The weekend edition paints an ugly picture of price action in the market....comments on their top 50 stocks indicate they are running out of buyers. SWKS a good example. BITA their top stock saw the price drop 10% for the week.
As this is a Monthly Option Expiration week we should see some wild action. As mentioned the Fed Meeting results and ALI BABA offer little help...A short hitch in a Bull Market.
You are kind...thank you.
Options cannot be traded in an IRA There a few exceptions like buying protection.
FB now is my second largest holding and I expect to add some on dips. I have a bad habit of not having enough faith in my selections and selling too quickly.
I like stocks such as MU where downside is limited and upside not...easy to hold...FB, SWKS , TWTR, BAC, AAPL, examples...Others I am not as confident of but like...CENX, SWIR, SIMO and a few others....until they join the core holdings.
Again thank you,,,the stock market is a humbling experience...
Impressive one mo chart...perhaps too late. I expect market to tank next week on Fed comments Wednesday...heavy in cash....Ali Baba IPO not helping. May ad to my second largest position...FB if dips occur.
I continue having patience with MU. The fundamentals are just too good.Not adding yet. I will when I see some upward action...I did the same on AAPL and it worked.
SWKS is also lanquishing. In the meantime I continue to buy FB and TWTR. Will watch my SWIR next week for a breakout more than $30. LCI and CENX should see some action.
cheetah you probably remember INTCW was the way to leverage INTC. I posted before the way I like to play BAC is by BAC/WS/A...Last week they gained more than 5%. With interest rates moving up banks should also.
An Interesting chart is the one showing a major increase in Equity Fund inflows...This should help stocks once the Ali Bba and FED actions are over next Thursday.
UGLY ! Traders setting up for next week's FED Meeting and changes in forward thinking....I took profit on CENX, SWIR, SWKS, SSYS, WB...Thank goodness for AAPL....so fare
SWIR first stock I will buy back.
Solars like FSLR, CSIQ popping big.
My WB saw major profit taking...still a spec...
SWIR , took profit.
BAC/WS/A doing great with BAC.
SWKS resting a long time.
Simply holding...too much concern over Fed meeting next week...raising cash into close.
No reason for market weakness today. Retail sales on target...Consumer Confidence report soon should move market.
My WB doing great on Ali Baba rumors...highly spec but making money.
yes...earnings should not hurt...
Just bought more WB and SSYS.
Impressed with VDSI as a security stock...looks better than PANW and FEYE...impressions?
My SWIR strong may take profit.
AAPL looks good...Green.
VDSI ! BOUGHT...