nice group of stock...I bought BABA early and made some profit..but every rally greeted with selling.
AMBA I like and sold at a good profit...may take another ride
AVGO a strong stock even in a down market.
DIS , a safe bet.
NXPI still holding some and may add.
The ECB QE may be priced in...also, the Swiss pulled the rug out of the ECB making whatever occurs almost a non event...Other than SWKS, MU and QRVO what else do you feel has upside?
I have reduced positions considerably...AAPL, SWKS, FB, are still core. Of the three SWKS the strongest. I have smaller positions in ASH, MAC, SMCI, TSEM, NXPI. I expect to buy back NUGT. JAGLX covers the health sector and up 34% last year....buying more.
Not much of a buyer here. Europe has become a boogey man in the closet...market too scared with everyone talking correction. Hopefully earnings improve so momentum will turn positive.
Any thoughts ?
Got a reply...AAPL took a huge price hit after MLK when they reported....then it turned up for the year...the 41% increase in my post was the year as BARRONS stated.
May be getting old but I remember recent articles stating AAPL Short Interest is down big..yet the new BARRONS shows Short Interest for the last two weeks of December was up huge...the third largest change.
Barrons also noted the same pattern existed last January. Then after MLK Day AAPL took off with a 41 % increase....hopefully the same will occur this year.
I posted the same on the AAPL board....it will be intersting to read replies. Perhaps it is just me but I seem to be reading many more short inspired articles recently.
The SWKS Short interest was down.
you are correct...sorry I read the information incorrectly.
I may wait to buy more...comfortable with present holdingds unless I trade prior to report...stock may make a run into earnings.
AAPL has the third largest change in short Interest for the last two weeks of the year......7,620,409 +.
Last year AAPL was down big early but went up 41% after MLK Day.
I am looking for a dramatic upside move starting next week with Short covering a big aid.
Unlike many stocks, SWKS has a pattern of going up on earnings...right? Will add on next dip. Down 0.3 % in an ugly week was impressive. Market closed Monday so will add big on Tuesday market allowing.
cheetah...still like QRVO...got more TP raises today...now $80.
they were not negative just kept Neutral rating and upped price to $70...no link just a line from one of my brokerages....appeared last night.
Only reason AAPL is down ...Option Expiration NOT new phone. Just my opinion but checkout how often AAPL goes down the week of monthly expirations. It should bounce late morning Tuesday when market opens and stocks settle.
If SWKS has a good report I paln to buy another 1,000 shares or more. I am SO impressed with the strength it showed this week.
SMCI looks stronger going into earnings.
Pattern exists AAPL trades up after being sold off due to Option Expiration...expect a $2 pop
When is the SEC investigate price manipulation by Option Traders?...Too many Institutions playing the game...and no one mentioning it on CNBC. APPL influenced now by weekly options too.
Someday the SEC will make it illegal to manipulate price action so the most favorable Option Strike Priceprice is hit in favor of Option Traders !
MU has found some bids but still weak...may be time to buy MU but waiting. Next week a bicg earnings week for techs...If positive may buy back SNDK which has been oversold and MU which is now a value stock. Watching AMBA which has tanked but coming back strong.
The strongest stock remains SWKS....amazing buying support compared to others.
Impressive yesterday in an ugly market...even more impressive today. NXPI, MU and others still uncertain. Bought back SMCI...but should be buying more SWKS...will wait until AAPL shakes off Expiration trading today. I can't believe how bad AAPL has been since Dec. 1 when it hit $119...today several companies raised TP to $138...Looks more like it is headed to 98. When AAPL starts moving up big time I will get out of cash. Now is not the time to buy ...for me.