Markets falling falling - and Biotech crashing:
UPDATE: This link just added:
Free Charts for Stocks at Trucharts.com and more:
Please read this excellent article on market valuation:
http://www.marketwatch.com/story/stocks-are-overpriced-overleveraged-headed-for-trouble-2015-03-25?siteid=yhoof2&cb=logged0.5530515506397933
Please read this excellent article on market valuation:
http://www.marketwatch.com/story/stocks-are-overpriced-overleveraged-headed-for-trouble-2015-03-25?siteid=yhoof2&cb=logged0.5530515506397933
So the biotechs are coming down. TWTR was downgraded today - we had sold covered calls. In our weekend blog we talked about weakening technicals in spite of new highs and the extended stocks like AVGO,NXPI and SWKS - tech stocks look weak heading into earnings season - short MSFT.
Also check out BIDU (down today) - covered call written. Our call on shorting SCO looking good. TJX holding, LLY down but still a hold. Z (down) - hedged with covered call. USO up today.
Short APOL.
Chart here: www.trucharts.com/stockview.aspx?TICK=APOL
(Stock is going to 0).
Shorting AMKR end of day:
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