I'm still buying here but not feeling good about it. This morning I thought we might be coming out of last week's slump but the day's action sure didn't help to confirm it.
Today's trades:
BRKS hit the trailing stop (+8.7%).
I bought VSEA stock and Dec. calls.
I rolled my Nov. PWER ($9.06) 8/10 bull call spread to an 8/9 spread. That reduces my cost but also locks in a loss since now there's no way the value of the spread will ever cover my cost. But I think minimizing my loss here is the best I can realistically hope for.
Reversal alerts: (t2) KMB & QCOM, (hlr) CTSH DOX GRMN NBIX RAH SONA & SPIL. QCOM is a marginal pick here, based on valuation. Modest growth and the chart pattern doesn't make a stronger case.
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