Tuesday, July 8, 2014

BAC upside tick

My comments on the article:
http://seekingalpha.com/article/2304735-bank-of-america-focus-on-the-long-term 

Nice article.. BAC looks good technically here at 15.5. Though I am not a buyer of this stock since there are better valued bank stocks that I prefer like JPM and WFC.

I have traded BAC before but not getting in this time.

FB's video sharing vs Google's You Tube

My comments on this article:
http://seekingalpha.com/article/2304465-facebook-is-about-to-step-on-googles-toes

Video content of FB cannot be compared with Google just because of the revenue sharing model. I am not a buyer of FB at this level for sure. I am neutral and want to see how it shapes up. Technically above 66 is a good buy with 70 being the target. If you add stops of 64, the risk reward is not great to take this trade.
My action is do nothing.

Facebook fell well to 55 level recently and if you have already missed the boat, above 65 area is another opportunity. But need to tread cautiously since it is already up 20% since it's fall to 55 area...

Buy (if you will) but with caution is my view, feel like a dip coming to the markets now..

AAL short daytrade

Played AAL short. My initial entry was close to 38.7 almost at 9:31am. I waited for it to settle down and added heavily at 38.7 to my short position. The stock tanked in 2 min and I exited the position completely making over $400 in profits today. This is part of my strategy. This was called on twitter as the trade was forming and had mentioned to short it below 38.6 at 9:32am



Want to do day trading for a living? Want to lean how the stock market works? Learn to invest in stocks and start investing to save for retirement.
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Gappers Jul 8 20 14

  1. GAP DOWN - $PANW$ISIS$AAL$UAL$DTV$TFM$MPEL$GLOG$DALhttp://stks.co/d0jOZ #gapdown #stockmarket #gaptrading #daytrading


Want to do day trading for a living? Want to lean how the stock market works? Learn to invest in stocks and start investing to save for retirement.
I teach my day trading strategies and call out on real time basis on twitter and stocktwits? Learn the way I trade and make consistent returns. Check out my strategy all in one place - http://agaptrader.com/Trading_DVDs.html

Monday, July 7, 2014

GILD to $100

My comments on this article:
http://seekingalpha.com/article/2301865-gilead-sciences-has-a-realistic-path-to-100 

Many articles being written on GILD. I just put another post on this - Nice article, I like this stock too but not sure I am a buyer at this high. I wold have liked to get into it at a lower cost. This is the time to be cautious since it is at the top. Does not mean it cannot go higher, it is just caution at this level for me. This is a good stock

If you are planning to enter GILD then it may be a bit late.. People are already enjoying the ride from $65. The stock may still go up but I cannot buy when the stock market is at its all time high and most of the stock is at all time high. If one plays it, one should put a tight stop below 80 and play it as a swing trade

FB should you be long here?

My comments on this article:
http://seekingalpha.com/article/2301875-numbers-aside-why-you-should-be-long-facebook

Nice article and agree with the headline of going long on FB right now, maybe longer term. I am not a buyer at this level for sure. I am neutral and want to see how it shapes up. Technically above 66 is a good buy with 70 being the target. If you add stops of 64, the risk reward is not great to take this trade.
My action is do nothing.

Facebook fell well to 55 level recently and if you have already missed the boat, above 65 area is another opportunity. But need to tread cautiously since it is already up 20% since it's fall to 55 area...

Buy (if you will) but with caution is my view

C a less urbane outlook

My comments on this article:
http://seekingalpha.com/article/2301905-a-less-urbane-outlook-for-citigroup-investors-in-q3-2014 

Agree with the author, short term dont' like this stock, there are better ones out there if you still need to invest in financial sector.

Though C will do good over the years, there are some others that I prefer than C. I like stocks like JP Morgan (JPM) or Wells Fargo (WFC). Those stocks has outperformed and still is better positioned than this one. Again just my personal view. I do agree with the article, that over time this may be do well but a bit risky right now.