I added MRVL today. $10.35. If you own MRVL you're definitely rooting for BB10 to be a hit. You don't need it to be a hit to make money, but if it is - it'd be really nice for MRVL as RIMM is a huge wireless customer of MRVL.
(for all those who remember me buying RIMM at appx $18 --- i ended up dumping it at $11.50 or so for a nice loss percentage wise OOPS.) Prem Watsa wow is incredibly bold or stubborn with his RIMM investment.
BBBY up 1.5%. Nice follow through today into resistance. Its probably going to need to consolidate a bit next week.
CELG is down .66%. To be expected as money has been rotating out of biotech this week and into retail, tech, and housing. IBB (biotech index) is down about a full 1%. Money will rotate back eventually.
Overall think I'm positioned pretty well.
A pull back in the market today and early next week would be healthy. Close to approaching overbought levels.
im initiating some 2 month calls on vix and 2 month puts on SPY, first time i've done this but i think it's a decent time to test it, gotta let some of the recent profits ride and it seems like the markets poised for some mass profit taking
CELG up 1.5% today on light volume. Looks like some people are looking for an early entry here. It think it still needs more time though to break out
BBBY down 0.33% on light volume. Hit reistance on friday at the 100dma and also a prior support price. I think this needs to slow down too before heading higher.
General market is refusing to quit. Every little pullback gets insta-bought. Not sure how healthy this is. I'd much prefer two red days before buying picks up. Also noteworthy Vix is up like 7% today.
Volume on AAPL today is really strong. $660 was the profit target I had for it, but it still looks so strong I'd probably only book some profits and trail the rest.
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