DROPPED THE HAMMER

I bought the dip, even though it was far too fast.  I basically did this:

“That’s the plan.  Let me restate the plan in case you lost track: buy FB, buy back the shares I scaled in DDD and SINA (fiddler on the roof trading), and brood harder then Ryan Gosling about this NFLX put.”

But I closed the NFLX put and added a (Royal) RGLD on the side.

This rally almost got away from me…developing…

Cash down to 20%

Time to Drop The Hammer

I am from the school of thought that third time is always the charm.  Twice, I have bought the dip off a peak in the NASDAQ and TWICE I have been on the receiving end of a proper facial correction.  My greatest fear right now, as the market lets off its final throws is that I will have to buy a big gap up tomorrow.

I am afraid I am not long enough.  There I said it.

I was too long the other two times, and now I am not long enough to capitalize on my turn at buy the dip on the donkey.

You should have a list of high priority stocks, preferably ones who already reported earnings.  I want pure, uncut social crack rock so I will be e-stalking Facebook.  I need it to compliment my Z, ANGI, TWTR, and SINA.  My collection would be complete, like getting the Master Splinter slammer to complete you TMNT pog set.  It has to be done, even if it costs you a month’s wages.

I have to make a decision about this NFLX put too.  I will take luck over skill any day, but the harder I work the luckier I get.  HBO signed rights off to Amazon prime leaving everyone to wonder, is NFLX losing its clout?  Have they only built a House of Cards?  Groan all you want, I am not jiving this company at all.  It rubs me the wrong way more than any other momentum stock.  I scaled ½ my puts today.

ANGI reported very inline losses.  Bravo ANGI, you are really good at sticking to your forecasted numbers.  This may be enough to snap this old girl out of her funk.  If yes, then I stand to benefit.

I have some YELP calls which are about worthless right now.  They will be worthless unless the price of YELP is greater than $69 by Friday.  I am not sure any amount of hard work will produce the type of luck I need to see this play to victory.  Good news is I am trading well—I scaled ½ this position off when it went back to break even yesterday, after it quickly became a loser.  This is winning while losing.  It was at the same time I scaled some DDD and SINA which I now need to hurry up and buy back.

That’s the plan.  Let me restate the plan in case you lost track: buy FB, buy back the shares I scaled in DDD and SINA (fiddler on the roof trading), and brood harder then Ryan Gosling about this NFLX put.

Futures trading was red on the day, I lost -12 ticks or 4 points.  I am getting better my friends.  Much much better.  Of course once this simulated numbers are complete I have to lop off about 25% for slippage.  If this new strategy still stays green after this calculation, well then, it’s time to go live.  Great excitement!

Final note: if I seem a bit light in the loafers today, then it certainly is because I sidestepped the blood bath in CREE.  You may or may not know that a short week ago CREE and RVLT represented about 25% of my portfolio.  As of Monday afternoon, they represented zero percent.  Very nice, very clean.  I am still an LED man, but I will very carefully get back into these dorks.

What’s your top pick into my hypothesized rally?  I still like TSLA, but my top pick is stretched and resilient Zillow.

The Market is Still Living on Mother’s Milk

I took a series of trades today which on the net reduced my long risk exposure, an adjustment I deem necessary as I hypothesize the path of the Nasdaq futures.  How I see it, we may be nearing the swing high of our current intermediate trend.  Since this is the first rip I have sold into since we started the process of lower highs and lows on the Nasdaq, the market is likely to continue ripping higher as the tier one momo gets rolling again.

Tier one stocks like TSLA, ANY SOLAR (Happy Earth Day), FB, DDD, NFLX, WUBA etc etc…

I own a few of those and today I bought puts on NFLX.  The move was my first bearish bet on the year (another reason this may be a jack the ripper rally).  It looked really good initially.  I was watching the open far from my terminal, an elected move.  I took a decent time of day entry into the put given the overnight gap context both here and in the Nasdaq.  I expected the Nasdaq gap to fill, or at least ½ fill.  It did neither and NFLX found a buyer.  Have a look:

 

NFLX_04212014_w.out_symm

 

Needless to say, this put is on a tighter leash than a Chihuahua in a turtleneck.

I scaled off DDD and some YELP calls I took yesterday.  The DDD was a scale at my original basis which cleanly lowers my cost basis on the position but also puts me in the precarious position of increasing my exposure somewhere lower than here before we go higher then here.  I know, this stuff is like rocket science.

