Despite having lots of defensive positions, I still managed to make money today–led by gains in PANW, SLCA, AAPL, GILD and SGEN. My utilities didn’t hurt me, which further proves my point that being defensive in these names incurs low risk. Had the market tumbled, they’d be making me money right now. The only thing that I am missing out on is opportunity, which is fine–since the year is long and my brain is large.
I bought ARWR today because the good Dr is a fan. I passed along his French biotech play, GNFTF, in the low $40’s, only to see it skyrocket since then. He’s given me GILD from the $50’s, told me to short GALT from the high teens and absolutely despises EXAS. However, he feels confident that ARWR might have a cure for hep B. We shall see.
Everything is peachy. Nothing to worry about, except spiraling lower out of control commodity prices. See them. Go and learn about it.
All is well on Wall Street. Hence, all is well in the world.
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I really like that song.. Reminds me of Silversun Pickups kind of.
Very similar.
Dr. Fly – if there’s anything to report, I’d love to know what THE DEVIL has to say right now…
He’s been long ANET since 70’s.
thank you
How come no one is talking about FLXN. To the moon Alice!!
I used to be long
Having all your money in cash is low risk.
Love the music.
I had a conversation with a nice lady from AbbVie on a flight this past weekend… she said they will be first to develop a Hep B drug.
The never ending “one more hit” will have you like Sharon Stone from Casino.
Waiting for a pullback sucks even for a slo mo guy like me.