U.S. stocks finished mixed today after recovering from an early morning drop. Weakness in the euro pre-market pushed the dollar higher as the S&P 500 gapped down at the open, hitting the 1266 level by 9:45 AM. But stocks clawed their way back throughout the day and the S&P finished +3.76 to close at 1281.06, ahead of tomorrow's important jobs report.
Today's portfolio winner was USU as it gained over 9% to close at the daily high of 1.42. USU is now +18% from the trigger point on Monday night's chart post. I took profits in USU today, which I may regret in the days ahead. CXM also triggered from Wednesday's pre-market alert and closed up almost 17% at .353. I have no position in CXM at this time.
A position was initiated today in HSOL at 1.07, which closed strong, ending up over 7% to close at $1.14. Another solar stock that I bought today was JASO, initiated at $1.37. JASO closed down .01 at $1.36. This is a sector which I think could bounce further off the bottom from extreme 2011 year end tax loss selling.
AFFX dropped a bit over 2% today, so I closed the position at 4.18 for a small 2% loss from my $4.26 entry yesterday.
1 comment:
Nice work today.... never regret the profit!!!
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