Friday Trade Alert

 

With HPQ and TWLO both hitting +35% profit taking targets the portfolio has room for some new trades. Despite my not being fond of taking trades going into weekends, a Buy Signal is a Buy Signal. These two are in the same sector, Consumer Goods, which makes it likely they are going to move together. Whether taking them in the last hour of trading today, or at the Open on Monday, here they are: 

NEW BUY SIGNALS

General Mills (GIS) @ $50.50 - Target $55

June $50 call (trading @ $2.00-2.10) 

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Procter & Gamble (PG) @ $105.50 - Target $110

June $105 call (trading @ $2.50-2.60)