First off you can find my current holdings and performance here http://jatrades.com/performance/ . This market is becoming tricky to trade. I am keeping a very close eye on all of my positions and I am not jumping into any new trades without merit.
$TRR will probably be the first of these stocks that I cut. It closed above support which is a good sign. It is also potentially flagging on the daily but there is simply not enough conclusive evidence to hold onto this one much longer. Also has nauseating low volume which I did not fully realize when I entered this trade.
$NKTR this stock is strong. Some consolidation on the daily in preparation probably or another move upwards. With no obvious resistance in sight I am setting my sights on $14… whether the market lets us get there or not remains to be seen but I will hold this stock until it gives me a reason not to.
$HCBK strong move here and similarly to $NKTR there is some consolidation happening. I expect this stock to move to the 212MA which is around 9.79. Depending on when and if we get there I will decide to either scale down my share size or sell the position entirely.
Last but not least I am long $NUGT. I did not want to include the chart because it is just ugly and there is really nothing I can say to change that. I am in $NUGT because I believe that it is the right play in this market environment. That is about all I can say about that but I plan to hold on to this one for a decent amount of time.