Bought 500 FAS at $10.35
Will put a $9.75 stop incase jobs tumble.....play at your own risk but financials are about to get another leg up!
Top picks: FITB, BAC, SIVB, STI, WFC, MS, GS, and USB.
Market Outlook
Critical jobs report coming up at 8:30a. I have not 1 short position to my name, unlike every clown on CNBC. Call me crazy but I think we got another leg up and it's not gonna be small. Going foward, I am looking at oil, financials,shippers/tankers, semiconductors, tech, and airlines. I am buying the dogs of the dogs in FITB and the king of crops in WFC. On the short side, I don't feel comfortable doing it. If I had to, I look at firms who are losing market share and are highly levered, tied to the consumer. Be back later
Subscribe to:
Post Comments (Atom)
Back in FAS with you - 250 shares at 11.05, the sp's 20 day and 200 day just crosssed on positive jobs data. We should get going from here.
ReplyDelete