (.80/share) before hitting my stop. After coming down a bit, it continued to make new highs of the day and reached the $60 area I originally had hoped for. Meant to long it on  $60 break, but was pre-occupied in $TQNT waiting for it to hit my buy stop order. Eventually cancelled that one after I saw that I missed the nice .50/share run on ILMN on the $60 break.

Long SFLY $58.11 with a stop at $57.92 Hit a high of $58.37 (.26/share) before hitting my stop. Thought this would test highs, but it faded the rest of the day. I took my profits quickly. (No chart, wasn't anything special)


Long YOKU $37.52 with a stop at $37.37 Hit a high of $38.33 (.81/share) before hitting my stop. I saw this called on Twitter by @kunal00 and decided that the setup looked great and was something I would look for. So, I can't take all the credit for this call.

Video Recap: