Another solid day for us in the SharePlanner Splash Zone. While Fuinhaz traded sideways early on, he was finally able to gain some traction with SunPower Corporation, (SPWR) with a nice short that took the price from $33.40 down to $32.88.
Here's the trades:
On the Swing-Trading front, none of the existing positions were closed out but they did increase in value as Cummins Inc, (CMI) rose about 1%, and Markwest Energy Partners LP (MWE) another 0.7% while keeping the hedge in American Axle & Manufacturing, (AXL) and adding a nice short in Hertz Global Holdings Inc, (HTZ) at 23.62 and finishing the day at $23.35.
As for tomorrow's swing trade setups here they are for your trading consumption:
Short Pinnacle Entertainment (PNK)
Long Applied Materials (AMAT)
Short Sony (SNE)
Long Portland General Electric (POR)
Short Rowan Companies (RDC)
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