Financials are spearheading the rally. I’ve got a splendid decision in front of me: sell my [[UYG]] or [[SRS]]. At this point, the market has the look and feel of a clean breakout. On the other, common sense says we’re due for a pullback.
The good news is, we are seeing a collapse in commodity related names, thanks to a strong dollar. This, as you know, was the original reason why I was buying [[SMN]]. It wasn’t a bearish call on the market. I bought SMN as a stealth bull call, thinking the commodity related names had to be sacrificed, in order to let the market run.
Finally, it looks like that trade is setting up nicely.
Right now, with my money, I like [[NVDA]] and [[HPQ]].
[[SKF]] is broken. Don’t even think about it. If you enjoy the content at iBankCoin, please follow us on Twitter
With you on the techy stuff.
On a more serious note:
Apparently, the death threats from Hank have finally broken SKF.
Bow to my brilliance.
Why are you not buying smn or shorting more ag? Just wondering. I am enjoying a bull run in BBD. Fxp is shit, any reason to hold it?
the market and US$ are going to get their teeth kicked in, in May
Interesting- HL is now positive and AUY,PAAS looking to go positive .
With you on the HPQ. This memristor news doesn’t seem to be getting a big enough response from the market. If they can get any sort of patent on this, holy shit.