UNG

My stops are like magnets.

Anyways this market is offering nothing on the long side, maybe a bounce here for a quick flip.

Some Ideas

After the carnage is over here, look to medical devices, select biotech, education stocks, water stocks, not exclusively, but for longer term trades they show potential.


IHI, is already in the long term account @55 and change.
PHO in longer term account @ 19.

Tanking

The market is tanking badly today. Maintain some common sense if you dare delve into this market. Solar tanking Ag tanking and many many more.

HANS

I moved my stop up and then watched as HANS stopped dead in it's tracks reversed and proceeded to come down exactly to my stop.

Yikes

Yeah it's vicious in the markets today unless your a bear.

UNG

Watch for a bounce around 33.50

WPRT

Was just stopped out of WPRT -37 cents, amazing it spiked down to 12.09 where my stop was, it filled me at 12.23.

Heads up

Potential trades,
HANS around 27, start with a small position set stop around 26.40, Yes it looks like a risky trade.
AMZN 81 to 82 with a stop below Fridays low, keep position size down.

Don't let these sell off while your in the trade. Or wait for better conditions to start trading.