07-08-2013 Trading Journal

Market opened up but it traded around the opening range (30 min) all day.

Meanwhile, I added to $INO after reading the  announcement that its preclinical study of its influenza DNA vaccine against the virulent, newly emergent H7N9 flu virus had 100% of the vaccinated animals protected against sickness and death when they were challenged with a lethal dose of H7N9 virus. See link here for full story.

I also sold the remain of $YNDX to put the money into $INO as well.  I see potential momentum in $INO but it will be up to the money flow if $INO will fall or rise from here.

I also bought $DNDN after seeing price action took out Friday high.  $DNDN had been on a consolidation range basing between $3.80 and  $4.20.  Today upward momentum might be a start of a slow climb toward July 29th earning announcement.

Current holdings:

LRAD, AMRN, BIOD, TINY, CLIR, ATRS, INO, KOOL, DNDN, CUR and 7% cash.

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Categories: Daily trading Journal

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