Lateral Moves

While Le Doctour has taken the market’s indecision as a cue to back off from his positioning, I have been aggressively churning my portfolio like a tap dancer in a minefield.  Stocks are blowing up, and blowing down.  Stock pickers are totally en vogue as money sloshes around in the market.

Today I sold my remaining shares of LEDS around 1.35 and a brief look back suggests I sold too early.  That’s the problem with knowing a company is complete shit, you’re trigger happy on the gains.  However, a 25 percent gain in two days is sufficient to keep bread on my table.

I bought ANGI back and it started ripping so I bought more.  It’s a full position now, threatening to make all-time highs alongside our historic market.

I closed out RGLD in a passive manner.  I placed a protective stop on the name ensuring I would earn 5 percent.  It triggered and I went on my merry way.  Plus the gold chart looks peak’ish.

Into the bell, @ragincajun dropped some breadcrumbs in the back ally, via the hybrid movers, and I curb-stomped two other bums to get my hands on the best pick, AIG.  I’m long AIG now.

Finally it took every bit of discipline I have to not sell ZNGA.  It’s been flirting with my stop all day.  It’s been trading like a loser all week, but it hasn’t crossed my risk parameter yet.  It’s simple ruffling my feathers in a most egregious manner.  Let’s hope she doesn’t gap down on me.  Come’own everyone, do some hoping for Raul.

Cheers,