What you just witnessed is what we refer to as “smokescreen.” Markets that race lower like that on non-extreme breadth levels are to be bought.
If you are bearish, rather than shorting into those, play for the breakouts.
I am stalking $SFLY for earnings this week, and also considering $FB and $BLOX.
More later,
OA
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Thanks for the advice. h/t
Yep that was a strong dip buy. That selloff lasted about 45 minutes. Lol
Been looking at GOOGL’s outlook for this year OA. Absolutely love it going forward after consolidating for so long. Joined you on weeklies. Once it gets going over $600 could go did awhile.
Scalped some aapl weekly puts into that dip for a quick double but wasn’t prepared for that sharp of a V. Still holding my longs from yesterday as well as jdst, but close to my stop order
Stopped out of JDST
Took a swing at $7.75. Giving a leash down to $7, which is probably too long, but the number of times the robots have overshot my limit by a penny or two and then shot back up, i am now setting my stops broader and monitoring the positions more closely.
In an even brighter note, JNUG is rocking once again. Taking profits here. $$$
Anyone like twtr here??
I think 45 on a bad report, 60 on a good report.
Agree. I think 45s would get bought pretty hard though.
Looking to make room for $SFLY… sell $OVTI or $KNDI? (Up narrowly on both) Also, where’s the spot to get in copper? Wait for dip or jump on once it (if it?) consolidates some? Should have just bought on Thursday.
I’m looking at that too and hoping it comes back to the upper trend line. I hate to chase.
RUT doing the due
Still long?
yes , but refuse to take a loss . On a limb ; do expect 1268 by close today .
It’s leading today. You’re in the right spot.
Love KORS here. COH’s struggles are a win for them IMO, and the chat rooms have gone all but silent.
beautiful choice of picture. LOL
You are the judge. I am trying to up my game.
YELP anyone?
Bought C with a stop below today’s low.
It’s starting to look like I should have bought more GDXJ.
$FCX gaining momentum, maybe time to jump back in
it is the time for fb
TWTR holders are getting fickle into the bell
I will buy the blood tomorrow
http://www.businessinsider.com/twitter-earnings-leak-2015-4
$TWTR earnings were reportedly leaked. Revenue allegedly came in below analyst expectations.
TWTR action is crazy. Someone bought ~1.4 million shares at $40. I bought a little at $41
TWTR dropped dead at the bottom of big triangle.
Fitting headline for TWTRphiles “WE WERE MISLEAD”
to continue the theme, watch the stock rally in the afterhours during the conference call…or that some of Serenity’s #’s aren’t accurate. “Leaked” earnings is always fun. I don’t understand how someone gets all the numbers and details from another company’s accounting dept.
I like how close they are getting with Google. Snagged a few shares at 42.60
How times have changed… not one mention of GPRO earnings tonight.
the ultimate buy signal, no?
It sure was. Now up 18% from the after-hour lows.
WYNN being brutalized – had been watching this and then forgot about it into earnings…
I wonder if Wynn or twtr would be a good buying exp in the am. Again do we gap down then lift off after the fed?
TWEETER here?? $40 is almost a gift isnt it?? thinking the takeover or CEO chatter picks up at this level
Took three different trades today – all long. Playing the range in BABA, the relative strength in GOGO and the quiet IPO play in BOX. We’ll see how each reacts in time.
http://blogs.barrons.com/asiastocks/2015/04/29/chinese-investors-are-feeling-super-bullish-franklin-templeton-survey/
Can’t find one thing to buy. Markets feels like trouble.
Strength in financials threw me off. Soft data this morning points to a dovish Fed this afternoon. This could be good for overall market but can’t say the same about financials. Don’t get me wrong, I like them, but its not making much sense.
rates dude
bought some FB May4 $82’s and some GOOGL yolo 575’s
Some of the Credit Services names are doing pretty well today… so on a scan came up with ONDK. Anybody familiar with it? Chart is getting close to an apex.
QIWI and DFS look pretty decent too. LC and EZPW could be worth keeping an eye also…
Friday is going to be interesting.
Better bottom fishing for an equity position long term: $WYNN or $TWTR?
Really like the TRIP chart. Reports Wed next week. Already long some shares in IRA.
bought some PRLB