Following are our trade ideas for our Daily Trader portfolio for Thursday August 7th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Costco Wholesale Corp. (COST) Direction: Long Entry: 120.07 Stop: 118.95 Target: 122.43 Pattern: Expanding Breakout / Ascending Triangle Up Break Greenbrier…

Not all of our trade ideas triggered this morning. TGT (short) gapped down. Move the entry for it to 57.20 – just below the ORB (Opening Range Bar – first 30 minute candle)