Stock Market Swing Trading Blog

WallStreetTape daily swing trading stock picks. Full commentary available at www.WallStreetTape.com

Commentary: Make sure your protective stops are in place on all open positions.

Click Ticker Symbol for Stock Charts
Currently Open Positions:
KMX - 5/10/2005 - Short from 28.40. We are up over 3.56pts. Maintain your protective stop at 28.40(+2 in the money). Initial target price $26.40 hit on 5/13/2005.

MLHR - 5/13/2005 - Short from 28.85. Maintain your protective stop at 32.35. Initial target price $26.85.

ENWV - 5/19/2005 - Long from 30.50. We are up over 15.72pts. Maintain your protective stop at 40.50(+10 in the money). Initial target price $32.50 hit on 5/20/2005.

SMSC - 6/2/2005 - Long from 16.80. We are up over 3.87pts. Maintain your protective stop at 17.80(+1 in the money). Initial target price $18.80 hit on 6/7/2005.

VAR - 6/7/2005 - Long from 36.98. Maintain your protective stop at 35.30. Initial target price $38.80.

CREE - 6/14/2005 - Long from 27.00. Maintain your protective stop at 25.50. Initial target price $29.00.

SYMC - 6/15/2005 - Long from 21.35. Maintain your protective stop at 20.35. Initial target price $23.35.

Remember that we are looking for 1-3 point moves on our targets. If reached, make sure you are closing at least 1/2 of your position.

Closing Positions:
None.

Daily Stock Picks for 6/16/2005
None. At the moment I feel that we have enough open positions to manage.