I’ve come to live by one saying in today’s markets and it’s, “get it while it’s here, boy.” Because in complete honesty, any spectacular hype surrounding pockets of momentum won’t feel the same next year, week, or even hour. When a stock is hot, it’s hot. Higher highs, higher lows, and cocaine dances. When it’s not, it’s National Bank of Greece.
We are undergoing a slight bounce back after a brutal five percent correction. Did you blink? You may have missed it. As investors peer out of their bunkers, weary from the bombs dropped on their person, they see a strange sight. It’s Sir Raul, dressed in ceremonial red marching regalia, tap dancing through a mine field. The sight is so unexpected, so beautiful, they don’t even reach for their gun, they simply watch.
Just as I clear the field and hunker down into a foxhole with many women and Chairman Mao! You come to your senses attempt to clear the field. You saw the path I took, you see how effortless it was. You go for it. Only at that very moment a B-52 bomber blankets the entire field with liquid hot napalm. You’re dead. Keep that in mind.
I’m nearly filled to the gullet with high spec, high momentum names. Names like YGE, FSLR, DDD, YY, LEDS, and more. I’ll either party all week long with The Chairman, or suffer the very possible drone strike after the NSA hones in on my cell phone whist I order pizza.
It appears the market has gone completely stagnant as I write. Regardless, PRESS THE BOOT!
The only stocks sold were those that will not aggressively appreciate in value. I cut AAPL and TSLA.Comments »