I like the look of the market here today with the usual divergences in play. I happened across a lucky opportunity yesterday in my Burrito love affair, and has paid handsomely.
I booked a gain in $SPLK today and used the proceeds to average a position in $TSLA a few minutes ago. I have lost more money in that name this year than I can count, so like $CMG yesterday, and $BIDU back on 7/29, I told $TSLA that this is our last chance to “make this work.” I gave these three stocks an ultimatum in my last purchases. 2 of the 3 relationships have paid out and we’ve mended our recent differences, now it’s up to $TSLA. The ball is in her court. Naturally, I am invested in her and have given her an opportunity to make things right.
I also bought back into $SOHU after yesterday’s sale. I needed more time, so I locked the September win at its relative high, and bought back into an October position just off the low today. We’ll see how that works out.
The last trade I’ll take today is to add to $LN, should I choose to do so.
If you enjoy the content at iBankCoin, please follow us on Twitter
Been meaning to give you props for that $BIDU call. I remember the gnashing of teeth from the peanut gallery as you held firm! Your teaching is so good but I’m starting to think you have a chemical makeup that is found in less than 1/10th of 1% of us. Or just a giant pair….no homo
You had highlighted WDC a few weeks ago, iirc. Did you ever take a position? It’s flying today. I’m thinking about adding to my NFLX position on todays weakness and very happy with the move in UAL.
Last week you said you’d explain how the Sep 1 candle in TWTR was “supposed to make me feel bearish.” Care to pick up that discussion?
WDC was my question for OA. He confirmed that it fits his sentiment map.
I had it from just before that, and still do.
FWIW, similar setup now is in KEX. Easy to manage against last bottom. If it doesn’t hold – there is no bottom… lol
I did take a position, yes.
Magnum, I feel the price action in TWTR was to get you to sell before it moves higher. That’s been right so far and should look even more obvious tomorrow.
Still view this as bearish?
I’m buying some FIT here
https://postimg.org/image/srz1jf06z/
Liking the $PYPL action thus far
Trying the OA ROLL in my $TWLO position. Scaling from $55’s to $60’s.
Added to $SCCO leaps.
Looking to book September $KMI’s and seeing how $CPB handles these lows to book the puts or let them roll.
$ADPT is down appx 17% today, are any of you thinking about picking up any shares or calls, or is a falling knife scenario? Cheers!
-Dague
Nope. You? I’ll take the loss, got better things working.
seems like an overreaction to CEO retiring news. I’ll probably buy some oct. calls once it stabilizes.
$BLUE is still my favorite. $XON getting a stupid halt and pop.
iphone plays aside from the obvious AAPL?
$IFON for the win….lol
Completely unrelated does anybody else get the Sprint “Can you hear me now” – ex VZ guy confused with Jarod from Subway
S shares look good…FWIW
Feels like a motivated buyer or two have entered the pits….lots of YOLO opportunities
I guess your question above was answered — Nintendo
$SHEN? a few bullish divergences happening; Or, maybe, I should avoid the dumpster diving?
All you bro. Stock looks like ass.
@OA I am currently enjoying some big dick gains in my $PYPL calls of this weeks expiration. This move looks like the start of a bigger move. Would you agree or does this resemble a pop and drop to you ?
Looks good thus far. Traded through POC. At the moment, resisting the urge to play for B/E…lol
Lol. Sounds good. Thanks boss.
Like the TSLA – I’m going to step in and go long.
What about $SNA. OS in Exodus and has your wedge going. Not really in the hottest sector though.
Added LN Sept 40 calls
What’s going on with GWPH?
Up for sale.
Anyone shorting NTDOY here?
$GPRO getting kicked in the nads. anyone buying here?
For anyone interested in $ASHR from OEW:
https://caldaro.wordpress.com/2016/09/08/china-new-bull-market-underway/