Another 3% drop in the DOW today with news that the latest coronavirus stimulus bill didn’t pass with enough votes in the Senate. Slight rise in sentiment might bring a rally, especially if the stimulus bill passes soon.
We’re flipping several from short-long as well as a few new orders. See below.
NEW ORDERS:
| DATE | TICKER | LONG/ SHORT | ORDER TYPE | ENTRY $ | STOP $ | NOTES |
|---|---|---|---|---|---|---|
| 3/23 | CC | Long | LMT-GTC | 2310 | Flip from Short | |
| CT | Short | LMT-GTC | 52.77 | 57.57 | ||
| JO | Long | LMT-GTC | 106.7 | 89.35 | ||
| KC | Long | LMT-GTC | 120.65 | 113.95 | ||
| PL | Long | LMT-GTC | 627.8 | Flip from Short |
ORDER UPDATES:
| DATE | TICKER | UPDATE/ CHANGE | ENTRY/ AVG $ | STOP/ EXIT $ | Notes |
|---|---|---|---|---|---|
| 3/23 | CC | Close | 2572 | 2257 | + 10.55% |
| PL | Close | 975.1 | 627.6 | + 27.51% |
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