The market made an interesting move this morning after establishing initial balance. We will take a closer look at the specific details later on today but its suffice to say a new trading picture is emerging from the opening swing.
I was down a hefty bit today, led down by the aggressive selling in YELP. I had in mind a stop on this stock but in only a few moments of being away from the computer it blew right through that level. Now I have no choice but to hold onto my nearly worthless option premium.
I still like my changes with LULU going into tomorrow. The yoga pant is looking ready as ever to bust a move. I managed to scale off some of my Z calls at the high of the day early on
Everything else is still in place. Perhaps the market will motivate me to act further tomorrow?
If you enjoy the content at iBankCoin, please follow us on Twitter
Raul, I’ve been a long time hater of the LULU, but man…does it ever have ‘the look’. Was hoping for a tad more of a pull back, but it held up.
I have been a long time fan of seeing who can squeeze into these.
Ride or die homie.
What choice do we have but to ride or die?