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Author Topic: Dariens Take for 1/31/13
darien3118
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Posts: 15
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Post Dariens Take for 1/31/13
on: January 30, 2013, 19:31
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Wow what a day today was, GOOG made some great moves this morning ultimately leading to a huge green day for me! Hope others had luck shorting AMZN, and playing RIMM! Todays watchlist will be short and to the point as not much is on my radar after today.

1. AAPL (of course)

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AAPL today was very dissapointing in movement and that's why I didn't trade it, stocks like GOOG and AMZN took its spotlight. However after a day like today, I think it sets up tomorrow to be a great day to trade AAPL, I will be looking for a gap up or down doesn't matter, and for it to do the opposite of its gap if it fails to move >$2 higher or lower.

2. FB
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Now I know I talked all week about how I was going to play earnings, but yesterdays action really was upsetting, and although I still was right about FB beating on earnings, it didn't have a beat in stock price. Dropping to a low of $27.90 and bouncing back up, it was a great afterhours trade if your into that. I will be looking for upwards movement tomorrow throughout the day and with a $32 target in mind.

That's all for tonight. Later folks!

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