- $AAPL – So now the price point is at a place where we can trade options on it.
- $SPY - Stock indices at or near all time highs. Pretty amazing. Sell in May not working (again).
- I am about 75% long, including some stocks but I have trimmed a lot of the high beta stocks for the $SPY recently.
- I don’t think it’s time to be very aggressive. But hard to stay out when the bull market is trending. The market has busted out of the trading range and is providing a nice ride up for long positions. The signs of a market top are out there, but like we saw in other recent bubbles the last move up can keep going on and on longer than anyone expects
- Been watching the new Making Money with Charles Payne show on Fox Business. I like Charles. I think his stock picks are a little shaky. More on that this weekend.
- Speaking of, I have been keeping up with the IBD 50 and Fox Business Block stocks. More this weekend. But have been taking a break from blogging and audiobooing.
- We know bull markets don’t last forever. We also know the economic numbers seem a little weak. I guess the Fed QE is what is keeping it going.
- Low interest rates have been like a tax cut for folks, as payments on mortgages have dropped. Less money spent on the house payment means more money for vacations and other stuff.
- $NFLX - Watching The Walking Dead on Netflix, but just finished Season 3. When will Season 4 be available?
Tuesday, June 10, 2014
Market Thoughts and Randomosity
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