Tag: $WYNN

breakdown of a big winner

Last week I closed out the last half of my biggest winner of the year.  Let’s take a closer look to see what lessons and tactics we can take from it and use going forward. As I’ve mentioned before, I had a lot of success trading precious metals miners from 2008 to 2011 which, understandably, caused me to grow fond of them.  Unfortunately, this fondness had me “going back to the well” more often than was warranted, resulting in unnecessary losses.  The lesson here is to not become so enamored with a particular investment that you are ignoring or discounting the pitiful technicals.  In other words, don’t fall in […]

821x buy: OMN

(watch video below for market recap and trade details) OMN – buy with a limit price of $6.92 Other 821x buy ideas: BANC –  buy with a limit price of $19.94 PGEM – buy with a limit price of $14.92 VRTV –  buy with a limit price of $38.95 BLKB – buy with a limit price of $62.12 WYNN – buy with a limit price of $95.96 ROIC – buy with a limit price of $20.20 F – buy with a limit price of $13.45 MSFT – buy with a limit price of $52.32 SBNY – buy with a limit […]