The YELP was actually a bit of risk aversion on my part.  The trade is intact.  I closed FCEL because of my whole HIGH QUALITY shtick up above and I wanted a small win. It closed strong which gives you a sense of the risk appetite out there today.  I may be behaving too meek.

Just in case I was being too meek, I went out and did the dirty.  I flipped to the backpages and bought some ANGI calls as a pure, fully adulterated, gamboll.  Meek, pfffff…

Futures trading is going great.  My systems are running better than ever.

CREE is down a cool 7% afterhours.  I haven’t read why, but I suspect I already know.  Prices…they’re going down down down.  Good.  Happy Earth day.

Book Shuffle

I prefer to base my decisions on data and I suppose there is some data I have been collecting lately to support my hypothesis, but mainly I cut CREE and RVLT today on gut instinct.  They say you should listen to your gut once in a while, especially when it is filled with high quality Easter leftovers.

Since these are moves that were somewhat unexpected, and I have bought a few new positions, I think a portfolio update is in order.  Here’s my stock book, largest to smallest:

LO, TWTR, AMBA, DDD, YGE, FCEL, Z, OESX, SINA, TSLA, GRNH

I scaled some SINA today at my original entry to bring my costs basis down and give me some dry powder to buy any weakness.  I closed RVLT and CREE and I also started a 1/2 stock position in Z and a new weekly option position in YELP.  My thought is, if YELP is going to squeeze shorts, this is the week to do it so why buy more time?  I am risking a little less than 1% of my book on YELP $69’s.  Cash is at 30% which is high for me, but I don’t have as clear a picture as I want so I am keeping my cash up.

/NQ_F simulation trading extracted 13.5 points of profit on the day.

NO More #LEDEMPIRE

I sold out of both $CREE and $RVLT, ahead of tomorrow’s CREE earnings after market close.  This may be the one time CREE actually rips since the last three quarters it has sucked a wind bag.

I am still with OESX, for now

A Completely Different Approach

For the past four weeks I have been focusing on the very early moments (minutes, rarely hours) of the marketplace and using it as my “tell” for the day.  The efforts have added a layer of auction understanding which aids in my intraday confidence.

However as I re optimize my algos I am noticing my strategy prefers to trade on a very lazy schedule.  The algo almost appears to be a slacker of sorts—coming in late and leaving early –all the while respected and left alone since he steady banks coin.  More later…

The Invisible Hand Giveth

My tech heavy portfolio is earning back some unrealized losses but I expect the ride will not continue to be smooth sailing for very long.  After the bell we had soft earnings from big new tech Google and big old tech IBM.  Both are lower afterhours.  You can read all about these announcements elsewhere, I’m sure, but I want to talk about Alibaba.

If you are in the trades then you have utilized this site.  There really is no way around it and without it our world would seem so much bigger than it actually is.  I use alibaba to generate 20 offers on a product in minutes.  This type of quotation capability is like old school stock market and I personally consider it one of the most interesting tools in my arsenal.

I like LED lighting.  So does everyone else in China apparently.  I am getting reports from my foot soldiers that there are about 3,385,749 LED vendors at the Guangzhou Canton Fair this year.  In market talk, this means there is an overwhelming number of intermediate term sellers in the market.  So many, that we are very likely to begin seeing serious incentives offered by these inventory heavy middlemen.  The key is to wait for these weak short term hands to become desperate and then begin accumulating an inventory below fair value to then flip onto the eager masses.  These supply constraints are pressuring many domestic LED companies who hold aging inventory.  Aggravating the situation more is Haitz’s Law which forecasts the steady improvement of LEDs much like Moore’s Law of computing power.

We could write off the entire industry and their stocks based on this fundamental information, or we can take the thought a bit further and consider who is likely to benefit.  Foremost, this does not jeopardize Cree.  Cree is a driver of innovation, researching and developing on the forefront of the technological edge in LED lighting.  They will prosper over the next ten years.  But will RVLT?

Revolution lighting is currently a hodgepodge of LED technology concentrated under one Nasdaq umbrella ticker symbol.  They offer everything from fabric LED strips for inside your cabinets to municipal grid systems with integrated software and controllers.  The problem is the model.  They have thousands of products and an untrained distribution force who struggles to properly communicate the benefit of LED lighting.  That and their prices are too high.

Hell, all LED lighting prices are too high.  This is a big fail for the industry, they need to get the prices down.  And whether they like it or not, market forces are hard at work behind the scene massaging price down with their omnipotent invisible hand.

