BBBY is getting demolished after hours -- CMG's future
Tech - sounds like a sound strategy and Huck concurs with GLD - nibbled at LT Dec calls this am. Gold's decline is about as illogical as market's overall rise this year. We are in inning 3 or 4 of The Great Currency Wars. It's almost reached the "new paradigm" phase with Wall Street as the elixer to profits which when inflation catches up to this....look out. Huck posits majofr indices will trade sideways for the next 2-3 years until then. Stocks are so rightfully hated by the retailers that the dumb money has become the hedgies, MM's, and institutions.
PCLN trade has been timed incredibly well, and thankfully Huck's short in CMG was modest as results haven't fared as well. Closed out ST puts midday and need to regroup this trade. A sideways trade into earnings looks plausible, if so making a sizeable pre-earning trade for Huck likely. You have stuck with your strategy well and will have plenty of dry powder for this eventual fall
GL - and continue with your thoughtful posts.
I enjoy the perma-bulls who claim to be ardent holders from years ago and if they're still holding today at 419 as they claim.......so too will they be at 200. That's why they're called Baggies.