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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Top Pick(s) This Week

RaginCajun Wed Aug 20, 2014 12:43am EST 2 Comments

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You got to love the way MBLY traded today, closing near the session’s highs. Despite me locking in a nice win in the name today, I think the run continues all week for the recent iPO– it just has that MOMO feel to it.

Here are a few others I’m watching this week: CHGG, N, EOG, & UNXL

And, if I sense an inflection point, where this rally runs out of fuel, I may just snag some UVXY and call it a day. But we all know that’s crazy talk.

Let’s watch this UNXL/UVXY

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2 comments

  1. bensteinsmoney
    bensteinsmoney
    August 20, 2014 at 4:21 am

    Took some AEO despite expectation of poor earnings report tomorrow. I expect the overplayed news of the over- abundance of jean products (now out of fashion) and discussed ad nauseam for weeks is baked into the stock price. Will know soon enough but seasonally this one seems to have a nice run from Sept to Dec just about every year and worth the risk.

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  2. operator1
    operator1
    August 20, 2014 at 6:18 am

    Love that N which I bought last week. WFM is one I’m watching.

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