Six today: EOX, EXPE, HRS, TPX, XLS, YELP.
I'm going on vacation today for Chinese New Year and will be back at the end of the month, so this will be the last post for awhile. I don't know if I'll continue doing Charts of Note since I'm not sure how much value it adds. Might be better to do an after-hours report? We'll see.
Eleven today: ATML, CDNS, DIS, FOX, GLUU, GMCR, GRUB, MCHP, PRU, TDC, UA.
Not sure how much value I'm adding by posting these... maybe I'll do an after-hours report instead.
Bloomberg.com is blocked in Mainland China so I relied on their daily "Most Popular" email to scan headlines every day. It appears that the newsletter is no longer being sent. The horrific re-design of the Bloomberg website is probably to blame. What a mess. When I had a Bloomberg terminal I found the most read function <READ> incredibly valuable because my fellow terminal subscribers filtered the news for me. The most read stories on the website aren't the same thing, but still useful.
Four today: ADM, CTSH, FAST, RL, SNH.
GLUU reported earnings after the bell but began to behave strangely just after 3 PM. It was possible to get long it at $3.71 with a $3.65 stop. Once again turned out to be better to carry it through earnings than try to be tricky and trade it and only make a dime.
Again, it would have been a very difficult play. Wasn't at my desk but I assume given the pre-market activity the scanner would have picked up on it ... it is Nasdaq listed though and a LOT of stuff moves at the open ... this was done by 9:38 AM, so...
Five today: CSIQ, FTR, HIG, SSYS, WEN.
Interestingly four out of five of the longs put on back on November 3, 2015 reversed together (all scratches, more or less) ... now again short the Dow, the S&P 500, Small Caps and Tech. We'll see if we get whipsawed out once again or if the timing of these shorts will stick.
No changes this week.
Unusual activity in VIP at the open ... sold stake in something ... in Algeria ... who knows ... you would have had to be super quick not to get burned here ... unless you just blindly held into day end.