If you want to pay money every single month to read people who call themselves sharks, or Reverend sharks, or some form of that lingo, yet who also insist on whining about the market every single day and not giving you many trades, by all means go over to Cramer’s paid money site and waste your time. If, on the other hand, you want to bank coin on a daily basis, you’d be wise to keep your browser open to iBC and The PPT all day long, constantly pressing the refresh button in the same jittery manner as a heroin addict, with ADHD and a caffeine addiction problem to boot, checks his phone while waiting for his drug dealer to return a voicemail.
Two of my top picks from last night should be making you rich right now, $NEP is up over 9% today on MASSIVE volume and is poised for higher prices as it is in the embryonic stages of a multi month breakout. $AIG is also up almost 2.5% and could get some serious momo to close the day. Because only LOSERS average loser stocks, I am cutting ties with $HMA for a mere 2% loss, but will keep my $PSYS as a healthcare facility play. However, I expect the latter to break out of its bull flag relatively soon or its fawkin’ dead as disco to me. Remember, winners add winners, losers average losers.
Bottom line: Use today to cut ties with your laggards and raise cash, and only be long the strongest of names. Don’t be so loose with your money. Only those issues performing well deserve to be treated well, but let them run so long as they have momo.
UPDATE: $AOL is up over 4.50% today. READ MY SETUPS.
TOP PICKS: $NEP, $AIG, $ZAGG
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