If it were not for lower prices yesterday…well, actually, things probably would have worked out anyway.
What a splendid week of gains its has been thus far. Despite full moons and geopolitical risk, not much has been able to dethrone the year end rally.
Want a good reco here? Buy $FB. Best buy out there. Hold it til December at minimum.
OA
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Seems PYPL successfully carved out a slightly higher low, looks good for Dec if that’s the case. PIcked up couple more Jan 40s yesterday.
Still like the look of MU but avoided adding to the position. A catalyst would be great right about now.
What catalyst might you expect? Buyout?
I don’t expect anything particular. Earnings are over so just something to kick it off, news or whatever. I am just bored watching it but have no plans to exit Dec 17s or Jan 19s.
LP, while I’ve taken a longer term view on PayPal, I’m nonetheless bullish on it. They’ll end up doing a ton of transactions over the holiday time, and Venmo is straight to be monetized. Check out my post on them.
Will do
Bought FB. getting close to taking profits on QURE.
What do I do with this fat profit in ANF?
Help me, i completely forgot what winning feels like.
Best…pic…ever.
Was just reading about the history of the turkey pardon because of that pic. The wiki entry is better than the NPR article posted 2 hours ago. JFK pardoned a turkey 4 days before he died then Nixon pardoned the very same turkey the next year. Lucky bird… though I am sure it died from being obese.
If you had no position on crude here, how would you do it? Uso/uwti? Underlying? Calls? Oil stocks?
Independent E&P companies the best way to play it imo. $WLL and $OAS look fantastic here.
Sold my position in TNA @ 75.06. Kept my small TZA so you could say I’m short the Russell, but not much. I know where I’ll add it back above or below 75.