CNBC Alert: RF is back

I am finally able to trade again and the corporate meetings are on hold.

I have done some analysis this morning, to get back in groove. As you know I have about 92% of my portfolio in cash, but look to put most of that to work in the next few weeks. As for the short side, I will continue to sell short select commercial real estate REITs. As for the long side, I like the following:

Healthcare: I like this sector for a trade and even for a longer time horizon. HUM, CI, and UNH (the names on the healthcare value list are also valuable). HUM's net cash per share is $ 25.68, according to my calculations, and is currently selling at $25. UNH also has a nice balance sheet, with great cash levels. Roughly $6.62 of the stock is cash, representing 31% of the stock price. CI's balance sheet is not as strong; however, if the others run, this should run. These stocks have a nice 20-25% run since their lows; however, they are not expensive. I would "scale" into these and buy on dips.

Trade the Consumer: If this rally continues, trades on the consumer can work because it will squeeze the shorts out. If you want to play the short squeeze, names like JCG, BKE, MW, JWN, ANF, HOTT, and PLCE will work for a trade.

If I jump on this trade, I will look at: HOTT, JOSB, WFMI, NFLX, or LL.

I also like China on dips, my play is the FXI but BIDU is showing some "call interest".

Lastly, I must warn you, I have been away from the desk for a few days and I am excited to get to trading. I may be a little impatient because of this; however, I will snap into it. I have some orders in and once filled, I will post them on here. Good luck out there.