Finding Income
Published in

Finding Income

Trading Journal for 5/29

  • It is 7:56AM
  • SPX is down at 3010…apparently in anticipation of a press conference from Trump about China…
  • On the scanners…SNOA (+158%) up on news of disinfectant receiving approval for virus-related use in Australia…ADAP (+95%) on positive news of cancer treatment…PHIO (+82%) on positive news of cancer treatment…AGEN (+28%) on news of FDA approval…
  • News…rate of new mortgage forbearance has slowed…Trump’s press conference is at 11PM my time…
  • ADAP, now up 131% is trading in a range…it’s still under pre-market highs…maybe the volume will come in…+$25.10…it needs more volume than this…
  • Bottom bounce on SPX for +$98.95
  • +$200.10 on ADAP…it broke above pre-market highs but is still pretty choppy…might be too risky to trade…
  • Ate a big pullback on ADAP…down overall -$4,296.07 on the day…I really should be selling a non-winning position more quickly…

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