23 May 2017

HNL TRADE Co. -- Main Portfolio

Watchlist -- 24 May 2017

Trades

Limit Sell 280 shares of AR @ $22.54 (5%)

Limit Sell 617 shares of CPG @ 10.56 (5%)

Limit Sell 192 shares of FPRX @ $31.31 (0%)

Limit Sell 830 shares of OMED @ $4.14 (0%)

Limit Sell 855 shares of POLA @ $5.83 (0%)

Purchases:

N/A

Sells:

Sold 119 shares of USB @ $52.00 for a 1.35% gain

Thoughts:

Today was good! Hopefully the start of the positive trend. We let go of our of position of USB; it just wasn't performing well enough to be on our portfolio right now. We are going to stick with a "B" rating for our portfolio strength going into Wednesday morning. Note the Tuesday morning pre-market price of PTI; opening @ $4.14 representing a 5% gain. Don't hold your breathe, but PTI is mimicking the same trading pattern as GLYC did two weeks ago. Also, POLA did well today...we still have lots of recovery to do on it, but hopefully it maintains direction. We most likely won't make any investments tomorrow. The market is at it's recent resistance point and we'd like to see something that represents stability before we move forward. Naturally, there's always the chance we have to make a move on something. Happy Trading!

James PauleyComment