After some decent moves in BIDU, FB, AMZN and MY from yesterday, I picked up these three items this morning…
SCO Jun 29 Calls, P & GS Weekly calls.
Trying to locate decent sub $10 stocks…post ’em if you got some good looking charts.
OA
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Amazon was “prime” to take off and GS is gold, man!
FCEL pretty tight
Purdy one right there.
If you see a failed flush of this intraday double low in YGE, that might make for a nice turnaround.
Ha, an “OA Buy: YGE” post would be my first blog post to go without a single comment. lol
hahahaha. so true. f that stock.
old girl is sub ten….prolly not for long
You go with the 157.50 or 160 weeklies OA?
160’s. Make it rain.
Not a new name coming from me, but I’ll toss ol’ $MTL into the ring for the sub $10 party…
Here’s a visual of how the Russian stocks are looking to most people right now: http://youtu.be/QsgDORRFI9I – but I still remember the advice an old colleague gave me in regards to bar pick-ups ….. “Go ugly, early”
ISR, JIVE, BCRX all look good
Very nice
AND back to our regularly scheduled sell off
Man, I couldn’t tell with P, BIDU and AMZN at days high.
OA are you still holding AMZN?
Yep. Was shooting for $305…hahaha
man it was like .60 cents off your target. i chickened out and took gains.
awesome picks from the pack
RUT is certainly volatile. Moves of 1% or more everyday since May 8 except for 2 – both of those .6% moves. The Russell itself is a triple ETF these days!
Throwing out some ideas:
Lots of ugly charts. Sub $10? Coiled to rebound?
OXBT, CAMT?
ENPH has held up well.
Is RKUS due for a short covering bounce?
Everybody is gun shy
Love that CAMT
CPST is my sub $10 contribution, very much looking like discouragement. Risk management point nearby.
APP?
SNTA for the 1-2-3-bloop
Love these. Thank you.
Mobi?
It’s on my watch list.
short IWM, long SPY may be a keep it simple pairs trade. IWM looks like its about to break down if it cracks 109
But its so very late to put this on. That trade started working mid-March. Don’t you think you’re behind the curve here?
From my biotech scan for <$10: NVAX INO ARRY CYTR SNTA PGNX. I like the look of last 3 so put in limit orders for starter longs. I eliminated GALE from the list, didn't like the look.
NVAX very interesting with the move through the 50SMA yesterday and now pulling back to it today. Interesting fundy story as well from the little I know.
AXDX, SPCB, strong throughout, keep on radar for entry. they dont want lower is my guess
this market is still a mess. The DOW about to break a major trendline on the daily and the nikkei looks like it’s in for some serious pain.
buckle up.
This market makes me want to pull my fingernails off!
Shorts working so far
What are you short?
i just closed SPY my puts from yesterday.
opened JUN 135 JAZZ calls
Anyone buying FSLR stock here?
Several hedge funds.
http://stockzoa.com/ticker/fslr/
the hedgies love SUNE
buy NVAX at 4.64
Hate and I’m sure I may get slack from Jeff for doing so, but solar looks like it’s ready for a massive crack. It’s been one risk on sector that had held up nicely but the TAN etf looks ready for a plunge
You of all people saying this (no offense) seems like a monster buy signal.
Lol!!!
Jeff, your site doesn’t allow for reply on galaxy phones…Not mine at least. But to respond you, I’m short IWM since eod yesterday and $tan from a few weeks ago. Still long fsl, scty and tsl stock for long term tho.
OA what have you done with your FSLR 65s?
Talked dirty to them.
I hope you are right about me being a buy signal. My lt portfolio has taken a beating. Bulls need to be right once in a while. And i plan to close iwm eod.
Only based on all the solar coverage you’ve offered. TAN is off the highs by 30%. Seems like they’ve already been crushed.
i would definitely love a bounce there as i have several LT positions in that sector that seem to be going down 4x as fast as the rest of the market
This all just feels like a bear trap, or a shakeout.. Hard for me to get bearish when I look at charts like UNP and FDX
Lots of stocks holding up so well in all this.
vix down when market down usually means a trap
KILLER TRADE WITH THOSE P CALLS!!.
that spike took them to like 350% gainer.
Haven’t seen one of those in quite some time.
like a Hipster, I bought these before it was cool. In this morning from .23 –STOKED!
short NQ 3604.25 gonna hold overnight
closed my IWM puts. flipping to calls for an overnight gamble
market closed already? quick day.
Might be time to try $UNXL again for a sub ten stock pick OA
the Nikkei (NK futures) look terrible on the daily. I know when they look really bad it’s usually time to buy but boy that chart scares me.
Canada – more than just great beer. Check out oilsands players PWE and SGE… cheers
Hello there, You’ve performed a fantastic job. I’ll definitely digg it and personally suggest to my friends. I am confident they’ll be benefited from this site.
The 5yr of $COWN is kind of interesting. Not a tomorrow play, but sure has formed a nice round bottom.
closed the overnight NQ -1. Was looking for a gap down but will re enter if it sets up
short cl 103.04
out CL -.12 this thing has had quite a run . Has to be a pullback coming soon.
FB YOLO $60 calls. Out if it gets below 58 today.
One of the best trades out there today.
my order got hit this am. thanks OA.
GS weeklies are going nuts.
bought those in the afternoon yesterday, looking good today so far.
i sold 2/3 of the position for 358% good god win for me.
Great job!
Nice trade.
$HZNP could break out. Keep an eye on it.
Good topic. Thanks, OA. We need some constructive guidance. Chess has kept me grounded with his market videos. You have done well reminding us of the cycles – emotional as well as market trading. Now is the time to build the buy list.
Totally agree.
somebody knows something about the news today. Aggressive buying in the indices, lets see if it sticks this afternoon. Could be setting up for an epic short squeeze if this holds.
I hope you are right, Chief. Nothing has gone by the usual seasonal template this year. Cover in May and go away would be very nice.
Averaged on Uncle Buccs short idea of @AMKR. Need it to break below 7.23.
High Flyer not flying on 100+ point up day.
ACAD- Good location here folks.
We have to beat the afternoon fade trade to embolden buyers. Pockets of buying here, but we need that broader squeeze this afternoon to get a pre Memorial pop.
Yep, this resolves today. It has to.
$REDF and $SIFY going to the moon without me siiighhhh