Stock Market, Trades and Ideas

Current Sentiment

We’re screwed in the long run, but as depressing as that is, let’s have a party (rally) for a couple of weeks. Need a change of pace and a rally will give us better short entry points.

That’s my sentiment. Also seeing it around the internets – that is, nobody’s buying that the problems are fixed, but lots of people are willing to go along with it for now.

  • For now out of [[AAPL]] @ $132.30, but I may re-buy it lower. My short-term target for it is $135-136.
  • I sold and re-bought [[JPM]], target $46-48. That’s right, very close to the 52-week highs.
  • Also looking to buy [[AUY]] @ $9.48 (after the gap is filled).