This price drop will drive many business models into a negative cash flow environment, much like a scalper in the futures has seen their edge diminish as algos outperform them.  From disruption comes opportunity for leaner organizations to fill the demand void left behind.  This is all occurring as we speak.

In summary, Alibaba is making a fortune via shrinking international trade down to a few mouse clicks.  LED lighting is one of the most heavily peddled products on their site and it is moving by the container load as prices drop.  There is an LED inventory glut and it is nearly obsolete.  This is a unique opportunity for a lean organization to swoop up discounted product.  Businesses and individual consumers will have the opportunity to update their lighting to energy efficient LED at much better prices soon.

Finally an actionable stock, AIXG.  This chart reminds me of FSLR before they released their FY15 guidance and a massive rip ensued.  They are German which says precision to me.  I have viewed their strategy and what I like most is the clear expectations and measurable goals they have set.  They have also made a heavy drive into strengthening their corporate culture.  I have seen this type of strategy play out and it can be very potent.  I have no position in this stock, but it ranks high on my want list.

In completely unrelated news, my algos are performing well, as am I, in the testing grounds.  We will see how the numbers look by month end, but great strides are being made in the race to develop a consistently profitable futures trading hybrid strategy.

And just slightly aside, I cannot believe jackass NY attorney general subpoenaed a number of HFT firms. Prepare to be on the receiving end of a wave of angry algo robots throttled to full speed.

Still on The Give

My portfolio continues to eroded with each wave of selling.  The upward progress made in the NASDAQ was not reflected in my portfolio, a basket of high spec technology.  Instead today’s theme was energy and hourly reminders that Dick Costello has no plans to sell any Twitter shares.

I sold some RVLT today, thinking earnings were on deck.  It appears however that was not the case.

A few pieces of the market caught my attention today.  First is ONVO which was absolutely crushed today.  They are liquidating any 3D printing company as if each was a flaming bag of garbage.  As far as sentiment goes, these stocks are incredibly unpopular to the point of excess.  Does society no longer stand to benefit from the prospects of 3D printing?  I still sense there is something of a breakthrough near for this industry.  Second was the neutral print on both the NASDAQ and the S&P.  We saw legitimate buying interest today.  Perhaps it was the fair weather of the weekend creating a sense of optimism or the illustrious glow of the blood moon.  Regardless, we are seeing signs of buyers down here at a potential bracket low for a very large range. Range trade would be a welcomed change for me to unleash my algorithm.

I spent most of the day working out the kinks in my algorithm.  I am nearly ready to unleash him back into the marketplace.  Futures trading can be stressful if you let it.  Often times this is due to position sizes that are too large and stops that are too tight.  Testing, lots of testing, can reveal where your stops should be.  Then once the conditions merit a given algo, turn it on and let the entry automatically happen.  At this point I can adjust targets and stops to logical price levels and mainly stay out of the way.

In summary, we may be entering a trading range here, but that may just be the thoughts of a hopeful optimist.

Headstrong into The Hole

The NASDAQ cannot find a solid bid as the month of April progresses.  Interestingly enough, many people live a grand life outside of the market, sashaying about the globe without much worry about the financial markets.  To them, this has just been another month of doing whatever their preferred vocation is.  Yet here we are, some of us flexing on the short side and others fighting the tape.  I am fighting the tape, the latter party to this fiasco.  The one who is being clunked on the head 5-6 times per working day.

I have not put together a winning position once this week.  As of the closing bell I was all in.  I have a slight shade of old man with one position, LO.  The rest is pure momentum crack.  I am certain this book would cause a stroke in most:

CALLS: FB 62.50s (-70%) KNDI 17.5 (-95.69% they’re dead) WUBA 50 (-52%) YELP 82.50 (-98% dead) GOGO (-84% still alive)

STOCK: AMBA (-7%) CREE (-9% on my LIFOs) DDD (-8%) ENPH (-13%)  IMGN (-25%) OESX (-11%) RVLT (-12% on my LIFO) SINA (-4.5%) TSLA (52.15%) TWTR (-21%) and YGE (-11.7%)

Rest assured, most of these stocks will snap back with great vengeance and vigor.  Sadly, all of them will not.  But, these are questions for Sunday strategy and decisions for next week.  Have a great weekend, rest, get outside, eat a good sampling from Costco, for Monday we must navigate our down dogged market.

