Happy Valentine’s Day!! If you haven’t checked it out already, I interviewed Josh Hayes from Big Wave Trading. Read it and comment with questions or thoughts!

First, I am cutting IEC and MNTX from the portfolio. Both were losing trades and their charts didn’t look very promising. Also, I can’t stress enough the value of limiting losses by selling out of positions that are down a certain percentage. With the more volatile stocks you can sometimes go from down 5% to 12% in one day. IBD says 8% is a good value to set your stop loss. Sell anything that drops below that level.

Next, the longs for the day are OIIM, BSQR, and SSW. Enjoy!

Seeing a big gap higher on huge volume as OIIM continues to climb.

I need a follow through here, but today was so strong that I think this stock is a winner.

Back-to-back days of strength suggests that SSW is poised to move higher.