Defense Stocks
Major Rally Leads To Veddy Nice Profits
While placing my vote early for the next president this morning, the market was in shitsville. Futures started up large, but by the time 10:30 rolled around, which happened to be about half way through the mother f’n 3 hour line I waited in, the market had given back a huge 300 pt move to …
I Rolled On Out Of It All This Morning
No more index longs, no long etf’s, no AMZN. Its all in cash. Sold out this morning. At the morning Rydex window the Rut was up more than 1.2% and NDX was flat. So basically earned some cash back off this bad long trade I’ve been sitting in. Stocks I still own though and all …
FRPT, RT, Homebuilders, Major Indexes – Nuff Said
Restaurants, Homebuilders, and FRPT exploding upwards today with the general indexes. I bought RT back this morning, FRPT I have already built a decent position in ahead of this breakout, and the homebuilders I profiled last week for you. Picked up some SSO to added to my already overloaded longs as well.
Bought More FRPT
Bought more FRPT on the gap lower this morning, also picked up some ROYL and BEXP. Markets off the lows, I expect a close today that is higher than what we saw today at the lows of the morning.
What Rocked Today?
The market. 4% in the RUT and 1.5% in the NDX. It looks like Dell doesn’t look too hot AH and that might have an effect on the morning open. FRPT – Rocked today, until after hours they mentioned they are restating a quarter from 2007. BS there, but this is what happens in these …
