Very insignificant reaction to the Fed here. I’m finding very little I want to do here besides get outside and enjoy the sun as quickly as possible.
Breadth is running great under the surface here. Correlations dropped quite a bit since Friday’s spike, and speed has come back down considerably. Small caps are out in front, which is usually a great sign of what the market is wanting to do here.
I like $AAPL a little lower, $CHKP, $GPRO, $KATE and $FTI. Picked up $PANW today and missed my $FCX under $10 entry yesterday that has me sitting here dwelling in pissed.
Top picks here?
OA
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I’m giving $SOL a shot here.
ROST
TDW
I think we’ll get a shot at $FCX.
That buy yesterday would have been comfortable, so I didn’t pull the trigger.
I think there’s going to be one that presents itself and is a little bit uncomfortable. That’ll be the one to buy.
Bogle is hosting a conference call right now with Vanguard investors.
I am beating iBC severely with Bogle’s advice.
You’re beating your pud if you think you’re beating me.
You’re the only one on this site that agrees with Bogle.
Says a HF Trader he knows executes a trade in 320 milliseconds.
Buffet set up a trust for his family invested 90% in VTI.
That’s an interesting tidbit right there.
I literally just finished watching this week’s John Oliver and had to check the fees…
I wonder what fees he collects to put them 90% in a 0.05% index fund.
AH, read that wrong – his own family.
$PAA $PANW $FEYE
$PVH $WYNN $DIS
Kinda thought I may see a ‘long NQ_F @ …’ after reading above and seeing that weird sell of at the end of the day.
Best change I’ve made lately is minding expirations. I’m only trying to play standard expiry on the less liquid ones, and staggering those that offer weeklies. This
(oops) … This sell off didn’t do too much damage because I only have a couple of things coming off this week.
Bot JDST 9.67 in PM.
With you at 9.50. Sold a few days ago at 11.55 so buying them back.
Great entry. GL
2085 to 2057. Closing out my spx puts. Praying we don’t flush now. Levels matter
OA, any names your buying on this dip? Can we have a fun afternoon and close green?
Yeah, reversal day today.
Really? Seems like it’s going the other way. Slow bleed
Time for a motivated buyer to step up — lots of puts bought opening half hour.
Equity buyers will step up en masse if Gold is unable to get above 3AM high of 1316.58. Love JDST here for a double.
Watch the sheep run away from the gold trade….FUCK THE ARK and all the Princeton Pussies driving it
Should’ve kept them puts
staring at $VIX and wondering why I didn’t buy it when I saw the Fed/Brexit nonsense coming 2 weeks back. Spotted it, asked about it, planned for it- just didn’t pull the trigger. I hate those.
Any thoughts on AMKR long here?
$BIDU is on a tear