Tag Archives: TaurusTrader picks up nicely

TNA sold for 18.7% profit and AGU sold for 10.7% profit …. No Picks for Friday

I did not spend much time following the markets today … As I informed you in my earlier post that I was busy taking care of my other business interest in agriculture (ZeaMax Research) …. So, I will not provide market recap, but will straight proceed to discussing TaurusTrader portfolio.

It was a great Thursday for TaurusTrader portfolio.  AGU hit its profit target ($41.50) for 10.7% profit.  AGU was bought on 3/19/2009 for $37.50 a share. 

TNA was even better …. it made 18.7% profit in less than 2 weeks.  TNA was bought on 4/02/2009 for $20.05 a share, and sold today for $23.80. 

TNA and AGU make  five trades closed for profit this week.  Other positions closed were – CMED, AMR and XRT.  XRT  however, was stopped out, but the trade was still profitable!

TaurusTrader swing portfolio currently consists of – WNR, AMR (50%), FCN, HON, HSP, WDC, EXP, FMX, and GNK.  All the picks advanced today!  Incredible!!!

Tomorrow is option expiration day …. too much volatility is expected.  So, I’ll wait till next week for new picks.   PATIENCE PAYS …..

Have a great day and a superb weekend ….  If you had invested with me, you have already assured yourself a fantastic weekend!!!  

TaurusTrader

http://www.taurustrader.wordpress.com

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Extend TNA Target to $23.80

Stocks are flying this morning on the back of favorable FASB’s decision on mark to model accounting for banks. All our picks from yesterday were activated and bought, some at slightly above the entry limit.

When the overall market does good, small caps usually do better.  So, TNA is already up big, and might hit my original target before the end of the day.  I expect more legs for TNA to go up, hence I’m suggesting rising the target to $23.80, and the stop to $17.95.

TNA – Buy above 18.60, stop at $17.95, target 23.80 (very volatile and risky)

DOW, DD, HSP, EXP, WDC, WNR …. are all up nicely.

Please adjust your stops to protect profit from disappearing and turn in to losses …

Best of luck trading …

TaurusTrader

https://taurustrader.wordpress.com

BMC and BX sold for profit … RY, TCK, MBT up big …

In TaurusTrader swing portfolio, BMC has reached its profit target @ $32.00 thos morning netting 8.6% profit.  TaurusTrader bought BMC for $29.46 on 2/24/2009.

BX also hit our profit target of $7.50 for a net of 18.9%.  TaurusTrader added BX to swing portfolio on 3/16/2009 for $6.31. …. Great!

All positions are up nicely this morning, and the most notable ones are RY ($30.00), TCK ($5.20), MBT ($30.90) and RIO ($14.65)   ….

FAS, MS, WFC are also trading well from our day trade picks ….

Hope you are having a nice day too …

TaurusTrader