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Mixed Reports day, labor is not as strong as it seems


As expected, UBER takes a humongous fall as they fail to meet earnings.  Unfortunately, we were locked in a position with COSTCO and could not capitalize on time. *
Will be monitoring UBER and LYFT as a result of this earnings loss.

*LESSON* Move out of positions faster to open up opportunities.


Other Moves Today:

Bought 100 XNET @ 5.943= 594
Sold 100 XNET @ 6.5353 = 653

GAIN = $59

Bought COST 300 @ 296.36 = 88,908
BOUGHT COST 400 @  295.97 = 118,388
                                              sum = 207,296

 SOLD 700 COST @ 298.00  = 208,600

 GAIN = 208,600- 207,296 =  $1,304

In Macy's news the analysts are pushing the stock as a value stock and investors are flocking to pick it up.  This has pushed Macy's up 5 Percent today, I feel it's not in line with current trends and it will fall back into place. Therefore:
SHORT SALE
M 5000 @ 16.60 = $ 83.000
RESISTANCE DETECTED at $16.60
            Alert > 16.75
            Alert < 16.33

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