Posts Tagged ‘AA’
Market Has Two Sticks Of Dynamite Up Its Ass Right Now
The question is which way will it explode? Still in reduced long positions, but bought a few stocks for a very short term pop in the market that I think is coming. If it doesn’t happen, then I’m selling and will sit. Bought DPTR, VLO March calls, PBR calls, SLW, YONG for short term, rebought …
Flipped It Back To Long
I flipped my index shorts back over to the long side and covered up my QID midday. Hopefully I didn’t just get whipsawed. Alcoa seemed to have good earnings while announcing a monster sized buyback. Should be good for the large cap indexes tomorrow morning. Good thing thats what I went into. Long S&P 2x …
Alcoa Looks Ripe Too
AA – Alcoa looks like its also going to move higher regardless of earnings. If fact I could see a nice pop today based on the charts and relative strength. I would definitely be a buyer in AA for a trade.
