Higher interest rates is bullish thing for certain banks. With the yield curve getting “curvier”, I like HBAN, KEY and CMA.
The market is soft this morning, but who knows how it will play out. Every dip has been a buying op. But, not all stocks are going up anymore. On weak days, 75% of stocks trade lower, making it much harder to bank coin off swing trades. Most people get frustrated and over-trade tapes like this. I’ve always found it to be useful to “stop trading” when the tape gets convoluted. My style of trade is not conducive with day trading, even though I can do it as good as anyone. But I need to take down big positions in liquid stocks, which is hard to do in a stock that’s gapping higher within a 2 hour window.
If this tape is hard for you, trade small and take some pointers from some of the talented day traders on the site: Ragin Cajun, Option Addict and Raul.
OVTI is exploding to the upside. I really like that name, evidenced by selecting it for my semi-managed GAPR index inside of The PPT. Using the algorithms and my opinions, I manage an index of growth stocks at a reasonable price (GARP), inside of The PPT, on a semi-annual basis. Year to date, it’s up almost 40%.
Top picks: IMMR
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Good OVTI call.
Have nice weekend Fly
Long ANR, WETF, FRO….gonna have some coffee and see where this day goes
When you come back from that coffee you might just want to go for a dump before sitting down and looking at your screen!
lol
takin a thrashing
We’re really doing it
Dont forget RBCN one trick pony – going ape to the upside!
Has breached 8.50 to the upside
I’m selling it to any taker here.
Fly, what’s your target for IMMR?
Fly, thoughts on MITK please?
For going on two years now I have managed to own, almost exclusively, things that lose money.
Been there done that.
But, things are finally improving ovah heer.
what about PNC, similar to the other regionals you mentioned except much more profitable and much more undervalued on a fundy basis
Love how the 321 CR SPR is up 10.04% every day!
Anyone know why refiners are up so much today?
I am long in the WNR and it is experiencing an erection as we speak!
Listen to fly or you’ll get short swing squeezed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! HAHAHA
Been in RBCN since Senor Tropicana had it awhile back.
Thank you kind Sir.
Irony on fire. This weekend marks 1)the start of Hurricane Season here in Fl 2) thew start of a weeklong Gay Days fest here(160,000 expected) and 30 relief that the Ohio State president will not be here making a speech on public spoken civility. Long CHD, FEMA