Momentum Trader Report: 01/22/12

22 Jan

Posted by Momentum-Trader as Momentum-Trader Report

Not much movement in the Indexes on Options Expiration Friday, with the exception of the Dow, which closed up .76%.

Some recent triggers which I am holding made nice gains later on Friday afternoon, and of those, the best were GLDD, LHO and RBA.

NOG on the other hand, turned around and hit my stop. I had high hopes for this one, as I thought it looked like a strong chart. They can’t all be winners, and this I am out of this one for now.

Trade Ideas for 1/23/12:

There are fewer charts setting up, since many of them have already made nice runs. At this point, I am only looking at the best charts, and to my eyes, CPT was the best one I could find.