Good repetitive strategy for these few days pre-market gap up, bull after opening, bear take over later on

Look at all the old gaming stocks... LVS, MPEL, MGM, WYNN, .... all kena whacked!

Any ticker with a name like KING, will be "undressed" immediately.

This post has been edited by danmooncake: Mar 27 2014, 04:26 AM

There's a sector rotation going on.. not as simple-lah.

LOL everyone wish it's that simple

In Jan, the market rolls down.
In Feb, the market rips up..
In Mar (two more days go to), it's flat with volume decreasing and bands are tightening,
high flyers like solars, gaming, momo internet stocks and biotechs taken down.
old school techs like msft and csco all ripping up.
Money being shifted around.

That's Q1 2014.

Watch your money in Q2 (April-June). If you got your gains.. keep it close!
There will be plenty of opportunity.

This post has been edited by danmooncake: Mar 27 2014, 05:48 AM

"Money being shifted around.That's Q1 2014.Watch your money in Q2 (April-June). If you got your gains.. keep it close!There will be plenty of opportunity"

words of wisdom. i keep this in mind. tq

FB... GOOG... all back to Jan lows.

TWTR <- ugly
LNKD <- whacked it again if it bounces back up 198-200 level.

IMHO, if Japan legalize the casino licenses in Apr-June , these counters will uptrend again..
Aim to add more banks portfolio like LYG and NBG or Home contruction BZH if there is a correction period.
Already got big allocation in gaming stocks in NYSE/HK..

this FB every time buy something share price down.

Great explanation! Thanks

Investors being careful with their decision?

FB usd60 seem to be a nice entry...

When a company spends money to acquire assets or another company, that buyer company stock price usually goes down. They sell first, ask questions later.

So this is the common reaction despite how good the acquisition is?
Btw ur TSLA dip below 210 right off the opening

Still holding here.. sold some covered calls for this Friday.

wow u're getting quite a lot of income from premium
back up to 210 now

Breaking even only if you count the declining stock price for the past 3 weeks.
Works well if price is flat or slightly up.

You know what's strange?

The one that is actually working when everything is bad for month of March is actually FXI.
I left this alone, this one seems to work on its own.

Added more XPP (2x of FXI) when around 42.. now we're back to 48 again.

Sold the April 50 calls to get some extra premium for next month.

china banks rebound....

bear attack....love it.
i now holding 18% cash....a little too much, feel like to shoot something.
come lah 1780, best 1750.

This post has been edited by yok70: Mar 28 2014, 12:46 AM

S&P repeating this week trend. Bull start off den bear take over but today bear not that strong compare to earlier days of the week.