I am heading out of town this week for the annual summer state basketball Pro-Am tournament. My team has 5 years worth of titles to defend.
I will be trading throughout the week, and will post a once daily update, trade ideas, as well as market commentary.
Before I leave, I have a handful of candidates I like this week. I won’t do any heavy lifting though until Ben does his thing on Wednesday afternoon. I apologize for not throwing this all into a video, but it’s Father’s Day. I’ll resume next week.
I will continue to update on the market set-up I’ve been blogging about for the last two weeks. Once completed, it will be a thing of beauty.
- Favorite Long Candidates: AAPL,AMZN,BIDU,PCLN,GOOG,RAX,QIHU,SLB,MCP,FB,RVBD
- Favorite Short Candidates: SDS,VXX,FAZ,QID,EDZ
- Favorite Under $10 List: CSTM,GV,DRL,ABR,DHT,MM,BCRX,BLDP,AMBI
- Favorite Reader Contributions: F,MPEL,AIG,SFLY,TSLA,LEDS,ORCL,FNSR
May the Market God’s bestow wealth and the balls of short seller’s on your trading altar’s this week.
OA
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Thanks, OA. Good luck at the tournament.
I will post pics of Gold Medals by weekend.
your subscription service will still be updated real time correct?
Are you playing or coaching?
Coaching my 5th graders Mon-Wed…Playing Thurs-Sat.
He does both no doubt.
Good luck,
Regards
Chuck Bennett
OA, my “Bull Balls” love seeing your ‘Favorite Short Candidates’. I hope your team leaves nothing but broken dreams and puddles of spittle in their wake. Best of luck to the defending champs!!
Newest update from that “brilliant chartist” Tim Knight”
Hell, even the prospect of a North Korean nuclear attack is gone. Bears don’t have any hope left.
TweetPosted: 1:52PM Jun 16, 2013
Seriously, this is a new low for our favorite degenerate bear. He is now rooting for a nuclear attack to bail out his underwater shorts, so that his readers will click the ads on his site.
Nailed this market.
Hope you guys are all banking coin today.
Yes, you did. Thanks OA!! So now,
correction is over and we are going higher, or range bound?
The market will get easy again with SPX above 1650.
that’s still a very tough resistance that SPX hasn’t been able to crack. I’m hoping it does but last few times, it has been b!tch slapped down.
Watch my sentiment chart. According to that, the market is in complete harmony…