The stock market had a fantastic day.
Dow rocketed and closed up +275.56 (+2.47%)
Nasdaq up +75.11 (+3.04%)
S&P up + 33.38 (2.86%)
Remember our picks for shorting? TIN and SWS? The timing was off a bit. Thursday will be the day! SWS closed at 30.99 up 0.45%. And TIN closed at 4.96 up a whopping 3.77%.
Two more picks for Thursday. Conn's Inc., and MGIC Investments. Conn closed up 38.79%. One of it's best days. And MTG was up 25.76%. Another surprise, when you consider that the housing market is still in bad shape.
Pay attention! Our picks are all for shorting.
Let us know how you are doing.
Have a great day.
The blog is about trading stocks. Most of our trades are short sell. What goes up must come down. It's a matter of when. We will give an account of each trade.
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