Quite boring actually, but that is to be expected on a lazy Friday in August. I hope everyone enjoys the weekend. Personally I am suffering the 97 degrees and the 100% humidity that Satan himself has imposed on my neck of the woods.
I am still mostly long with a few shorts as you know, and I have raised almost all of our stop prices due to stellar price movement in most of our stocks, so if the market pulls back, we will still stop out at gains and that’s always an enviable position to be in.
I took partial profits in ECA and DVN today and I added LN as a new long idea. I know I mentioned GIMO in last nights post, maybe we will get to that one next week. It appears OK to buy right here though if you are looking for a fresh idea.
EBIO reported great earnings and has popped 17% today.
Don’t forget to tune in to the weekend video.
Have great weekend.
Joe