I can't believe i have so many posts this month...
My thought prior to VMW & SNDK reports were buy to buy puts
VMW feb60@.85 & SNDK feb22.5@.90, but i chickened out on VMW, while i just plain forgot about SNDK. LLY also had my attention, but i have never traded a drug stocks outside of PFE. It was solid...
we'll see how the bulls begging for a huge rate cut affects both stocks.
THE potential buy for me today will be AMZN, as they report prior to market open tomorrow. Should they be grouped with other retailers? Yes... But do consumers buy from Amazon after checking the bricked stores? Yes... So there's the conundrum. It will likely site terrible guidance... just look at what guidance did to AAPL, VMW, SNDK.
I think AMZN goes down tomorrow, while MRK goes up.
So far, pre-market green: VLO, CFC, DOW, YHOO/red: CAH, X
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I'd have to agree to that. AMZN is a good play. I posted on my blog that it is testing a very critical $71 support. That's just $2 away!
But now Cramer is throwing in the towel on Tech... NOOOO!! Not yet!! He's my contrarian.
Tell him shut it
What strikes you playing?
What strikes you playing?
I can't make up my mind. I played a stranggle instead.
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