Friday, September 23, 2016

Sept 23 - Closed out TWLO, still long WFC, LN

If today was just a shakeout in TWLO, they got me.  I got stopped out after that intraday consolidation pattern failed and also didn't like the weaker volume today.  Would be great to hop back on this one if it either starts blasting up again Monday or we get another consolidation.  Either way, not easy trading anything nevermind IPO's at the high end of its range.  I'll take my 100% return on my Oct 55 calls.

LN is perking up nicely and will def hold this one.  Up 50% here.

WFC not going anywhere but I will give this rope.  As for the overall indexes, today's selling appeared weak but might be better to wait until Monday to see more.

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