Fire in my Hood

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I have been absent for a few days, but I have enjoyed the sharp rally that has brought us back to new highs. It appears that we are currently ignoring seasonality, and pressing on. My positions and charts can be found here on Finviz. I added a new position, APP. I am in this name for a quick technical trade. I remain over 90% invested to the long side. Granted, most of my stocks trade without giving a damn about the broader market.

There’s a wildfire breaking out in my hood. Everything seems under control, yet the media is pumping this like a penny stock promoter.

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There’s the inside look. Brought to you by the TPain Local News Network. Speaking of news channels, keep watching MEG for a reach to new highs. Back to the stock market. I sifted through a few setups that I believe are valuable enough for you guys to take a look at.

The first is CALL. This is a devil pick the Fly mentioned the other day. The technicals look ready for a short squeeze to commence.

Screen shot 2013-05-02 at 4.11.56 PM

 

Another is APP. I bought it today. Might be a little early.

Screen shot 2013-05-02 at 4.16.26 PM

 

Lastly, there’s CX.

Screen shot 2013-05-02 at 4.17.36 PM

 

Let me know if you guys have any other setups in mind.

One Response to “Fire in my Hood”

  1. $CORN has bottomed. I expect a move to 45 when the impact of flooding in the midwest is digested.

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