More later,
OA
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Joined Aug 2, 2009
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I can feel the chase inside me. Put in many orders this morning but forgot twtr. Really wanting to chase it here
Ahh. Okay, that what I wanted to know.
Looking forward Ah w/OA and next week’s watch list
Jeff – All I’m doing with is taking the flipside to the move down from the Fed meeting. We had a massive spike higher, followed by rejection, then an attempt to rally, followed by a crash. So inverse would be sharp move down (check), rejection higher (check), attempt to sell off (check) then sharp move up (to come)
ok
If we pull back a little I’m keeping a close eye on stuff holding up with no pullback.
I wouldn’t overthink it at this point. We’ve done all the heavy lifting already.
Just trying to be methodical with my purchases. You think just buy em up and hold em at this point?
Were you referring to our discussion we had about this month being the opposite of last?
Sort of. Was thinking with that extreme tick move up we would get a little pullback and that would be where I would reload. Given how volatile the market is, “little” is as much as a 1% intraday move.
Yeah, that analogue has been pretty spot on.
we got our pullback brotha.
Bchu – I was fully loaded as of the morning pullback. Sold some off just now but looking to add back for a small intraday move.
gotcha. congrats on catching that move
last question Jeff – what do you think of $EQIX? held up very well during all of this
Probably follows the market, right?
lol – ok – I get it, the reason being, that it’s kind of in the same space that new market leaders are emerging from – i.e. Cloud….thanks man 😉
Pick the stocks that will outperform it.
Thoughts on LOGM Jeff?
I am bullish as shit on anything software.
Even FIT? Looks kind of good and measured move to 50 could be possible. Not buying it, though.
They’re really squeezing the beaten to hell stuff…SNDK, BITA, WYNN, BABA, etc.
If this move up is for real then I’m thinking this is the first area the market will exhaust right? Get those heavily shorted / hated ones higher, then rotate up the food chain.
Looking at $SGEN here, that seems to be one of the most revered names right now, no?
OA, you were thinking a little lower for $DATA?
Also looking at $SCCO (finally).
$SGEN is a name close to home. I’m a customer. Love that stock.
feels like some fireworks to come for the close….hard to tell which way.
What are you watching that makes you unsure?
Really just my overall bias! On the short term time frame everything looks pretty good though but longer term I still think down.
Hopped back into QCOM.
One last one, i can’t remember if this was in the mix but $NTAP looked kind of interesting in the software space.
Boy GPRO reminds me a lot of VA. I think VA bottomed at $0.05 above its IPO low.
took off my MA short -55 pennies, keeping SBUX short as I think coffee has bottomed.
SBUX is one stock I will never short. Never ever ever. Which means that probably works
This looks v good. Long VXX put spreads, EWG, SSO, GS
Picked them all up yesterday