Netflix is hurrying back to $300, its rightful and lawful price given to it from the Gods of cinema. Apple is finished and semiconductors, like KLAC, QLGC, LSCC and RMBS, are all the rage.
OSK reported an outrageously good number, once again helping the prospects for trucking stocks. NAV is my favorite in the space, not because of the fundamentals, but because of the potential upside. I consider it to be a powerball ticket.
Bill Ackman is getting the business again, with shares of HLF trending up. It seems all of the high profile shorts, like GMCR, CMG, are ripping to the upside. Dare I say, it’s folly to disclose a short position to the world, unless you’re planning to cover your short right away. I don’t think it’s tactful or gentlemanly to hold these press conferences, highlighting reasons why XYZ is going to zero. These short sellers have it coming to them, AND MORE.
I’m fully invested, with less than 5% in cash. I am up 0.8% for the day and +7% for the year.
The Yen is getting wrecked today and SNE is up nicely off an upgrade. WETF and HMC are my favorite Japanese plays.
Finally, I like the look of OVTI here, as well as MOS. I want to position into Ag before the planting season, which is less than a month away. This is the season for Ag. Don’t expect Ag stocks to trend higher all year long. But you should expect them to keep going up now.If you enjoy the content at iBankCoin, please follow us on Twitter