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Cramer Mentioned Restaurant Stocks Last Night

So I see on maddmoney.net, that Cramer mentioned Restaurant stocks last night specifically DRI (Darden Restaurants). How about a hat tip once in awhile Jimmy (or just once will do)? Cramer is like the Oprah of stock trading.
My favorite has been RT, Ruby Tuesday through this whole climb. In fact, I’m considering buying some today, [...]



I’m long the indexes and they are doing well today. Dow has hit +200 on the day. Double funds and leveraged ETF’s are doing well.
FRPT bought yesterday is having a minor breakout today. I’m expecting considerably more upside.
QCOR still performing.
MRVL bouncing.
Bought:
BBY - Charts look good.
I’m looking at CAKE, CPKI, RT, CPST again, CWTR, VIFL, UYG [...]

Sold HOGS and SNTS Bought Something Else

I’m looking for pops and I decided to free up cash by moving to something that may move. I bought LTS. Now HOGS is moving, that might have been a mistake. Who knows? Both SNTS and HOGS had no reason for the sell other than me looking to get some instant gratification which is why [...]

Taking Advantage Of The Move Today

I sold my RT and CAKE today into the strength.
Captured gains of 10.1% in RT and 8.1% in CAKE in 3 days. I’m probably early, I always am.
However, I’m not abandoning the sector. I want to buy into it on weakness. A similar pattern can be followed with biotech and the meat sector with stocks [...]

Some Morning Trades

I dumped LLNW @ 4.35 for 4% which I rebought on Friday near the close with the intention to sell into this morning. Because of the gap up I took the gain.
RT is up 11% from the buy a few days ago.
CAKE is up 8%+ right now.
Picks I didn’t buy, but vehemently said to buy, [...]

Restaurants, Meat, Dairy Up Up and Away

Restaurant stocks, Meat stocks, and some other Food stocks are breaking out on the US dollar rallying as well as corn and wheat prices getting slaughtered.

Here are a list of restaurant stocks and my useless opinions on their wares. The first group of restaurant stocks listed are my favorite names.
Restaurant Stocks
CAKE - Cheesecake Factory is [...]

This chart was posted yesterday after the big DAILY down move in the market.

This is how the same chart looks today.

Good call?
What sucked:
EJ not working I had to dump it for a 3.9%ish loss. ABAT which I thankfully got rid of yesterday for a loss as well around 5% or so.
What worked:
Amazing market [...]

I went heavy long the leveraged index funds yesterday and I’m out this morning with 4.6% in the RUT and 2.6% in the NDX. I also sold my QLD and UWM for around 1.5% and 2% respectively (because I was heavy long in those yesterday with the hit of yesterday they are not up as [...]

These three things have one thing in common. They have no bearing on short term market direction.
Its all about the US dollar. You are starting to hear about it on blogs and TV. The market is moving higher because of it. You heard it from here on August 4th. So I’m glad one of the [...]

Avoided The Meltdown

Yesterday I covered my butt and went to cash after the huge run up. I was very close to then shorting the indexes, but enough “noise” entered my trading window to mess it up and so it goes. The good part is that I avoided the meltdown today. However, the two day swing performance for [...]

  
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