Hey Guys,
The market is still hovering pretty close to all time highs today.
I bought MNST stock this morning. It had a big drop (along with some other consumer defensive brands like TGT) and is the only stock that's triggered so far today . I looked at the options for MNST, but they were too expensive, likely because earnings are coming up later this week. The anticipated volatility from upcoming earnings often causes options prices to be noticeably more expensive.
On Friday some more of my positions closed. FTNT hit the profit target. It was a same-day profit (bought it and sold it on the same day), which is quite rare with my service. What's amazing is that FTNT almost hit the stoploss right when I opened the trade, and then somehow it turned all the way around and hit the profit target in the same day. Very unusual! Also on Friday, my HUM position closed. It hit the stoploss. That stock was unhappy from the moment I bought it.
IDXX is proving to be like a wild animal. It came pretty close to hitting the profit target this morning, only to fall all the way back down to breakeven. At this point, it's about half way back up to the profit target.
If you have any questions or feedback, I'd love to hear from you.