That Stings

Ouch. DNS -168, -45, -21.

Trades:

JKS gapped down so I bought more shares and calls.

PTEN tripped its trailing stop loss order, +28.6%.

I bought calls on DRYS, MNTA, PWER, and RES, and could have paid less for each of them.

Distribution Days:

One of my scripts counts the number of distribution days over the last nine days. There's a big jump in stocks with 5 d-days, and a couple with 6. That's not surprising ... just an indication of a moderate downturn in the market. It could get worse, but if it doesn't, here's a list of stocks only sporting zero or one distribution days ordered by d-days and growth over 4-weeks: RBCN COCO, one d-day: HNR VDSI ACIW SSW DIOD TRLG FIS UDRL TSU SCHN EVOL SMS AUO. These stocks have escaped some of the heavy selling, for whatever reason.


Reversal alerts: (10) of which only COGO and SYKE have any growth.