Today's stock of the day ...With US stock futures in the red this morning and all of the markets in a free fall, including LSPD, there was only one really good, worth while trading opportunity at today's open. All you had to do was spot it and take advantage of it.
It was another ideal text book chart trading pattern and oooooh, what a beautiful pattern it was. You couldn't have asked for any lower hanging fruit than that. A real gift from the stock market God's!
After it's skyrocketing rise and steep pullback, I got in with WN at 10:02 am with 930 shares at $154.12. Then I just sat back, reclined, watched and admired it's steady ascent while sipping on my morning cup of joe. Given all of the markets were still weak and dropping and it was approaching 11 am, I got out at a little under its peak at 10:49 am right at $155.04.
At a really sweet .92 cent gain on the trade, I took in a super easy $855.60 in profits, on a really horrible and depressing day for the markets.
In most cases, even on bad days there are opportunities out there. All you have to do is be on the ball, spot them and take advantage of them.
GLTA.