It’s a Bull Market You Know #SassyMusings 6/17/14

  • O-M-G, today, this week, this month, AMAZING!!!
  • If you missed this latest move I’m sorry, but maybe you should take a minute and ask yourself why? Were you stubborn, just didn’t believe it, following someone else?
  • I am not trying to sound like some master. I definitely am not. Anyone can make money in this environment, but they have to actually be in the right place and that means not being stubborn. And there are many really generous and good traders that have caught this move posting free information all the time. If you are new and still learning and following someone that missed it, think about it.
  • Having said all that, when things get this euphoric I know that we are likely close to the end (not the top, the end of the current run). That means we could pull-back soon or even just base sideways. However, I don’t know when the euphoria will end so I’m not going to predict it. I ‘m going to keep riding this trend and peeling profits.
  • It’s during these times that option traders have the opportunity to really make a lot of money. And then when things are slower or more difficult, they have a cushion. No it isn’t just “as easy” as I’m making it sound. But it is definitely possible and many successful options traders do that.
  • Anyway, enough about that. TRLA, GMCR, TSLA, KNDI, FSLR, DDD – just amazing stocks that have paid so well. I missed SCTY, even though I had it on my set-up list for subscribers this weekend. Glad some of them took it. Short squeezes and momo’s have been a gift.
  • I started a position in OWW today after selling EXPE that I was swinging. I also started a position in GOOGL and CELG and have some time to let them work. YHOO still sucks, but holding it for now (bought it yesterday).
  • There are others, but I’m not going to go through all of them. Just throwing out some of ideas for those that don’t subscribe.
  • Tomorrow the Fed statement can obviously really move markets depending on what they say. Don’t try to predict it. You don’t know what’s going to happen and if you think you do then you are a champ, but have a plan if you are wrong.
  • If treasuries sell off, watch the financials. They have already begun to move and they can really play some big catch up.
  • Chart of the day: Guess what the bears are saying? Screen Shot 2014-06-17 at 3.59.55 PM
  • Tweet of the day: Ok there was finally one. I also did see a couple others that almost made it….so like I said, we are inching toward a pause most likely. I would tell you to start booking profits, but hopefully you have been prudent enough to already take some off the table. Screen Shot 2014-06-17 at 3.18.26 PM
  • Regret of the day: none.
  • I got a new testimonial this weekend and caring is sharing – so I am sharing. Plus it’s not about the recent money he has been making, it’s actually about him learning from me.

Have a great evening. Can’t believe it’s only Tuesday after the recent stock moves.

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