Bi-Weekly Sentiment Survey: Mixed But Leaning Bearish
The latest in our ongoing survey of TheStreet Pro’s contributors leans bearish.
Digging Into Comments from IBM and JPMorgan Chase
What we find is supportive of AI adoption and usage, and several Portfolio holdings.
Things I Did Today
Here are today’s things:
* Shorted the indices: $SPY at $752.83 and $QQQ at $722.13
* Covered my index shorts for a profit: SPY at $749.63 and QQQ at $717.82
* Shorted $GRNY at $27.86 and $JOET at $45.83
* Shorted $JPM at $338.50 and covered it at $327.31
* Reshorted $JPM at $343.78
* Shorted $MS at $230.43
* Added to $MSOS at $4.65, $MSOX at $2.73, $TRLV at $8.85 and $VRND at $6.08
Position: Long MSOS (VL), MSOX (S), TRLV (S), VRND (S); Short GRNY (M), JOET (S), JPM (S), MS (S)
We’re Raising Our Price Target on This Cybersecurity ETF
Plus a quick word on ETFs, their strategies and purity levels.
Chart of the Day: ‘All-Star’ Gets Caught Up in Sector Selling Storm
A recent pullback takes the stock below some key support.
The Software Bear Case Begins to Crystallize
* With IBM…
Position: None
Recommended Cannabis Viewing
Run, don’t walk to watch Shadd Dales on Trade to Black:
Position: None
Another Marijuana Moment
Position: None
Broken Charts, Bullish Analysts: How I’m Trading Data Center Stocks
The big data center names have strong revenue growth and demand that will last years, but is it time to buy?