Coming into the day/week my watchlist has been pretty slim. It seems we continue to chop around the same range that began earlier in the year:
We lost the 200 day moving average earlier in the day, but the bulls quickly recovered it once again. How long can this last?
My top long idea still continues to be $GOOGL. With long term money, the integrated oils are becoming attractive with $COP yielding +6%. And, how about our little $NK from yesterday? Still romping.
There is little that I want to buy here, so I will continue to sit on my hands. The close will be interesting…
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sold 1/2 $NK @ 25.94, from 21.98 entry
Natural killer with that NK son. Props yo.
I’m eying ZYNE next
you still in BZUN. I’m considering picking some up here in the high 6’s.
Sold before earnings yesterday for a loss. I never hold positions into earnings unless I have a nice cushion, as I did with the GOOGL trade. Been burned too many times.
I didn’t get any. Everything is too fucked right now to gamble on a chinese small cap