 

-16% YTD

DROPPED THE HAMMER

I bought the dip, even though it was far too fast.  I basically did this:

“That’s the plan.  Let me restate the plan in case you lost track: buy FB, buy back the shares I scaled in DDD and SINA (fiddler on the roof trading), and brood harder then Ryan Gosling about this NFLX put.”

But I closed the NFLX put and added a (Royal) RGLD on the side.

This rally almost got away from me…developing…

Cash down to 20%

Time to Drop The Hammer

I am from the school of thought that third time is always the charm.  Twice, I have bought the dip off a peak in the NASDAQ and TWICE I have been on the receiving end of a proper facial correction.  My greatest fear right now, as the market lets off its final throws is that I will have to buy a big gap up tomorrow.

I am afraid I am not long enough.  There I said it.

I was too long the other two times, and now I am not long enough to capitalize on my turn at buy the dip on the donkey.

You should have a list of high priority stocks, preferably ones who already reported earnings.  I want pure, uncut social crack rock so I will be e-stalking Facebook.  I need it to compliment my Z, ANGI, TWTR, and SINA.  My collection would be complete, like getting the Master Splinter slammer to complete you TMNT pog set.  It has to be done, even if it costs you a month’s wages.

I have to make a decision about this NFLX put too.  I will take luck over skill any day, but the harder I work the luckier I get.  HBO signed rights off to Amazon prime leaving everyone to wonder, is NFLX losing its clout?  Have they only built a House of Cards?  Groan all you want, I am not jiving this company at all.  It rubs me the wrong way more than any other momentum stock.  I scaled ½ my puts today.

ANGI reported very inline losses.  Bravo ANGI, you are really good at sticking to your forecasted numbers.  This may be enough to snap this old girl out of her funk.  If yes, then I stand to benefit.

I have some YELP calls which are about worthless right now.  They will be worthless unless the price of YELP is greater than $69 by Friday.  I am not sure any amount of hard work will produce the type of luck I need to see this play to victory.  Good news is I am trading well—I scaled ½ this position off when it went back to break even yesterday, after it quickly became a loser.  This is winning while losing.  It was at the same time I scaled some DDD and SINA which I now need to hurry up and buy back.

That’s the plan.  Let me restate the plan in case you lost track: buy FB, buy back the shares I scaled in DDD and SINA (fiddler on the roof trading), and brood harder then Ryan Gosling about this NFLX put.

Futures trading was red on the day, I lost -12 ticks or 4 points.  I am getting better my friends.  Much much better.  Of course once this simulated numbers are complete I have to lop off about 25% for slippage.  If this new strategy still stays green after this calculation, well then, it’s time to go live.  Great excitement!

Final note: if I seem a bit light in the loafers today, then it certainly is because I sidestepped the blood bath in CREE.  You may or may not know that a short week ago CREE and RVLT represented about 25% of my portfolio.  As of Monday afternoon, they represented zero percent.  Very nice, very clean.  I am still an LED man, but I will very carefully get back into these dorks.

What’s your top pick into my hypothesized rally?  I still like TSLA, but my top pick is stretched and resilient Zillow.

The Market is Still Living on Mother’s Milk

I took a series of trades today which on the net reduced my long risk exposure, an adjustment I deem necessary as I hypothesize the path of the Nasdaq futures.  How I see it, we may be nearing the swing high of our current intermediate trend.  Since this is the first rip I have sold into since we started the process of lower highs and lows on the Nasdaq, the market is likely to continue ripping higher as the tier one momo gets rolling again.

Tier one stocks like TSLA, ANY SOLAR (Happy Earth Day), FB, DDD, NFLX, WUBA etc etc…

I own a few of those and today I bought puts on NFLX.  The move was my first bearish bet on the year (another reason this may be a jack the ripper rally).  It looked really good initially.  I was watching the open far from my terminal, an elected move.  I took a decent time of day entry into the put given the overnight gap context both here and in the Nasdaq.  I expected the Nasdaq gap to fill, or at least ½ fill.  It did neither and NFLX found a buyer.  Have a look:

 

NFLX_04212014_w.out_symm

 

Needless to say, this put is on a tighter leash than a Chihuahua in a turtleneck.

I scaled off DDD and some YELP calls I took yesterday.  The DDD was a scale at my original basis which cleanly lowers my cost basis on the position but also puts me in the precarious position of increasing my exposure somewhere lower than here before we go higher then here.  I know, this stuff is like rocket science.

