FORTY

JDST PRINTS $40. HAVE A NICE DAY.

OA

For a limited time only, if you purchase one of our last 10 available seats to Vegas, you can come pan for Gold with me in Las Vegas this weekend.

Speaking of which, the miners are still plummeting and JDST is a dollar away from the price target I quoted back at our first purchase of it at $12. It’s tough to rationalize a buy here, especially when the metals keep gapping lower every few days. Let it play out as long as you can, but $40 was my target on the break of support in Gold, and we haven’t see any sort of capitulation yet.

I booked CYBR gains today because holding this each day waiting for a pop is pretty unfulfilling, and booked a loss in GRUB calls. My trash bin stocks have popped and have now locked. I scratched DATE, but am still holding a few others into tomorrow.

Top pick for the long term here is SCCO, top pick for a trade – DECK. Waiting for my retail stocks to perk a bit before taking on another trade in this space.

OA

Lo and behold, Dave Einhorn has covered shorts in LULU and UA according to his quarterly letter. His fund took a right cross last quarter as he was short shares of US Steel into a very uncharacteristic rally in the stock. Remember that rally?

I’m only trading in the trash bin today, aside from a long in GOOGL here for an overnighter.

I’d keep a close eye on TWTR as it attempts to bottom, and I am also watching DECK for another stab at retail.

BTW – BABA at days highs.

OA

Of my Fecal Stock Portfolio from yesterday, here are the names I’m picking off today.

COSI

PZZI

EKSO

LEDS

Any volume in these stocks will likely set up a good day/swing trade.

What else are you eyeballing here?

OA

Quit trying to buy gold and miners here. THEY ARE CRASHING.

For those of you that thought my price target of JDST was insane, we’ll hit it here today. Pretty unreal.

Also, BABA is set to explode here today. Want to see my comparisons of BABA to TWTR again?

Amazing call.

I’ve got the headline here today and will likely only blog about my JDST and BABA gains today, like an asshole.

OA

Thank you for your contributions. Thus far I have collected the following tickers I will be circling around. They are as follows…

LEDS

COCO

COSI

EKSO

DATE

ACI

SYN

RSH

VHC

ZQK

JOEZ

KEYW

CARA

MCP

Thank you for your participation. Best scan session in weeks.

OA