Welcome Wall Streets Newest Analyst #SassyMusings 7/15/14

Vice Chair of the Board of Governors of the Federal Reserve System Janet Yellen

  • Warm welcome to Wall Streets newest Street analyst, Janet Yellen.
  • Banks have delivered this quarter and I’m pretty sure a lot of people are unhappy to see their theories get trashed.
  • Given that much of what was sold off recovered by the end of the day, is anyone taking Yellen seriously or are they just taking their time before selling?
  • Lucky for me I told my subs this morning that typically sometime during options expiration week we have a flush . I don’t know if that was it, but because that was my thinking I had sold the rest of my V and AAPL options before the drop.
  • I am still holding BIDU and bought some AMZN on the dip. I made some mistakes too that I will mention in my regret of the day.
  • Chart of the day: So far the 10-day containing the dips. Screen Shot 2014-07-15 at 4.02.31 PM
  • Tweet of the day: There actually were some I laughed at, but forgot to capture them and by now forgot which they were. Sad because it’s been a while since there was one that I posted. I will do better next time.
  • Regret of the day: I overtraded TSLA today. I hate when I overtrade and I have been so good about not doing that with all this chop. Anyway, I banned myself from buying anything after that, but was just for the day so now I’m back in the clear.

Have a good evening. Enjoy the Monsoon if you live in NYC.

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