And that is reality.
Like I said yesterday, stocks aren’t trading up because they’re awesome. This is a liquidity driven rally that begets momentum and vice versa. This ends when earnings come in worse than expected. So the big risk to your portfolio now isn’t the Fed tapering or a broad market pullback, but the earnings that drive these companies itself.
Due to the extent of the rally, the pullbacks on a bad downside surprise will be brutal, rapish. To avoid jailhouse accommodations, you should avoid names that might disappoint this earnings season. By the way, that entails almost every single small cap stock that is publicly traded. I have many reservations about holding my positions into showtime. I view these dates as deadlines that offer the specter of heinous, animalistic, attacks upon my physical structure.
That being said, I just nailed the RKUS trade, but was a little late to the game. Many members of The PPT bought in at $13 the other day when it flagged oversold. Ask about it.
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RKUS was a kick ass PPT call. Nailed the bottom perfectly. Another great call by the PPT was MEET yesterday. Sold out for 10% gain today. It is continuing to produce great oversold signals in these market conditions. Thanks Fly.
I like the RKUS call, esp given the big bump up in CapEx from VZ this morning. Seeing the dame move from UBNT lately…. although UBNT is better and has seen lots of new coverage including a “Buy” from Mother Merrill.
It’s impossible that Tesla’s earnings on Monday will be anything less than outstanding, no?
Nice call by your digital mind, btw.
Earnings got pushed to next Month. Gives it time to run.
You’re correct. August 7th now. Looks like we’re on cruise control for the remainder of the month.
TNA ripped up 30%+ since June 24 – that’s all – carry on.
2.53% on the 10 year, It’s not the 2.60% I wanted out of Ben B..But staying over hat key 2.50%. MBS yields moving up too. Reality is coming.
You peasants need to stop focusing on the little things in life, and open your eyes to see the bigger picture.
Come to honduras and join the party of skyrocketing emerging markets.
Currently, surrounded by 20 spanish concubines and shit. Starting my own coconut water factory, “Martinez’s CoCo Water.” If you’re interested in investing, the holding period of your investment is 2000 years.
I believe in long term wealth preservation.
and your stock pick is? too many comedians hanging out here..make some money clown
URMOM
Thoughts on AMD?