The week's notes are below.
RevGen Trading
Notes
- The SQQQ trade was a momentum trade that was sold at a stop price.
- The WKHS trade was a momentum trade that was whipsawed and hit a stop price
- The MS trade was a breakout trade that hit a stop price. It was not expected to be a day trade.
- The NVDA trade was a momentum trade that hit a stop price. We incorrectly thought the 2 days left of trading left when the trade was started. Always have your plan out of your heads and onto a spreadsheet or paper before executing!
KDK Fund
- We purchased more shares of IBIO at a price of $1.19 and sold a Feb $2.00 call option for $0.11. This continues to build the covered call portfolio. Average price before selling calls is now $1.32.
- We purchased a share of Virgin Galactic at a price of $23.21. We have no plan to sell.
KeaneVCC Charity
- We will make our next charity donation mid to late next week. Work from RevGen and KDK Fund have done great.
** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like research done on a stock you own or are thinking about buying, email at keanevcc@gmail.com **
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