The market’s down thanks to a horrible jobs number, but so far it looks like dip buyers are out and about. I have yet to do anything, but find myself in a good position with more than 70% of assets in cash.
I’m a little worried about this AAPL position, and may have to jump ship if the lows are taken out. For now, I’m holding, along with my other two positions.
Social media names are flying with $FB leading the charge– I guess I should have held onto that one. Yelp is another name that interests me here.
I’m also looking the the bird flu plays, and feel that they should get another pop on Monday as news starts to escalate over the weekend in China. I’m specifically targeting $BCRX here around 1.50.
Still anyone’s game, less is more here.
If you enjoy the content at iBankCoin, please follow us on Twitter