“Imagination is the beginning of creation. You imagine what you desire, you will what you imagine, and at last, you create what you will” – George Bernard Shaw
Another little bit of a rest day for many stocks whose charts still look exceptional.
I bought some NASDAQ:LITE and NYSE:TWLO today and I’m getting very full up in terms of stocks.
As long as stocks continue to work and act properly there really isn’t much to say.
I try to find the best stocks and the right entry points and so far, so good.
NASDAQ:ACIA reports tomorrow after the close and I’m thinking I may hold my position since we are in from $38 and it’s at the $70 area now but I will make my final decision later Thursday.
I’ve had more success than not holding positions this earnings season.
It’s a rare market I will hold stock over earnings but this is that type of market.
I do remind you that I am posting my trades live on twitter @iTraderz which is a service I charge for over the winter months when I spend more time in the office while summer I try not to as much.
NYSE:SPY was a tad weak today but not really since we remain above the latest breakout level at 217.50.
I’m looking at the 217.35 area for stops but I may give it to 215 since I’ve got an entry much lower.
I continue to hold my 10% weighting in SPY from 202.