Hot picks from StockTwits.com Apple continues to enjoy a short term uptrend, but I think there are better places to feed. General Motors still looks terrible, but it too is enjoying a short term uptrend. Google might break the downtrend, but it’s at major resistance. POT is dangerous, and should be avoided (unless you like…
Apple gets plenty of talk on StockTwits.com Short this dog. Looks like a good short to cover at 55 with a nice close stop ~90. This is the trickiest of the bunch. I suspect it will move higher due to the credit crisis, but I do have a firm belief in China’s fundamental growth story….
My Internet was down all day, no trading, no shorting, nothing. I swear there is a conspiracy afoot to prevent me from trading on these awesome days. I missed the Geithner rally a few weeks back under the same circumstances. Anyhow, the markets look ready to churn lower now that volume has come back in….
Thoughts from the collective at StockTwits.com I suspect Google stinks, but I’m not short yet. It will rally, but there are better opportunities. General Motors is also terrible, long or short. Better stocks abound. C continues to rally, and thought it has hit my 7.60 target, there is no reason to run. 12 anyone? I…
RIMM will take months to repair, and I have no love for their products. Google barely budged today, and as much as I love the company, the stock is shit. People who won the C game bailed early, but it might push to 7.60 before collapsing in half. Another terrible tech stock. Macs are lame,…
General Motors is about as relevant as horse drawn carriages. AdSense sucks, and so does Google’s future revenue. I’ll keep the Gold, you take the Man Sachs. Citi is not only asleep, it is comatose, and probably dead.Leveraged destruction of the finance sector remains the best trade of the year.Equities suck, and though we may…
Today was perfect. Everything I’m dabbling in was on the up and up, except for the Swiss Franc FXF. SLV and IAU continue to make new highs, and I started a position in DGP. Even the double inverse funds made new short-term highs. DBA rebounded above 42, even though UDN failed to close higher after…
The market shat on the bulls Friday, which made tons of cheddar in SRS, SKF, TWM, DXD. UDN, FXF and FXY are trading at all time highs, and continue to show strength as the markets weaken. Commodities were mixed as DBA moved lower w/ USO, and the precious metals IAU and SLV remain unchanged. GDX,…
It has been a rather ridiculous two weeks. This blog hasn’t seen too many posts, mostly due to my horrific embarassment and reluctance to get back in the game. SRS, SKF etc took HUGE plunges following my recommendations… and while I had the good sense to steer clear of the mess (after losing 2% of…
It has been a helluva week… Finally found a good pot dealer in the neighborhood, some super duper smoke, so I’ve been doing a lot of photo editing and not too much trading. I have a comment from a wise trader who caught the huge reversal in financials trading UYG, a solid counter trend move…