Gappers Aug 2, 2013

GAP UP - $MHK, $VIAB, $AIG, $IMGN, $ACTV, $MELI, $LNKD, $PNW, $RMD, $EAT, $LF,$SYNA, $KRFT, $UPL, $ATVI, $YY, $TS, $SWN, $CVX

GAP DOWN - $MRC, $WPRT, $VCLK, $AVG, $OPEN, $ETN

COP long

$COP - this looked like an awesome play since the 1st 5 min looked good and it started going higher. The daily on it was very nice and above 66 was an awesome trade. But see how this did not work and when it did not hold the whole number, I just exited my position. See how it fell later. Struggled to go higher and when this happens, it is time to book your profits or just stop at break even.

ALL long

$ALL this was my favorite play today. See how the 5 min was never broken and how beautifully it consolidated at 52 holding the whole number and then it started going up. I added heavily into this play and did not need much movement as I took exit as it went up. Got good on this.

DTV support play

$DTV was a perfect support play, the stock gapped down exactly to support, I played it long and it worked nicely. If it broke 60 down and struggled to go up, this was a perfect short.. but it worked long.. this is how you change your bias depending on what the stock does at that moment.

PG long

$PG long did not work as I had expected. I liked it a lot above 82, but it just is stagnant and is not moving at all. I made little on this. Still like it above 82, but will not get in.

CBS long

$CBS - played long close to the reversal time of 10am. Added heavily to the position. This is not a very ideal play since the 1st 5 min was broken. Played it very tight and got good money on it. This would have been ideal if the 1st 5 min low was not broken.

Gappers July 1, 2013

GAP UP- $PWR, $PHH, $CTRX, $NUS, $PG, $ALL, $LNC, $RKUS, $CTRP, $THOR,$YELP, $TRLA, $PPC, $CBS, $LKQ, $COP, $PCYC, $WFM;

GAP DOWN - $ROVI, $DTV, $VPHM, $ADP, $IRM, $MT, $LRCX