Updates on Past Trades, & a Heads-Up on the Next One
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February 2, 2024
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PDT
Be
On the Lookout Tomorrow Morning
Good
day SCN Members!
Have you
been acting on some of our recent trading ideas? We hope so, since
a couple of them have already doled out pretty solid gains. AVNR for instance,
popped 14% yesterday on high volume, and is holding onto those gains today
in the face of a nasty headwind. This move puts us well up on the February
24th alert we issued, with more upside likely on the way.
The short/bearish
view on AMRN from March 1st is also working out pretty well. The stock's
fallen from $7.59 to the current price of 7.25... a dip of 4.4% so far,
but a move that's still going pretty strong with no floor in sight.
If you can grab
10%-20% on trades in a short amount of time, take it! Don't get
greedy. This game is won with singles and sometimes doubles and
triples, but the traders looking to hit homeruns usually are the ones that
take it in the teeth.
As for not so
hot, our alerts on AXTI and ZERO just haven't panned out, so we're hoping
you're long out on those two ideas. Remember, the market doesn't care about
you so why should we care about it? Let's not get married to these trading
ideas that aren't "going our way". Get out and live to trade another day.
Let someone else get left holding the bag. Not you.
Lastly, we
wanted to give you a heads up on our next trading idea coming out tomorrow
morning, before the open. Rather than letting all this market turbulence
push us (and our portfolios) around, we're going to make it work to our
advantage. Check your inbox early Friday morning - it'll be waiting
there for you.
Happy Trading
& Investing!
The SCN Staff
We
Value Your Feedback
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comments, questions or suggestions? Send 'em on over: Email
the Editor
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to send a written request or inquiry, please send it to our physical address:
TGR Group, LLC
4653 Carmel
Mtn Rd
Suite 308 #402
San Diego,
CA 92130
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