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Welcome to the WallStreetTape.com Swing Trading Stock Picks Blog.
Friday, July 01, 2005
Swing Trading Stock Picks for 7/1/2005
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.
Stock Market News Always Updated!
Click Ticker Symbol for Stock Charts
Currently Open Positions:
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 17.10pts. Maintain your protective stop at 42.50(+12 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 6.58pts. Maintain your protective stop at 20.80(+4 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.
SYMC - 6/15/2005 - Long from 21.35. Maintain your protective stop at 20.35. Initial target price $23.35.
NBIX - 6/29/2005 - Long from 42.15. Maintain your protective stop at 40.65. Initial target price $44.15.
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 7/1/2005
None.
Today should be a light trading day ahead of the holiday weekend. No need to rush into additional positions. Be patient and make sure you have you protective stops placed on all open positions.
Have a Happy and Safe 4th of July!
Commentary: Make sure your protective stops are in place on all open positions.
Stock Market News Always Updated!
Click Ticker Symbol for Stock Charts
Currently Open Positions:
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 17.10pts. Maintain your protective stop at 42.50(+12 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 6.58pts. Maintain your protective stop at 20.80(+4 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.
SYMC - 6/15/2005 - Long from 21.35. Maintain your protective stop at 20.35. Initial target price $23.35.
NBIX - 6/29/2005 - Long from 42.15. Maintain your protective stop at 40.65. Initial target price $44.15.
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 7/1/2005
None.
Today should be a light trading day ahead of the holiday weekend. No need to rush into additional positions. Be patient and make sure you have you protective stops placed on all open positions.
Have a Happy and Safe 4th of July!
