Last week I blogged an OA Buy in $XBI. The following day I blogged about rating my entry, for no purpose whatsoever.
Today, my Biotech rotation cometh.
I’ve got a big-dicked position in $LABU I’ve been holding nearly a year, $XBI, $NK and $ADRO. I missed my entry in $ONCE yesterday, which really has me bummed. This $PBYI I almost took yesterday, but the options are like Lara Flynn Boyle thin.
On the day, I added $CELG calls, and also took my $ATI position I’d been planning, took $VEEV calls and bought some $CMG weekly calls for next week.
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great call on $PBYI and $ATI – got them both near the open! You still obsessed with China stocks here? I grabbed $YY today
3 posts in a day? \
OA- you don’t think bitcoin can go much higher?
Here’s my take. Double top at 1,200. Wait to buy until it breaks that level by 100.
That type of approach makes me cringe.
I want a refund.
If the bond market “has troubles” is that going to cause the people who swore off stocks in 2008 and put their money in “safer” funds to lose their shirts once more while those in stocks make money? That just seems cruel and unusual.
The crowd has to be wrong. You cannot push things to their peak without having maximum demand and minimum supply. And when that happens you simply can’t sustain the prices created at those levels.
Once everyone is long, the least amount of selling pressure causes the maximum damage because there’s no bid.
I understand the theory, it just seems like it is going to suck for a lot of people (needlessly). I run into so many people at my job who WON’T look at their 401K, learn about the market or do anything because they don’t want to – and these guys are cybersecurity experts who can break into just about anything they want to – but finance is too difficult. I don’t understand the lack of desire to just learn that basics of a market and then apply.
Which bio do folks like better here. MYL or JAZZ?? Thx
ok, Just bitching about something off topic. I’m trying to plan ahead for a business conference in September in San Francisco. Looking to book my hotels early to get better pricing. Checked today and hotel rates are through the roof. Bay Area cost of living is insane these days!
try airbnb as well.
XON nice risk/reward here. Solid long term support
Based on the light traffic here on the site I’d say its time to get loaded up.
FEYE is up over 2% today. That normally means we’re done. LOL
Great call on $XBI , you kinda sniffed it a week in advance.
The reason you preferred XBI over IBB – The chart or rotation on sector/individual names?
Yes, the weighting.
Stalking EWW, UA, CHL, PANW, LNN, SEE.
And
Somene needs to short the EWI…
Thinking of going bondless in my IRA.
Added to $KMB today. It’s that high flying type of stock where you have to add some juice. I’m sure it’ll be a hot topic in a few days. Who doesn’t want to chat Kleenex on Fast Money?
(I actually liked the risk reward of my particular contract I’m in)
KOF starting to look good
X – the stock of fall 2016 and one of the big winners of 2016 – looking like it is pumping iron in order to be the stock of winter 2017.
Will 2017 be the year for Big Oil? A lot of inventory out there at 53Bbl. On Jan 20th the War on ISIS starts. Oil fields will become battlefields. All the folks that put their money out there on oil in 2014-15 probably won’t participate, UWTI is gone for good.
TODAY
TESO +8%
FET +6%
APLP+7%
AROC +6%