Swiped from The PPT, here is the full list of growth stocks that have sold off more than 10% over the two weeks.
Do you have an interest?
After today’s open, you can add FSLR and SODA to that list, both companies are getting GRAPED in pre-market trade thanks to abhorrent earnings. It’s worth noting, I sold both significantly higher. In other news, CPST announced a secondary offering, which was to be expected. Although the share price is lower in per-market trade, it is to the benefit of the company longer term.
Tomorrow auto sales will be released. I believe the number is going to be big, thanks to a variety of reasons. You may see upside in TM, GM, AXL, ORLY, DLPH etc. in the near term.
I am still looking to get long BID. But I want lower prices before getting in. Ultimately we’re all guessing, some better than others. When the market was trending lower, no one said “hey, it’s cheap, let’s get in.” Now that the market is nothing but green and no one is taking an opposing view to the prevailing trend. Odd no?
It’s fucking painful to hear the same talking heads on CNBC and Bloomberg radio, discussing the market as if they had a clue. I’d much rather read your comments than suffer through Cramer diatribes, talking about DEFCON 3 and imminent collapse to the current spiel: “this market is going higher.”
It’s a screed people. Moderate yourselves from doing harm. Play the tape and enjoy the excess; but don’t buy into the dream, for it is a fucking mirage.
15 Responses to Scanning For Dips
fig damn it!!!!!!!!!!!!
cpst also giving out warrants to sweeten the pipe. more dilutive than it looks.
It’s dilutive, no doubt. But sometimes you have to accept onerous terms to grow.
By all metrics, this is a real turn around story.
turnaround. turbines. good one.
This is a Rick Ro$$ making it rain Benjamins in a strip club rally.
Grab ‘em while you can and GTFO before the stripper swarm.
All I’ve got is coin. So I guess I’ll make it hail !!
Bob and weave!
BID earnings call today (after the bell?) The way the luxury trades are going, good luck hoping BID will get graped.
Think KORS. Relentless de-testicling of bears if you’re into that kind of thing.
ROFL at the idea that FSLR is a growth stock. Solar is dead!
Yea I’m thinking the $SPX more likely to lose 50 points in march than gain.. If that happens buy the dip.
How do you feel about DAN in regards to auto sales numbers being big? Cars need parts.
BUY THE DIP NOW!!!
FIG fo sho!
Looks like the Clam can’t do anything. GDP and Chicago PMI says no QE for anyone. Global PMI’s come out tonight. Flash Data showed a little stronger in China and Weaker in Europe (even with LTRO pimp money). USD imho should catch a little up movement.
Uncle Ben seems to have a competitor as to who can print the biggest amount of money.