If you are watching the momentum stocks you may be wondering where all the money is going? Well, I see some select energy, semi’s, financials, and oh yes, old time tech. Which brings me to my….
Tweet of the day:
I’m going to venture to say that won’t last all year. We either start rotating back into some growth names or we roll over for a bit. Maybe both. Maybe I will be wrong and we will be looking for massive moves in HPQ.
Tomorrow is the all important jobs number that really has no importance except to use it as an excuse to sum up the the performance of the market.
I can relate to this tweet. Having said that I have been trading less exciting names because at the end of the day, $$$ knows no difference.
I’m fascinated by the banks right now as some are staying strong and others, not so much. I hope we get some clarification tomorrow on which way they want to go. I think they will help determine the direction of the market tomorrow.
TWTR is allowing people to send private Vine messages. That should be fun if you know what I mean ;-). I’m still glad I got out of the stock though.
Anyone notice retail is particularly strong right now? Perhaps people are anticipating a jump in sales now that the brutal weather is hopefully behind us.
Chart of the day: BOOM – I had no position, I just like using that word.
For those curious (for some reason I get the feeling people want me to fail with my premium site), we are doing great. Also, for those that are presumptuous, my premium site is not all open interest. In fact, it’s barely open interest at all. I give real time trades AND more importantly explain things and answer questions for those wanting to learn to trade well consistently. My goal is to educate not to have them rely on my trades. I also help stray people away from trades I don’t see as having good r/r (as in AAPL this week when asked about it on several occasions). And lastly, it’s led by me, someone who trades real money, makes both good and bad trades, and is not a Guru.
Thanks for tuning in…… will try to throw some open interest charts up there for you peeps in the am. And for those that aren’t hatin’ on me, thanks :-).
