Live Long and Prosper

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Damn it feels good to be a gangsta large land mammal. I did in fact make a little of money today, in le market. RGR, LL, GILD, and NFLX continue to slap shorts. Though I took hits in UA, LULU, SWHC, ELLI, and PMM. I was up rather well in PMM, and this is a name I have a lot of the lady’s money in. It has been taking a beating lately, but this is purely because it has a tax free monthly dividend, which makes it a much more liquid fixed income stock.

Thus, holders of the name are selling in order to take profits, and gamble with high beta names before tax day. I’m happy to say that my TSLA position is finally in the green, only by 0.08%, but nonetheless, it’s profitable. I see so many Model S’s everyday, I would hope so. CVI is one of my positions fighting for profits, but I have faith in Senior Tropicana’s refiners.

I ran one of my favorite bullish screens again. Members of The PPT can find the screen here.

With the following criteria:

  • Under 5% from 52 week high.
  • Average volume over 250,000.
  • Quarterly earnings growth over 10%.
  • Quarterly revenue growth over 20%.
  • Market cap over $1 billion.
  • Return on equity over 10%
  • Short interest over 10%.
  • Sorted by the percentage of months up during March.

TRIP MTGE LL LGF RGR CVI IMAX LEN MTZ DHI SPF

52 week seasonality plays2

 

We’re seeing some names repeat themselves, and I am already long LL, RGR, and CVI. CVI crushed earnings, by the way– mind you. Possible “Icahn Effect?” I like TRIP and LGF too, I may look to lock in some profits in the morning, then get long these two names.

Charts here, courtesy of FinViz.

I’m waiting to cover my Chinese Solar shorts– see here –and may use the proceeds to buy the aforementioned names.

It’s gamble time into tax day.

3 Responses to “Live Long and Prosper”

  1. it’s funny how every company i watch releases blowout earnings the quarter after an activist takes a stake or if a big short seller announces a position, could be an interesting trade-able pattern to look into.

  2. Very nice on NFLX

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