Call me crazy, but I’m near term cautious right now. If I had to guess I would say tomorrow will be a down day. If we get SPY 183 I will look for a possible entry to get long. And if instead we keep going higher tomorrow than it’s good I was just guessing. #neverwrong 😉
I sold all my FB today. I think it has more upside, but I doubt too much more near term. Maybe I’m wrong….wouldn’t be the first time. Oh wait….
I’ve said that as soon as people realize AMZN isn’t going down anymore they will rush back in…but I still don’t know if we need more downside or not… a lot of good I am right?
NFLX had an amazing day, but as I mentioned over the weekend I’m cautious and am willing to miss the upside. It’s said that both VZ and T will likely be making similar deals to Comcast. See here.
I bought CZR this morning and feel proud cause it even outdid LVS (I also tweeted the CZR chart first thing this morning being the generous soul that I am.).
GS upgraded BIDU today and yet it didn’t do anything good. I think it will soon. SINA dropped right after earnings, but pulled itself almost all the way back up. The conference is at 9:00 PM Eastern I think. I would be surprised if it fell much considering the announcement of a 2nd quarter IPO.
Was good to see some finacials acting a little better. Let’s see if there is any follow through.
Chart of the day: Let’s go with CZR.
Tweet of the day:
See here for open interest updates on SPY AAPL AMZN FB LNKD NFLX SCTY & TSLA
Great post. I have similar feelings regarding the S&P. These were my posts at the end of the day in a trading site I belong to (learnstocks) …
“Just a gut feeling, but I won’t be surprised to see selling pressure into market close and a bearish day tomorrow.” And “I’m still kinda (not really a technical term 🙂 bearish going into tomorrow.” And “SPX had a huge black candle to end the day. Below 1848 level”
U are getting funnier w each post! #lol
Great post. I have similar feelings regarding the S&P. These were my posts at the end of the day in a trading site I belong to (learnstocks) …
“Just a gut feeling, but I won’t be surprised to see selling pressure into market close and a bearish day tomorrow.”
And
“I’m still kinda (not really a technical term 🙂 bearish going into tomorrow.”
And
“SPX had a huge black candle to end the day. Below 1848 level”