I hope many of you were rewarded for our long bias heading into the week. While the market has not completely confirmed our set-up, it still looks compelling.
I have a couple more June positions that need to be managed and closed this week. Tomorrow, I doubt you’ll see any real directional movement from the overall market. However, there should be a little bit of movement in individual stocks as usual.
I plan to ride AAPL and BIDU through the week, and will look to book SOHU and GMCR within the next two days. I am compiling a list of stocks I like here, and this is what I have so far:
PCLN, GOOG, AMZN, RVBD, CRK, MTW
As a reminder, I will be completely away from my screens tomorrow. If I do take off a position, I will notify you through my phone via our private twitter feed and website post. I doubt I will make any moves, but I just want to cover my bases in case.
Look for another update from me tomorrow after the close. Hope you guys are having a good week.
OA
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Andre Nickatina
short this baseless ramp
I may have missed it; did you stop out of $JRCC?
Sorry…I have never owned it. Perhaps you misread someone asking for feedback about it?
Yep, I believe that’s the case. Bought @ $2.16, trying to decide what to do with it!