Wednesday, May 03, 2006

Mid-day Update

I'm back in business. A faulty modem was causing my internet service to fade in and out several times daily, and we all know how fatal that can be for day traders.

Although I wasn't able to trade, I noticed some nice moves from the Watch List - CYMI did a perfect pivot this morning and is up $2.50. TZOO hit the ground running and I thought I had sold near the high this morning. Not quite, shy by almost a point. It has pulled back sharply. We probably won't get another move from TZOO today, but it could be on the watch list again for tomorrow. AAPL took a dive off of the open this morning but is recovering nicely.

We also had two big winners from the Focus List published early yesterday morning:
LRCX and OVTI have had nice breakouts and are up 2.5 pts each.

The SOX is finally having a good day!

Update 2:30 EST - The NAZ has violated the April low on an intraday basis. Let's see how we close.

No comments: