It was a depressing tape today, one where I just sat in front of my screen, like a damn zombie, watching my positions do absolutely nothing.
I thought this was going to be the day for us oil men, but no cigar. I thought this was going to be the day of TWTR, but flatlined. I thought this was going to be the day for DDD, but all we got was a weak close. I do like that SSYS chart though– while we are on the subject of 3D stocks.
I remain long a few names, but my finger is firmly on the sell trigger. No new positions to speak of today. I’ll be back in a bit with some ideas for tomorrow’s tape.
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There’s a diaper that needs changing? Maybe that will bring closure to your otherwise, flat uneventful day?
indeed there is.
Marc – Have you ever changed a diaper? I’ve never been trusted to.
iBC has been beating the oil horse until there is nothing left to beat.
Same with biotech.
Professional traders don’t buy sectors that are out of favor, especially ones that have had an epic run.
What’s new and exiting? Real estate and the Mega Cap index.
don’t care for biotech unless it’s BIS. Oil, I’m guilty of being a buyer here.