Short - Gap Down. It's ticker is HOME because this was an A+ HOME RUN SETUP.... Sigh.... Almost shorted this first in the $14s around 7am but hesitated. At the open I got a sweet short entry and a decent first cover at 9.75. Then it bounced and spooked me, so I covered again at $10. It turned out to be an all day fader and got down under $9 at 10.30am....Still that's 7 wins in a row.
Test Short, this was looking like it was in my favor but there was this big buying volume so I got out right where I went short. Good thing I got out b/c this spike went to 10.40, I could have reshorted at that price. I dont normally reconsider re entering a trade as I used to be under PDT. This would have been a great short after that spike. Faded to mide 7's 3/share. Stock ran down to confirmed bad earnings response from the market. Also saw GES doing the same.