iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Late Night Strategy for Thursday

IOjJ7rb

Under Armour is still as impressive as any marquee issue in the tape right now, basing along above all moving averages. It is hard not to like it as a long idea over $120 if we see a strong market.

And Whole Foods Market is a short idea, to play for an ongoing topping process, with weakness off its declining 50-day moving average

Drop me your top tickers overnight.

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UA

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WFM

 

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9 comments

  1. oracle1

    CAT

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  2. 'OT'

    Thanks for the charts bro. You really understand this game.

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  3. JacobJosephKarov
    JacobJosephKarov

    Agreed…I am heading into Fridays Employment Report hyper-aggressive LONG in UA : hyper-aggressive short GLD : I expect the type of rally you described a day ago, as a possibility; strong but not a free ride as in 2013; UA certainly quality growth name for the next leg up; GLD short is there if you really look; the commodity is at very critical levels w no credible catalyst to give it a lift: Full Disclosure my approach is both hyper-aggressive and hyper-conservative: BOTH these plays fit such criteria

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  4. alf44

    .
    LONG some TQQQ, EZPW, CTIC !!!

    Small positions … Tight STOPS !!!
    .

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  5. ironbird

    The gold bears are relentless. What is the thesis? $200 or $600 or $1000? Everything is going up in price. Everything.

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