Had some intra-day drama in the markets today. Perhaps just working off some overbought froth. It was a bit concerning that we had a few large negative ticks. Let’s see….
So far most of my positions look good this week except for V. Loser stock right now, but I’m not ready to give up on it just yet. GRMN on the other hand was a winner holding through earnings as well as AWAY so far.
Sold some stuff today to raise cash….not necessarily cause I’m bearish, but because I’m going to be on the lookout for new stocks to put my $$ to work with.
My thoughts on the high flyers that I do open interest (AAPL, BIDU, FB, GOOG, TWTR, etc.)for are for the most part the same as they were over the weekend….so if you have a desire to know them see here.
Chart of the day: It’s more like an image than a chart. Courtesy of a tweet by @carlquintanilla
Tweet of the day:
I wonder if those 184 SPY call guys sold today. They bought it almost perfectly at the lows….will update it by morning.
