Here is my watchlist for the upcoming week. ANGI, LNKD, TSLA, FSLR, X, SODA, GSVC, XONE, HSOL, Z, GRPN, DRYS. KBH
Also, I’ve been discussing this with some of you since 2011…the idea of investing in a select basket of biotech stocks. We devoted some time to this last week, but I am going to take some steps towards ownership in a few more names this week. I’ve raised the capital, and will start making allocations this week. There will be no trading in these stocks, as I am looking to invest.
Also, next Monday we will start our week long crash course on Technical Trading Tactics. Start adjusting your schedules accordingly.
OA
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Deutsche Bank out with bullish commentary on the 3D names – raising $DDD price tgt to $115 from $95 -as well changes for $XONE and $SSYS
CREE downgraded to HOLD at Stifel
Stifel giveth and taketh.
QIHU upgraded. should offset my positions lol.
Buffalo bill sits in a very exclusive list of top notch psychos
That’s the approach I am taking with the market this week.
Psycho.
Related: http://www.youtube.com/watch?v=0CQokgv0dQw
Itching to get into SNE calls. Thoughts?
Itching to own Sony is something I never thought I would hear in my generation.
Angi…Angi…where will you lead us from here?
My biotech basket is as follows:
I own: ALKS, ONVO, TTPH, ZLTQ (am defining ZLTQ as biotech even though their products are cosmetic surgery related)
Looking to Add: ADHD, ATOS, DNDN, GALE, GERN, HALO, ICEL, IMO, KBIO, PACB, ROSG, VSTM
Looking forward to hearing more ideas
Since I have placed FSLR on my restricted list, I have a feeling that the next FSLR option trade OA takes is going to be the big one.
PUT THE FUCKING LOTION IN THE BASKET!
SODA down bigtime on lowered guidance.
Jesus! This is twice in two weeks I’ve been B-Hole raped by downgrades. FSLR last two weeks ago and now my most profitable position in Cree…Ugh
picking up ACAD Feb 25’s at the open, looks like it wants to go
SODA -15%
DRYS looking really fk’in good…
MEET as we’ll for a pop.
Came across ALNY chart surfing this weekend, intended to buy today. I think it got away from me.
ROSG up big, CTIC up, ICPT down 25%
SODA & LULU down big
… good times
Crap. And I bot SODA Friday shit. damn minefield out there. Hoping QIHU and 3D printing upgrade evens it out grrrr
didn’t see much weakness. cautiously bot back some more during dip. aiming for initial 352 target.
@Hesistationmarx; news always trumps TA. So yes it is like a minefield. I’ve basically watched 15k in profits evaporate due to two downgrades. No other words for it except damn it “SUCKS”
Our love and leave ’em philosophy has been rocking, but this round is going to be tough for me. Biotechs bat their eyes at me, and before you know it, I’m out back, slapped up, wallets gone and she’s walking away puttin on lipstick before I can even get a counterpunch in.
The only thing I avoid more than biotechs are my in-laws.
by watchlist, you meant watch SODA blow to pieces, right?
I suppose.
Its got to be risk capital, or I wouldn’t bother.
VJET go boom
This guy says better buy point on shippers end of the month…
http://www.tonmiletrader.com/
I don’t know if it’s possible for ANW to get any tighter
I agree it looks good, but if you look at the 6 month time frame this thing could easily break lower to 10.25 short term
I’m in Feb 12.50 since last Thur. Worried about 12.25 myself thinking I may have jumped the gun.
make that 10.25
Jeff did you ever buy SWKS?
I’ve been watching it since your mention months ago.
Just sold my Jan’s on Friday like an idiot!
Did you lose patience and invest elsewhere?
Well I had been sitting on a double b/c I got in before the earnings play rush. I planned on getting out before earnings anyway on Thursday. I used some of the proceeds to get XONE, but I’d be up more if I held the SWKS. Can’t win them all haha
I lose patience with many things, but never investments.
DDDDAAAAANNNNNNGGGGGGG…………….lol Sorry couldn’t resist..
DANG back from the dead… yeah buddy!
This was never dead.
My calls were
You bought the wrong calls.
Bought the wrong calls and bought them too early.
Would you sell if you had the Jan 10’s?
