Although AMZN reported bad numbers with the stock down 11 points near the lows, it has since rebounded to within 2 1/2 points after the PPT and prevented the markets from having the worst January since 1990.
The true winners since the Jan 23 low are three stocks: casy plays RIO and SID, and one finance play IBKR (it's a broker i've heard good things about for use as a backup for near direct access ECN's). Now many want to say IBKR sounds like a bucket shop, and essentially, it is, a 2008 version. But I have heard no bad things about their service or their trade executions.
In today's earnings trading, the only winner was ISRG, up almost 50 today. GOOG is the loser down 50 after people finally said "Why are they paying $550 for this?"
It's a time to recharge as I suspect my first opportunity for shorts might be in less than two weeks on an earnings play. We'll see.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment