What a great day! Solid accuracy and a couple of base hits that ended up being BIG winners.
My trade on $WATT was based on seeing the stock hit my HOD momentum scanner, and at the same time, hearing a headline come across my Benzinga Streaming News Feed that said $WATT was spiking up on news that it had an exclusive deal with Apple. As soon as I heard those words I jumped in, knowing it would almost certainly be good for a scalp. Unfortunately, the article being referenced in the headline was completely unconfirmed, and the stock quickly retraced it’s move as short sellers piled in.
Learning to hear the headlines and quickly recognize the profit potential is what can give you an extra $1500 in the middle of the day!