Our market map from last week pointed to higher prices this week. Despite the fact that the Russell is lagging a bit here (+.50%), doesn’t hurt the markets upside potential this week, but rather allows the other indices to play catch-up a little bit (NASDAQ/SPX +1%).
Some of the themes we talked about last week were Semiconductors, Rails, and a few select retail plays like $M, $GPS, and $BBBY.
I picked up some $GOOGL March calls for a quick pop, and a set of $TSLA March calls as well.
What’s on your radar this week?
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Just bought 200 CSCO next week’s 30 Strike Calls for .03
OA
Do you think POT found it’s bottom?
Maybe, but I prefer $AGU or $CF
Agrium looks good.
bot EBAY next week’s 62 calls
What strike on GOOGL? Curious because I slipped into some on Friday (560’s) and debating on taking profits and starting a new position with less money at risk versus keeping my current position.
My target was 575ish as I think we consolidate in the 550 – 580 range for a bigger move in about a month or so. Problem I have with starting a new position here is my reference point is so far away now, I feel like even though I’ll be risking less, the position will be harder to manage because I won’t know when to jump ship if things go bad.
565’s at the open.
Ah ok. I guess I’ll just sit tight and see if I can’t milk my existing position for all it’s worth.
VVUS breaking loose
Bought BIDU March calls, TXTR April calls and XLRN shares this morning, and just added to VSLR. Looking at NWBO, MS, CMI and YELP (addon) here.
gasman – I’m figuring you’ve likely moved on, but is HIIQ a psychopath, or what??!!
Ha! no doubt. I came within a couple pennies of stopping out. Looking much better now!
anyone still in JDST?
NTAP and JDSU looking good here
Thoughts on TRN here for a rail play? Think it may grind between 33.5-36.5 but wondering if my read is wrong and instead it’s poised to run.
Jeff -ADHD?? still holding??
I have shares, yes.
Bot 400 CSCO April 31 calls
Jeff at what price would you consider Bidu calls expiring this week?
$204.50
$WUBA down after-hours !
Hey Jeff – I like EYES, GILD, RUSS here. Still holding FCAU as well.
GRPN looks great here
that was a 90% if ya didn’t know GOOGL
ODFL in my pile…start checking those truckers
Here’s the view from the front lines: I finance equipment loans for businesses and follow lending patterns very closely. I would compare our current lending environment to 2003 with lots of construction equipment / yellow iron investment along with many businesses opening new location or going thru remodel (ie. Domino’s & gas stations).
Companies selling working capital (LC, ONDK) are compensating for lack of working capital from their local bank because of capital restrictions. These lenders are charging 30%+ on 6-9 month payback with daily withdrawals out of clients accounts as terms of payback.
Long and short – CAT URI DPZ TA MUSA LC DECK is where you want to concentrate long term money as we are in early stages of investment cycle and quality used equipment is scarce. I sense the Fed will move to a much more accommodative stance this week as consumer spending is a still lagging (I also am owner of local base/grill).
Local bar/grill with summertime boat traffic and tourism as major influences on demand. Looking forward to first year in over a decade of sub $3 gasoline at local marina. If gas prices continue lower, expect a blowout 2H15 regardless of direction of Dollar. All-in!
OA two questions for my upcoming Vegas trip of degeneracy.
Your favorite value pick other than GS to win the NBA title? I kind of like the Rockets at 30/1. If GS doesn’t win it, that value seems incredible.
Your favorite pick other than Kentucky? I absolutely love the idea of throwing money at Arizona at 15/1 odds. But Kentucky is going to win it for sure.
My favorite long shot idea is Notre Dame at 50/1. They looked stellar in the ACC tourney, manhandling Duke and NC. Live or die by the 3, which is why I like them as an upset team. Just my unsolicited two cents.
Vegas seems to favor Utah at the #5. Better odds than Kansas at the #2.
Love the Notre Dame idea for one reason: they are the #1 team in offensive efficiency. However, I’m not a believer that their defense will carry them in the 1 or 2 games that they inevitably will need it.
Kentucky is so far and away the best team that 1/1 odds are actually pretty decent value. I want to throw money on Kentucky and then throw smaller amounts on a couple others. I like Arizona and Virginia a lot.
Also, the way Oklahoma’s region sets up gives them a chance to sneak into the Final 4.
Away from computer most of the day yesterday but watching bio popping all over like trying to herd cats.Still holding out months calls in KPTI (sold Mar yolos) ACAD ADXS CTSO SGYP SGEN QGEN HALO ARWR(looks like KPTI) CYTK(talk about high and tight) RPTP TRN KEY VNRX(stock). Bought VNDA JUNE 10’s.And my dumb UVXY hedge not a disaster.