This morning our trade idea, GCI (long), gapped up much too away from our entry and then it reversed. We usually do not chase the gaps and we will skip this trade.

Our Daily Trader portfolio scan generated following trade ideas for August 5th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Gannett Co, Inc. (GCI) Direction: Long Entry: 34.54 Stop: 31.09 Target: 35.92 Pattern: Expanding Candle Insmed Inc. (INSM) Direction: Short Entry: 12.47 Stop: 13.25 Target: 11.92 Pattern:…

Not all of our trades triggered this morning. Update the entry levels based upon ORB – Opening Range Bar (first 30-minute candle) – break.  CNQ (short) –  change entry to 41.94 SPLK (short) – update entry to 43.94 WU (short) – modify entry to 16.74

Our Daily Trader portfolio scan generated following trade ideas for August 4th, 2014. Market had a pretty big down day so all of our opportunities are on the short side. These are short-term trading ideas that are normally closed either the same day or in next few days. LinkedIn Corp. (LNKD) Direction: Long Entry: 201.88…

Many of our trade ideas fro August have triggered. Some have not. Some also gapped at the open. We do not chase gaps but wait for the ORB (Opening Range Bar) break. AEM (short) – change the entry level to 37.26 BLS (short) – change entry to 20.76 BLK (short) – move entry to 299.75 EOG…