I’m having an interesting morning as the Chinese say, with much to keep my attention and interest. I closed out FIVE for a 2% loss after the broad market lost its momentum.
Early on I had eyes on both GTAT and RBCN, suspecting one of the sapphire names to run. I went with GTAT and the position is up 2 percent so I should be happy right? Wrong! RBCN was the choice to make, up as much as 10 percent on the day.
TPX is working off some of the post-earnings selloff and the only news I see is they’re supplying the Chicago Bears with beds during training camp. Please dispose of said beds in the proper biohazard receptacle afterwards.
FB lead by heartthrob Mark Zuckerberg is gliding along like a boat on the Spanish Riviera, all the while Marc whispering sweet nothings into my ear.
AMBA is going full Jeb Corliss for the time being. I like it because it lets me know the name has a pulse. Remember, momentum cuts both ways.
One long in the S&P futures, took a 1.5 handle loss. The trade had an 85 % plan compliance.If you enjoy the content at iBankCoin, please follow us on Twitter