Want to see KGC fall to $2 ... the chicken entrails are divining it and who wants the yellow metal in a deflationary world?
Louie -- S04 E01 to E14
Discovered on the airplane that season four of Louie had been released. I count on Twitter to notify me of when good TV is on, but somehow it failed me last summer when S04 apparently came out. I loved the first and second season of Louie, feared for it a bit with season three, but season four wasn't bad.
If you're not familiar with the show, it's a half hour of semi-disjointed comedy sketches, some of them wonderfully bizarre. I don't think the show plays well in the Heartland, but appeals to coastal elites, esp. fat middle-aged bald white men with goatees and small children.
Click on the image to scroll through my selected screencaps.
Apple Back to $120
Sorry for the paucity of posts, been jetlagged after our return from the holidays.
Seeing this bullish pattern across a lot of things including Intel, Texas Instruments, Taiwan Semi., and Micron -- look at all those charts if you have time. Anyway, Apple has its fans so I thought I'd feature it. I'm seeing lots of iPhone 6s and especially 6+s in the hands of my Chinese colleagues and elevator co-riders. I continue to use my $27 robin's egg blue Nokia 1050 happily.
Incidentally, I'm still bearish on Twitter and expect it to get under $35 even with these bullish tech stock patterns.
Update on Twitter Short
I pointed out the set-up in Twitter before Christmas, and there was a good spot to get short late in the day on Friday (that's a 5-min. chart below). Hope some of you caught it. If it gets to $35 I'll crow about it; if it reverses and races to $40 I'll never mention it again.
ETF Trading Portfolio Update -- December 29, 2014
No changes this week. Lousy year to be a trend follower (for the most part) ... go back and look at all the closed trades for the last 52 weeks and be thankful that you have a day job. I see the posts don't go back 52 weeks here but the earlier entries are still on the Tumblr (yet to be exported).
Gap Back To $35
Gap's ticker symbol is GPS even though I think GAP is available. Anyway, if it breaks down from the bearish wedge, it could go back to $35.
Never Short Toca Boca
Baby's page on the iPad:
Dragonvale -- Victory Dragon
Snow + Sonic ... was missing four dragons before the "bring 'em back" campaign ... now only three.
Yahoo Back to $45
Maybe Yahoo will go back to $45 here ... bit of a countertrend set-up but keep an eye on it.
Twitter Back Below $35
The trend in Twitter is down ... bad since the earnings miss / gap down in October. This set-up should take it below $35, but if your stop were above the swing high of $39.25, the risk / reward makes no sense. For day traders working off very short time frames (3-min., 5-min.) they can make it work. Keep an eye on it.