Yesterday, I re-purchased the 1/2 NTI long that I had sold the previous day. Earnings were excellent and I bought early weakness. The only question mark will be my unwillingness to keep it through distribution. I discuss this issue in the link below:
http://www.effectivevolume.com/conte...-August-5-2015
I also covered half of the LB short position. I do that when a new position starts moving against me.
Finally, I also entered a new WMT short position. This makes for a completely neutral portfolio.
The trade ideas for today are below. FSLR is a Breakout on Volume. Earnings were excellent and I plan to buy if it is not too extended.
KLAC is a short on a Breakdown on Volume.
The FTNT trade is discussed here:
http://www.effectivevolume.com/showt...8751-FTNT-Long