10:45 Update
Thursday MLB Play
Toronto +108
9:00 Update
I exited my swing trade this morning: Bought 470 EXPD 44.45 Sold 470 EXPD 44.79 Or .765% in an overnight trade. Typically my swing trades are 2 to 7 days. But in this environment I am going to take what the market gives me….also large gap ups are the worst environment for swing trading …first they preclude you from making new trades as rarely do you get a gap up of 1.25 % and have it gap and go…you either get a pullback…gap fill or consolidation. Also I do not think we have heard the last from Greece which should provide another buying opportunity. So its wait and see for me again.
Nothing developed on Wednesday. Today a few games to watch the numbers closely but nothing yet stands out.
Early Thursday MLB Weightings:
909 OAK – J Chavez
910 NYY – M Tanaka 1
913 TB – N Karns 0
914 KC – Y Ventura 0
911 TOR – R Dickey 2.5
912 CHW – J Samardzija
901 STL – C Martinez 0.5
902 PIT – J Locke
903 CIN – M LORENZEN 2.5
904 MIA – J Fernandez
915 HOU – B OBERHOLTZER
916 CLE – Co Anderson 0.5
917 DET – D Price
918 MIN – M Pelfrey 1
905 ATL – A Wood
906 COL – K Kendrick 0.5
907 PHI – S Gonzalez 2
908 LAD – Z Greinke
919 LAA – G Richards 2.5
920 SEA – F Hernandez
In the Markets after a nose dive yesterday the Market gaped up over 1% on the open and is now still up over 1%. The swing trade I put on near the close yesterday is up 1.19% as I write this.
These newsdriven markets give great opportunities but timing of trades has to be very precise. There have many opportunities for short term gains on the Greece news and yesterday China was at the forefront for causing the dive.
In any event with the market up almost 200 pts we are back into no edge land and its my intention to exit my stock swing trade by the end of the day.
I only post my ultra conservative SSO/SPY swing trade here. If you want all my swing trades you can sign up for a 2 week free trial by either emailing me or putting in a request on my private twitter feed rickjswings
Good Luck Today
RickJ
Rickjshandicappingpicks.com
twitter: rickjsportplays
Twitter: rickjswingtrade
Private Twitter: Rickjswings ( send me an email for a 2week free trial)