The YELP was actually a bit of risk aversion on my part.  The trade is intact.  I closed FCEL because of my whole HIGH QUALITY shtick up above and I wanted a small win. It closed strong which gives you a sense of the risk appetite out there today.  I may be behaving too meek.

Just in case I was being too meek, I went out and did the dirty.  I flipped to the backpages and bought some ANGI calls as a pure, fully adulterated, gamboll.  Meek, pfffff…

Futures trading is going great.  My systems are running better than ever.

CREE is down a cool 7% afterhours.  I haven’t read why, but I suspect I already know.  Prices…they’re going down down down.  Good.  Happy Earth day.

Book Shuffle

I prefer to base my decisions on data and I suppose there is some data I have been collecting lately to support my hypothesis, but mainly I cut CREE and RVLT today on gut instinct.  They say you should listen to your gut once in a while, especially when it is filled with high quality Easter leftovers.

Since these are moves that were somewhat unexpected, and I have bought a few new positions, I think a portfolio update is in order.  Here’s my stock book, largest to smallest:

LO, TWTR, AMBA, DDD, YGE, FCEL, Z, OESX, SINA, TSLA, GRNH

I scaled some SINA today at my original entry to bring my costs basis down and give me some dry powder to buy any weakness.  I closed RVLT and CREE and I also started a 1/2 stock position in Z and a new weekly option position in YELP.  My thought is, if YELP is going to squeeze shorts, this is the week to do it so why buy more time?  I am risking a little less than 1% of my book on YELP $69’s.  Cash is at 30% which is high for me, but I don’t have as clear a picture as I want so I am keeping my cash up.

/NQ_F simulation trading extracted 13.5 points of profit on the day.

NO More #LEDEMPIRE

I sold out of both $CREE and $RVLT, ahead of tomorrow’s CREE earnings after market close.  This may be the one time CREE actually rips since the last three quarters it has sucked a wind bag.

I am still with OESX, for now

A Completely Different Approach

For the past four weeks I have been focusing on the very early moments (minutes, rarely hours) of the marketplace and using it as my “tell” for the day.  The efforts have added a layer of auction understanding which aids in my intraday confidence.

However as I re optimize my algos I am noticing my strategy prefers to trade on a very lazy schedule.  The algo almost appears to be a slacker of sorts—coming in late and leaving early –all the while respected and left alone since he steady banks coin.  More later…

The Invisible Hand Giveth

My tech heavy portfolio is earning back some unrealized losses but I expect the ride will not continue to be smooth sailing for very long.  After the bell we had soft earnings from big new tech Google and big old tech IBM.  Both are lower afterhours.  You can read all about these announcements elsewhere, I’m sure, but I want to talk about Alibaba.

If you are in the trades then you have utilized this site.  There really is no way around it and without it our world would seem so much bigger than it actually is.  I use alibaba to generate 20 offers on a product in minutes.  This type of quotation capability is like old school stock market and I personally consider it one of the most interesting tools in my arsenal.

I like LED lighting.  So does everyone else in China apparently.  I am getting reports from my foot soldiers that there are about 3,385,749 LED vendors at the Guangzhou Canton Fair this year.  In market talk, this means there is an overwhelming number of intermediate term sellers in the market.  So many, that we are very likely to begin seeing serious incentives offered by these inventory heavy middlemen.  The key is to wait for these weak short term hands to become desperate and then begin accumulating an inventory below fair value to then flip onto the eager masses.  These supply constraints are pressuring many domestic LED companies who hold aging inventory.  Aggravating the situation more is Haitz’s Law which forecasts the steady improvement of LEDs much like Moore’s Law of computing power.

We could write off the entire industry and their stocks based on this fundamental information, or we can take the thought a bit further and consider who is likely to benefit.  Foremost, this does not jeopardize Cree.  Cree is a driver of innovation, researching and developing on the forefront of the technological edge in LED lighting.  They will prosper over the next ten years.  But will RVLT?

Revolution lighting is currently a hodgepodge of LED technology concentrated under one Nasdaq umbrella ticker symbol.  They offer everything from fabric LED strips for inside your cabinets to municipal grid systems with integrated software and controllers.  The problem is the model.  They have thousands of products and an untrained distribution force who struggles to properly communicate the benefit of LED lighting.  That and their prices are too high.

Hell, all LED lighting prices are too high.  This is a big fail for the industry, they need to get the prices down.  And whether they like it or not, market forces are hard at work behind the scene massaging price down with their omnipotent invisible hand.

