I must admit, being a full service type of guy, I despise those filthy hatfuckers at ETFC.
Sure, they’ll let you do cheap trades, until those assholes file bankruptcy–leaving your bullshit brokerage accounts in escrow.
Look you, if you are stupid enough to have 7 figures in an E-Trade account, I strongly suggest taking it out, just in case.
However, it’s worth noting, the stock may bounce from here–especially on a short squeeze.
As a result of ETFC‘s asshattery, SCHW and AMTD are picking up the pieces, via stellar price action. After all, should ETFC die, those fuckers benefit.
As of now, the rally is being led by airlines, homies, retail and trannies.
If I was going to throw dice at a sector, for a trade, I’d look to retail, ahead of “credit card season.”
Within the group, I like JCG, SKX, COH and JWN.
Also, as “fat fucker day” arrives (Thanks Giving), food and beverage stocks may run.
There, I like WBD, WFMI, KR and HANS on a pullback.
If you are looking to play the restaurant sector, BWLD and MSSR look cheap.
Finally, the tech sector is not doing too well, with BIDU, RIMM and GOOGÂ in the red. My guess, investors are selling expensive names and going bargain shopping, which ironically is creating a bargain in tech.
Right here, I like FMCN, RIMM, VMW and LFT.
However, it’s worth mentioning, “The Fly” will not buy anything today. I bought lots of shit last week, in the midst of the “inferno of fun.” For now, I’ll be waiting for a short killing rally, while eating this here bowl of oatmeal.
NOTE: Ever since that LFT (Longtop Financial) shit came public, the market has been in the shit box. An ominous name, indeed.Comments »