Despite the fact that we’ll be in a range for the next 10 days, it would be to your advantage to engage the market here. While many are shy to engage weakness, this is the best time to do it. Before the market goes green.
Look at all the names ripping off their lows. Start grabbing things here while they are cheap. You won’t regret it.
Drop me a note, tell me what you are buying.
OA
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$EXPE $MKTX long term port.
Added $AMZN on lows this AM followed your $FB add, thanks Jeff!
Im an oilman…UWTI
Got AKAM yesterday. FCX, AMBA and AAPL c’s today
Picked up some $BCEI and $BTE based on last nights AHWOA
Picked up some UWTI, it’s at the bottom of the range. Also picked up some $AMZN and $FB.
Started with some Nov 20 TWTR calls.
I grabbed some BAC around $17.7.
I also added to BABA
why buy today when it will be cheaper tomorrow?
What?
i just think spx has a date with 2040 is all
You also said $SPX had a date into the 1700’s though, right?
yes i did and I didn’t want to buy it at 1900
I fess up to my declarations and at being wrong
so therefore, spx will never se 2040 obviously..lol
Just giving you a hard time. With the few comments that suggest buying here is irresponsible, I am going to borrow to buy more.
OA,
Can you point out where you see support on FXI? I’m not sure I’m seeing what you’re seeing. I can’t pull up chart of $SSEC.
The chart of $FXI. You are trading $FXI.
I’m trading YINN, but FXI is a proxy no?
Looks like we have two range bound oil via here. I’m buying TBT. Front running the 10yr auction here is risky.
HMFP….. two range bound oil “votes”
OA, your record has been great with this latest correspondence with 1998 which has played out well so far, and may continue to until it doesn’t…but have some humility man. I wouldn’t use such words of confidence on any chart on any timeframe let alone calling things days/weeks out so boldly. More than anything, imo, a post like this should at least come with a solid disclaimer that everyone needs to own their own trades and make their own judgments. Sounds obvious, but for someone new or desperate blindly following happens.
Humility? What did I say? It was quiet and I asked what people are trading?
I was way more bold when I called market direction, specifically back at the lows. Why not criticize me there?
Did I give a specific recommendation here? No. Fuck off.
Haha. I’d be so bored at work without this blog
+1
+1
+2
“Start grabbing things here while they are cheap. You won’t regret it.” –
…or maybe you can’t read your own words. Best of luck to you.
I’ve been doing just fine. It was nice to go back and read all the comments you posted along the way, in doubt of what I’ve been doing over here for the last two months. Why the fuck do I care what you say now? You my compliance officer?
There was no specific reco there, other than to buy weakness. Thanks for the concern. I make those types of statements here daily.
I think it’s fair to say everyone here knows the risks involved in stocks. No disclaimer necessary.
Yeah, where were his sage words when I was actually giving out reco’s?
This is an indicator if I ever saw one. Write it down.
HZNP low 21’s.
thinking of PLNT here. anyone else have thoughts
Bought N.
That sale of $TWTR might have helped the case here.
I believe so, while I hae to see another person lose on a trade, it also demonstrated the sentiment that I have been guilty of so many times in the past – sell on the bottom tick to watch it turn around within 10 minutes.
Solar never fails to disappoint. When does SUNE reach 0?
very sune.
+1
+2
Very nice.
Scanning my board and not alot is jumping out at me. Bought small NFLX and FB on the open, added to APC long. Still looking at KORS and ANF but havent bought anything, retail still seems like a sloppy shitshow.
Trying to figure out where the next rotation will be. Sounds counterintuitive but I still think energy into year end.
Opened or added to 3 positions today: $LULU, $NWBO, $BTE, so covering a lot of sectors. About a $0.60 off of filling $ZG.
Looking at a few things for the 15 year account too: $DB, $PBR, $FCX, $WYNN. I try to add about one a month if an opportunity opens up, and I think those are my choices over the next 4 months. Just have to pick the order.
I have made good coin fading this turnaround Tuesday, but the timing is important. Fading means going long TBT, IWM, KMI, GDX, WYNN, short oil via SCO.
Given that Wednesday is a bank holiday, I will look to make this move starting after 1:00pm. Probably won’t touch oil till Wednesday. Bulls should have an ez time pushing to 45-46. If they can’t, bad omen.
Addedto my short long bond via selling a put in TBT. I’m already at my 1% allocated capital for TBT. Looking for a lukewarm auction.
Added FB BX. Got WBA for long term. FSLR still thinking, yes, I am dipolar over 2 years ups and downs : )
Long GILD
WTF happened to cyber security stocks? CYBR looks like GPRO now.
$CYBR is quickly becoming my most hated position I’ve ever taken. (I am master of my emotions). I initiated a slightly larger position than normal in the depths of despair, and still got $0-ed out, when the other names I was considering at that point have fared very well, virtually without exception. I’m thankful it will be out of my life at Nov expiry.
Did you see the indictments handed down today over multiple bank breaches (including JPM Chase) that involved 2 “hackers” from Israel? In addition to the field going through immense competition from niche players, having your countrymen (CYBR is an Israeli firm) get indicted like this does not help invester confidence.
Bought 1/2 ZG and 1/2 TSLA.
I doubled my position in WLL and joined the BTE trade. Cybersecurity (PANW and CUDA) is tempting, but oil stocks are the no-brainer of the day imo.
Joined you on some BTE
WYNN, AVGO, TSL
TGH and FTK…modest amount of buyer’s remorse