Looking For Last Week's Momentum To Carry Through The Rest Of October
Looking For Last Week's Momentum To Carry Through The Rest Of October
We’re a little over halfway through October and the market has been behaving pretty reliably through what is traditionally a fairly volatile month. While the broad market seems to be in a holding position until the U.S. presidential election on November 3, the stocks I traded through last week saw a good amount of momentum after a brief period of choppiness on Monday and Tuesday.
我們已經過了10月份的一半多一點,在這個傳統上相當動盪的月份裏,市場表現得相當可靠。雖然在11月3日美國總統大選之前,大盤似乎處於守勢,但在週一和週二短暫的震盪之後,我上週交易的股票出現了良好的勢頭。
Those initial days of last week were mostly flat for my trading account, though Monday started off rocky with sizable losses in Monday’s leading gap stocks, Medley Management Inc. (NASDAQ:MDLY) and Lizhi Inc. (NASDAQ:LIZI). I took several shots at both of them at pretty reasonable share size. Unfortunately, I got in just as they were squeezing up before the charts broke down before reaching a halt. In particular, MDLY flushed out completely and I only barely got out before it was halted on the way down.
I ultimately finished Monday in the green after digging out of a fairly deep -$20,000 hole. Not a good way to start the week.
在挖出一個相當深的2萬美元的洞後,我最終在週一完成了比賽。這不是開始這一週的好方式。
Tuesday's morning watchlist was marginally more placid, starting off with a $6,000 profit in J.Jill, Inc. (NYSE:JILL) and a $4,600 win in PEDEVCO Corp. (NYSE:PED). Unfortunately, I gave up most of that in Medigus Ltd. (NASDAQ:MDGS) after the bell rang.
It wasn’t until Wednesday that momentum started picking up and I was able to focus in on one or two stocks each day. On Wednesday it was Medalist Diversified REIT, Inc. (NASDAQ:MDRR) while Thursday saw a strong move at the opening bell in Staffing 360 Solutions, Inc. (NASDAQ:STAF). Finally, I was able to tag up on the big move in Hertz Global Holdings, Inc. (NYSE:HTZ) in Friday’s premarket and then catch Kaixin Auto Holdings (NASDAQ:KXIN) after it came out of a halt.
Those final three days accounted for pretty much all of my profits through last week, about $115,000 between my main trading account and my IRA account.
截至上週,這最後三天幾乎佔了我所有的利潤,在我的主交易賬户和愛爾蘭共和軍(IRA)賬户之間,大約有11.5萬美元。
The results are an encouraging sign for the stocks I tend to focus on, since those first two days were murder on my accuracy. I’m hopeful this week will see more of the follow-through that the back half of last week had, but I’m still going to keep my max share size reasonable in case the market starts to waver in its support.
對於我傾向於關注的股票來説,這一結果是一個令人鼓舞的跡象,因為頭兩天對我的準確性來説是一場謀殺。我希望本週能看到更多上週後半段的後續行動,但我仍將保持合理的最大持股規模,以防市場開始動搖支撐。
譯文內容由第三人軟體翻譯。