Monday, October 28, 2013

Current State of the Market

The Big Tech earnings pop is about over. Apple got no love, Facebook is next to report, then finally Tesla. We are currently 2X's long the volatility. The fear gauges are all at record lows. Not much more to play before the holidays. Portfolio Managers are just dying to lock in their gains and more importantly...their performance bonuses! We are betting on some selling; however, we are tracking Tesla and Groupon for potential trades. Check emails for research and trade strategy.