This price drop will drive many business models into a negative cash flow environment, much like a scalper in the futures has seen their edge diminish as algos outperform them.  From disruption comes opportunity for leaner organizations to fill the demand void left behind.  This is all occurring as we speak.

In summary, Alibaba is making a fortune via shrinking international trade down to a few mouse clicks.  LED lighting is one of the most heavily peddled products on their site and it is moving by the container load as prices drop.  There is an LED inventory glut and it is nearly obsolete.  This is a unique opportunity for a lean organization to swoop up discounted product.  Businesses and individual consumers will have the opportunity to update their lighting to energy efficient LED at much better prices soon.

Finally an actionable stock, AIXG.  This chart reminds me of FSLR before they released their FY15 guidance and a massive rip ensued.  They are German which says precision to me.  I have viewed their strategy and what I like most is the clear expectations and measurable goals they have set.  They have also made a heavy drive into strengthening their corporate culture.  I have seen this type of strategy play out and it can be very potent.  I have no position in this stock, but it ranks high on my want list.

In completely unrelated news, my algos are performing well, as am I, in the testing grounds.  We will see how the numbers look by month end, but great strides are being made in the race to develop a consistently profitable futures trading hybrid strategy.

And just slightly aside, I cannot believe jackass NY attorney general subpoenaed a number of HFT firms. Prepare to be on the receiving end of a wave of angry algo robots throttled to full speed.

Still on The Give

My portfolio continues to eroded with each wave of selling.  The upward progress made in the NASDAQ was not reflected in my portfolio, a basket of high spec technology.  Instead today’s theme was energy and hourly reminders that Dick Costello has no plans to sell any Twitter shares.

I sold some RVLT today, thinking earnings were on deck.  It appears however that was not the case.

A few pieces of the market caught my attention today.  First is ONVO which was absolutely crushed today.  They are liquidating any 3D printing company as if each was a flaming bag of garbage.  As far as sentiment goes, these stocks are incredibly unpopular to the point of excess.  Does society no longer stand to benefit from the prospects of 3D printing?  I still sense there is something of a breakthrough near for this industry.  Second was the neutral print on both the NASDAQ and the S&P.  We saw legitimate buying interest today.  Perhaps it was the fair weather of the weekend creating a sense of optimism or the illustrious glow of the blood moon.  Regardless, we are seeing signs of buyers down here at a potential bracket low for a very large range. Range trade would be a welcomed change for me to unleash my algorithm.

I spent most of the day working out the kinks in my algorithm.  I am nearly ready to unleash him back into the marketplace.  Futures trading can be stressful if you let it.  Often times this is due to position sizes that are too large and stops that are too tight.  Testing, lots of testing, can reveal where your stops should be.  Then once the conditions merit a given algo, turn it on and let the entry automatically happen.  At this point I can adjust targets and stops to logical price levels and mainly stay out of the way.

In summary, we may be entering a trading range here, but that may just be the thoughts of a hopeful optimist.

Headstrong into The Hole

The NASDAQ cannot find a solid bid as the month of April progresses.  Interestingly enough, many people live a grand life outside of the market, sashaying about the globe without much worry about the financial markets.  To them, this has just been another month of doing whatever their preferred vocation is.  Yet here we are, some of us flexing on the short side and others fighting the tape.  I am fighting the tape, the latter party to this fiasco.  The one who is being clunked on the head 5-6 times per working day.

I have not put together a winning position once this week.  As of the closing bell I was all in.  I have a slight shade of old man with one position, LO.  The rest is pure momentum crack.  I am certain this book would cause a stroke in most:

CALLS: FB 62.50s (-70%) KNDI 17.5 (-95.69% they’re dead) WUBA 50 (-52%) YELP 82.50 (-98% dead) GOGO (-84% still alive)

STOCK: AMBA (-7%) CREE (-9% on my LIFOs) DDD (-8%) ENPH (-13%)  IMGN (-25%) OESX (-11%) RVLT (-12% on my LIFO) SINA (-4.5%) TSLA (52.15%) TWTR (-21%) and YGE (-11.7%)

Rest assured, most of these stocks will snap back with great vengeance and vigor.  Sadly, all of them will not.  But, these are questions for Sunday strategy and decisions for next week.  Have a great weekend, rest, get outside, eat a good sampling from Costco, for Monday we must navigate our down dogged market.

 

-16% YTD

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