GSVC making its move
Jeff
Groupon is making lower lows and lower highs and appears to be in a down trend. I stepped in and took some; HS looks to be 11.30-11.27. Tell me if I’m tracking correctly on this one. I want to exit if it breaks down. I got an awesome entry or so I thought…lol
GRPN is in a downtrend? Having bought at $9 last month, I am now confused.
Touche: A mid century French colloquialism used to indicate defeat in Fencing; In today’s society it is used to give praise when one has made an eloquent point.
Touche Jeff Touche…:-)
LOL
maybe jump out on a close below that recent low on 12/30 of 11.14
i see the formation of a falling wedge in GRPN. Could trade as low as $11, this week, but that’d be a buying opp in my opinion.
I’m seeing the same thing matt…
mentioned ALIM near closing bell Friday, better waiting for a retest now as it has taken off…I will stick with this one for a target of 7.50
QIHU liftoff!
ok guys my top pick ALNY just went up 55% today 🙂
nice win…sucker is gone…too late to join that party
i didn expect that much of a move in ALNY
Sold Qihu and Nflx raising cash
shoot wrong post.
didn’t see much weakness. cautiously bot back some more during dip. aiming for initial 352 target.
$angi, make your move already.
$SODA broken here?
do you still like the CREE setup OA? …
would you throw your money into a dumpster fire in real life? why do it in the stock market?
some BS brokerage like stifel shouldn’t be moving the stock this much … anyways not convinced that this is dead quite yet …
+1
LOCK not mentioned here. Check it out.
No position
Wow, safely sold out of CELG before that horrible rugpull.
not really liking this market at the moment. something is amiss. Take a look at CELG.
Thanks OA – another double – CRM!
tempted to sell WDAY before a surprise downgrade, but I suppose I will let it run till its broken. Wish I couldn’t type in YY anymore to see all that could have been.
Well out of WDAY today – you get out higher than ANY of us, including OA so congrats on that. (And yes, I’ve taken YY off the watch list – it’s too sad to observe).
yes, at least its a glimmer of hope for me in the midst of the mire I’ve gotten meself into on a few trades. 🙂
I got today on the highs as well. Stuck to my plan not to sell below 90, and it feels good!
open question to O.A. or everyone: OA’s comment about Thurs before expiry being key turning point for a stock is a subject I would like to know more about. Please advise
The setup on LOCK is boss. Waiting for a pullback.
Jeff can you comment on AHWOA?
Thanks!
Doubled down on SYS at the low – could pay off handsomely today.
“Doubled down on SYS at the low – could pay off handsomely today.”
Newbie here –
Is SYS Sona Resources Corp?
Surely not?
LOL did anyone follow me on NFLX today. 250% on the calls…okay wanted to be psyched
impeccable timing. I got in the trading day before the downgrade. I need about 2 more days of this kind of movement. congrats.
sold out of QIHU. Win.
could be wishful thinking, but i see the makings of a little 3-day inverse H&S pattern in $ANGI. that is if the low for today holds.
Sold CZR for 330%. Too close to expiry to take a chance on a pullback.
Congrats! Sold mine last Friday. 111% for me
I might try this patience thing with QIHU and see what happens
AMGN, CELG, BIIB, GILD…similar setups on multiframe charts. Earnings for most are out in Jan/Feb. Would you say avoid this or anticipate some breakouts. I like the look of GILD, considering Jan wk 5 calls. Yay or Nay, OA would love your opinion on the subject or in AHWOA.
We’re moving away from the big names. They were actionable in 2011. Now you gotta look at the lower end of the totem pole.
ok. Thanks for the insight.
ADHD is goin
done with the ONVO calls at 65 from 20, weekend calcs showed me putting a little too much lotion in the basket, to stick with OA’s theme…not really yolos, more like modified yolos.
Back in the lab looking for the next couple of weeks. Today’s pullback increased my watchlist by threefold.
OUCH. Today reversed the last two weeks of huge gains.
Wow talk about a reversal from the morning!
I’d like a do-over on the last 3 hours.
GILD and AXP 1-2 months out are gonna pop. Entered and going to buy again before the bell.
I got Soda’d today…
At least I have a few names working well too.
Thank You DANG and UNXL for making me feel less like a loser today! Enjoy the small victories
lol tough to enjoy the small victories when everything is red..
Not feeling too positive about CRM, YOKU or ANGI today – much less CTRP or FSLR
Cheese. Don’t give up on ANGI too easily. Given action today, looked very strong. Could still easily gap, squeeze and run to 16-17 in a day. No fear yet.