A Modest Comment by a Modest Man
Thus far the market is rallying strong. Could this be another head fake? We'll see. Whatever this movement is, I am glad to see the position in GRMN up $5.50 this afternoon, since today was going to be a day we might have gotten out. Here is another trade I placed this morning...
Symbol: FTO
Trend: Uptrend, support bounce.
Target: Earnings Announcement on 8/7
Trade: Aug 32.5 @ $2
Why?: Ride a little price & volatility move up to earnings.
I'll be in touch...