Wednesday, April 24, 2013

Open positions and watches for tomorrow!

I'm currently holding a single position which is a short trade in $SPW; one of my ideas from last night's watch list. Although I didn't get the big red close I was hoping for, $SPW still closed red on a day when the markets closed solidly green. Should the relative weakness in $SPW continue, even slight selling in the markets tomorrow or Thursday and odds are very good that $SPW will begin pulling towards my $70.00 target.

Not seeing many swing ideas tonight and this may be a sign to limit trading activity until the markets give a clearer picture of what its likely to do it the coming days/weeks. With that said, here are the few ideas I found for tomorrow:

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