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Another important day in the market about to unfold, with TSLA making another run at 600 and AMZN taking a nice pre-market pop too.
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Did a couple quick AMZN trades today, 3181 to 3186, and 3178 to 3181. It's much higher now, but can't look back. My long term AMZN shares would like this to be back over 3400, and stay there this time!
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Yesterday the market sold off and I got stuck in a TSLA day trade at 621 (after booking a few prior trades with no problem). Extra shares on top of my long term, you quite understand.
I was going to average in more shares in the pre, but ended up just leaving it alone. I entered a take it or leave it sell order at 623, and surprisingly, it filled! It's lower now but still above six hunny, which is good for my long term shares.
I expect it to hit 700 within a couple weeks. Cha'ching!
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611 to 614 quick TSLA trade.
Meantime, STAY ON TARGET with those long term shares. 700 coming.
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Did a quick 615 to 618 TSLA trade.
On my long term TSLA shares, I'm looking for 700. Stay on target!
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Some profit taking on AMZN today. Should get back into the 3210s by end of day though.
Meantime, TSLA marches up and onwards!
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I did a couple AMZN trades today no big deal, easy money 5 points each but then got stuck at 3215. I figured, well this one I will need to hold, as it went down as low at 3175 or so. I did not average in.
It made a mighty run back up though all the way to 3201 at the close, I entered a sell order for 3216, to my surprise it eventually filled, and then added another 12+ points in the A.H.! to close at 3229. Impressive.
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TSLA is experiencing a "sell the news" situation. Pushed almost to 700 on anticipating of inclusion into the S&P 500. I believe that retail buyers took it up to those heights, and that now after retail sells off, institutions will swoop in to buy and take it back towards a new high of maybe 800.
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I try not to get out of bed before booking at least a K.
In keeping with my bottom feeder tradition, today, I booked far more than a K today:
TSLA 624 - 627
AMZN 3185 - 3188
CMG 1413 - 1416
Sold myself short on all three trades, but money is money!
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12-24-2020, 08:38 AM
#100
Just one trade today AMZN 3181 to 3184. Market closes at 10am PST.
Happy Holidays!
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