ORCL is up and the iPhone is going to boost the economy by 0.5%. Benjamin Bernanke is firmly in control, punching short sellers in the scrotum, whilst eating cans of spinach (extra Popeye). After yesterday’s purchases of KMB and OSG, I am back down to 10% cash, maybe a tad more.
What you need to understand, in a bull market, is that everything, eventually, trades up. It’s my job as a manager to figure out when certain stocks will pop, in order to maximize profits. Sometimes it’s easy, other times, painfully frustrating. This has been a down week for me. However, I’ve been proactive, moving things around, in an attempt to find lightening in a bottle.
How do we find stocks that are going to move now?
That’s a complicated question because it’s part practice, part intuition, which is developed through experience. For one, inside of The PPT, I have specialty screens reserved for markets like this. It saves me time. In my world, time is money. I prefer short squeezes and I watch the breadth, by industry, to gauge momentum. I watch all industries and constantly navigate the darkest corners of the market, hoping to find disconnects.
In my estimation, the shippers have been unduly destroyed.
OSG will trade up to $10.
NOTE: The Dow is up 8 Friday’s in a row.
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Agreed…Up early today I see…I’m developing my next blog post…which is also developing
Just how FUKIN STUPID are the fukin fools camped out to buy the latest fukin Iphone? No wonder Obama is the president, we are a nation of morons.
Agreed! Simon Cowell should just pick our next Prezident…Save a lot of money with a fake election…
Don’t worry, The Black Panthers, A.C.O.R.N. and the outsourced voting counters in Spain under G Soros firm will make sure things are ‘fair’.
Mr. Moolahheaven please report to the V.Kingdom asap with that kind of one sided commentary!
People once lined up to buy concert and sports tickets.
I was once dumb enough to sleep on a sidewalk in the ’70s, just to but Elton John tickets on the 1st row.
In the near future we will all be lining up to buy Soylent Green, which will be dispensed by the Federal Reserve.
– we may indeed republicat, but only if you have food stamp eligibility and a Democratic voter ID (and assuming you can avoid the zombie brain-eating cannibal hordes). Meantime I wait holding Fly pix like SVU and OSG hoping to cash in right before the apocalypse in my bunker…
AMEN
It’s a bull market market, you know…
I am one stubborn fuck you know… all in of course..
MCD is cruising to $100..
Oh, and thanks for the OSG, KMB tip.
Hmmm, so why makes a long term CFO suddenly resign? No hint of a move to another company, so that leaves some behind the scene personnel issue (George Costanza-style getting caught doing the cleaning lady on his desk) or a major disagreement with the CEO on financing or a major accounting issue. Any other ideas?
Blackmailed by his successor?