Video trade recap and watchlist. See my recap of my great trade on XSNX which was the only interesting trade I had today.
Daily profit: $1,602.90
QELP – up 103% on no news but huge volume. Could be good either way. Long on strength, short on green/red action.
RVEP – same deal, up 100% (but on tiny volume of 150k shares). Both of these are master-limited partnerships that deal with energy (likely pipelines). What that means is that if you trade them you will have to file a form 1065 (annoying).
QRCP – long on red/green or breaks to new highs tomorrow. $0.90 is an important point but it will be overextended if it hits that so I wouldn’t look to buy then.
INHX – up 100% on huge volume and no news in three days. Short on green/red and fading price action. This is my prime candidate for a trade tomorrow.
Disclosure: No positions. I have a disclosure policy.