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FOMC interest rate announcement at 2:00 pm ET…expected that rates remain unchanged.
FB has earnings after the close today.
BABA has earnings before the open on Thursday.
Pre-market Up: EL, GRMN, NFX, WYNN, AAL, FCX, DVN, MGM, MOS,
CHK, CXO, AMD, PX, CHRW, FTI, NUE, CLX, AGN, MU, MRO FB, NVDA, ALGN, STX, MYL,
CELG,SWN, AA, CRM, MA, LRCX, BAC, SLB, HAL, MRK, APA, AXP, SBUX
Pre-market Down: EVHC, ZBH, FISV, EA, SYMC, UAA, GE, CTSH,
MCHP, ALK, GM
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2 comments:
Hi Dave
We took the same trade as you did on MU on Oct 16 but we got stopped out on the 19th when it hit the stop at 39.88 based off 1% below the low of 40.32 on the 13th. You did not get stopped out. Did you have a different stop?
Thanks
Bruce & Susan
Bruce and Susan...yes, used a different stop. The corollary principle on any exit is when you get stopped out, look for re-entry on the next bounce which occurred on Oct 30, that way you don't get left out when the trend continues...Dave
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