I sold MT and JIVE, but added to IMMR, in order to raise cash and allocate assets to a name that I fervently believe in. Both JIVE and MT were designed to be technical break out plays, not based upon a story. IMMR is a story, which is working, so I bulked up into the bell.
The situation with treasuries is a JOKE. Believe you me, it will be resolved and everything will be fine. However, we’re dealing with a bunch of melodramatics in the media, who enjoy conjuring up fear on main street, which in turn affects Wall street.
Sell your illiquid names, the ones that are pure gambles. Anything you buy, do it with purpose, have a reason behind your purchases and try to do so in liquid names.
Liquid to me is a stock that trades at least 500k shares per day.
My day was flat, after gaining 1.5% in the morning. I had losses in FRO and gains in USG, IMMR, YZC and PAMT.
God strike me down if I get bearish again. For now, let’s just call my act of conservatism a pause in the degeneracy that I typically partake in on a daily basis.
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YHOO spends almost 2bln on shit sites. Your take: sunk cost or real value in tumblr/hulu?
Bullshit “bold” moves by a CEO who doesn’t know her ass from a hole in the ground.
She’s five or six mojitos deep, standing crooked in front of a dart board at fountain bleu, wavering as she launches darts with one eye closed attempting to see straight. It’s amateur night and soon she will be asking for more dart tips. The replacement darts will come, yet not a single bullseye will be hit.
What’s your take on apple?
Higher
Well said Don Señor Fly. This is why I am balls deep in a stock with zero debt and trades 3/4 book, plus 33% of the float has been sold short.
What’s the big deal with treasuries? As someone who’s been preaching caution for a month and a half, I personally don’t think that of all things should matter; feel free to disagree.
Who was betting that <2% yields was the 10 year trend? I guess if you were sapped into buying equities because the "yield to dividend ratio was at all time highs" then, yeah. But if you were listening to that shit you were going to lose all your money anyway, so what's the big deal?
Big shifts in capital happening quickly can cause a big impact…
Asia 3-7% in a day, treasuries big in a day. No problem with them correcting but 2.5% in a day with markets overbought and everything else is a “tell” of the timing of these big shifts.
This TSLA train is fun.
The market is not likely to go down again anytime soon in any significant way. This is not sarcasm.
Uh-oh, you had to do that?!
you just bust out the “new normal” and “permanently high plateau”quotes that are said near tops!
Thanks for the GARP update over the weekend. Perfect setup for a piker like me.
Everyone is talking about bonds selloff today, aslo all divident stocks, reits, mortgages got hit… something is brewing below the surface…