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Getting to Know Stephen Guilfoyle: An ‘I Quit’ Email Landed Sarge a Job With Jim Cramer
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Sticking With This Intel Price Target as Trump, Apple Update Prove Us Right
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Things I Did Today
Here are today’s things:
* Re-shorted $SPY at $746.68 and $QQQ at $736.53.
* Re-shorted $GRNY at $27.49 and JOET at $45.57.
* Added to cannabis longs: $MSOS ($4.69), $MSOX (new position) and GTBIF ($7.49).
* Shorted more $MS at $228.47.
Position: Long GTBIF (S), MSOS (VL), MSOX (VS); Short SPY (S), QQQ (S), GRNY (VS), JOET (VS), MS.
Chart of the Day: Costco Is Resting Comfortably
The stock remains in a range after a couple of violent moves.
Tracking Heavy Volume on Expiration, S&P 500 Sectors, Breadth
– NYSE volume 154% above its one-month average;
– Nasdq volume 105% above its one-month average;
– VIX index: down 7.75% to 17.01
Positions: None.
Added to Index Shorts
I added to index shorts as the market makes a high for the day:
* $SPY $746.83
* $QQQ $738.73
Proximate reasons: extended memory stocks (moving to Ludacris Speed!) and the outside day to the downside in JPMorgan ($JPM).
Position: Short SPY (S), QQQ (S)
Programming Note
I have a research call at 11 am.
Back before noon.
Positions: None.