We exited dzk at the close yesterday at 62.34 for a 6.7% gain. The only swing trade left right now is PM and it is a hold for today.
Typically on gap up days there are not many swing trades to find.
Also I received an email regarding transaction costs. My cost per trade is $2.00. So its $4.00 round trip on the trade which is pretty minimal. I use Vanguard brokerage for my trading and it takes a sizable amount in your account to get the cost that low. The most you should be paying is 9.99 per trade. And there are online brokers where the cost is much less. So shop around.
Finally I dont trade on margin.
RickJ
Rickjshandicappingpicks.com
Twitter: rickjsportplays
