Trade Idea Twofer: Playing the Bounce
Stocks were on sale again this morning. I went bargain shopping and grabbed some swing shares in two beaten down names. I see potential for 20% in each of these picks.
Yesterday I told you guys I felt like the cartoon dog who sits in a burning kitchen pretending there's nothing wrong. That pretty much was how I felt until I saw those diabolical recovery candles in the major indices. That was a pretty breathtaking recovery and though I did hypothesize in yesterday's post that the pain probably wasn't over, even after t…
Keep reading with a 7-day free trial
Subscribe to Heretic Speculator to keep reading this post and get 7 days of free access to the full post archives.