Actually, I didn’t do anything here today. I picked up some shares of $JMEI and took a 5% stake in $VXX to get me into next week.
We’ve been discussing some little signs of market deterioration in the last two weeks and with the $NYMO at zero-ish, the next 50 $SPX points could easily be higher or lower from here. In other words, upside risk and downside risk is balanced.
There are 10 stocks I absolutely love here though. $AAPL, $PCLN, $NFLX, $FB, $CRM, $SPLK, $MA, $MS, $ATHM, and $TSLA lower.
If we resume trend come Monday, those are my favorites to dabble in next week.
Enjoy the holiday.
OA
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where’s GOGO bro?
I think you meant to type YY.
I cannot take credit for your pick. Rather, I will shower you with compliments once the idea rips tits.
I bot some FB weekly calls. AAPL looks great too. Favorite short is NTES when it starts to show weakness.
Just to clear, you meant only TSLA short side, right ? I own AAPL FB for investment : ) Do you like FRSH ?
I meant I would buy TSLA a little lower.
FRSH looks a little overdone to me. How about DPZ?
Thanks! I will observe DPZ. I need/want some food/restaurant/grocery stock for long term. I can wait through summer/fall to get better entry.
WFM for the long term
You better see more than a buck over min wage raises coming. Whole paycheck needs more plebs not on EBT. But who knows. The rich may feed the homeless grass fed beef and antibiotic free milk.
FA , this should make for several easy future trades come Sunday night . I’m telling you people…..eaaassssssyyy money ..come and get it .
Mrbig- what’s the easy trade??
Well Bchu , it’s pretty simple stuff as long as you have huge protection on(see my comment of 2:34 p.m. yesterday following FA’s “Divergence…” blog post ) for Monday .
If you didn’t get involved Fri assuming a real problem ahead , just like the last employment report and the next several employment reports….well Bchu …I really don’t think you or anyone that doesn’t at the very least have a hedge on for Monday probably should avoid the market for the next couple of years…it is going to be a very difficult market .
Seriously , have you thought about U.S. savings bonds ? Let me know if this is too complex .
http://www.treasury.gov/services/Pages/Savings-Bonds.aspx
Hahaha. Rotflmao!!!
DOW FUTURES DOWN 160 on huge employment miss!
BLACK MONDAY ON DECK!! Hahahaahahaahaahahahaahaha!!
Instead of finding longs, you folks should have been SHORTING like Chess!! See his blog for evidence. Big, nasty, gap down come Monday. It’s gonna be ugly for anyone holding long. Just sayin’
A gap down is on Monday is only a bad thing if you plan on selling on Monday. If you have an intermediate term investment horizon or longer, a gap down is only a problem if prices don’t go back up before you intend to sell.
Further, this market has been infinitely more interested in the exact timing of a minuscule change in interest rates which is surely going to plunge us all into another Great Depression, so one could make a compelling argument that the ultimate near term impact of a poor jobs number will be up.
But it’s always nice to see someone coming out of the wood work puffing their chest before anything has even traded yet. Just sayin’ (which is way worse than Ciao!)
Chess,
My post above talks about buying $VXX. Would this count?
OA
You’re a fucking prick Jeff. Forget Chess, even though he is much more prudent than you in this tape. You’ve lost the trust of 95% of readers who now have blown up accounts.
Absolutely , a $VXX purchase is a great long weekend position . Who knows , how the market will react to today’s numbers .
Meanwhile , I think Emily wants to spend some quality time with you . I’m
visualizing a frolicking private early Sunday morning Easter egg hunt in your
near future .
Just means the talk of the Fed raising the federal funds rate, will go away.
Went to cash 2 weeks ago and stopped trading. Went into $VXX at the close yesterday with almost half my trading account. Let the correction commence.
Ready for the bear?
OA,
Who are these fucking assholes giving you shit?
losers who don’t know how to manage risk
If I ever decide to troll, I’m going to make sure and also use a woman’s name ….. oh wait…
BlueStar’s comment resonated with me.
A good group of bloggers are here at iBC, many of them do not have to be taking the time to do this, putting ideas out here.
Gasman – I got busy at work & feel like I’ve been caught flat-footed by the $NBG. Wondering if you took the plunge? I’m not sure where to try to hop in. Just watching, but may regret it…
I haven’t pulled the trigger yet either UB. It’s on my short list though.
screw it – I’m in @ $1.2899
Sold ADXS 10’s for a 450%.First big win in a while.Will get back in on retrace. CEMP looking good.Where’s the selloff?
Rolled out of Apr.GBX 60’s and into May 60.earnings tmro expecting good guidance,hopefully.
Bought small stock position in CLDN. Options are ridiculous.(like ADHD last year before it got smoked) Insane blockbuster potential.
wow who took TSLA into the weekend? what a rip!
sold abunch of long calls carried over from last week.
hedged with VXX april calls
dobled up short on GLD april puts