We sold three stocks from the Trade Anatomy portfolio today. TNP was sold at 9.66, IPHI was sold at 23.45, and MSLI was sold at 2.42. There were no positions removed from the Watchlist portfolio today.
Today started with a bang and ended with a bigger bang for the overall market today. WIthin the first few hours many of our positions had found solid footing, but the continued pressure from the overall market was to much by the day's end. Surprisingly we are still positive on the month by a little over 1%. Tomorrow we will be watching all of our positions for any sign of weakness which puts the remaining open positions on possible sell alerts. From the current list of open positions, CYBR did close below it's trailing stop today. Depending on how the overall market is behaving tomorrow morning, CYBR might be allowed to remain an open position into the close.
Tomorrow CORT and BSFT will be sold on the open from the Watchlist portfolio. Both have breached their initial stops. The watchlist will also see ACLS, FSI, SURG, TNK, GVA, RTIX, NPTN, TSEM, SNCR, and RDWR removed as possible long candidates.