Market Back on Crack #SassyMusings 4/24/14

  • So we get a few flat days and then have big up/down days. They are getting less exciting.
  • Where are we going from here? If you say you know then more power to you, but I don’t believe you.
  • AMZN pretty much flat after earnings so far. Let’s see what the king of magic Bezo’s can impress us with.
  • V and LVS also basically flat.
  • I really don’t even know why I am writing this today. Maybe just to waste time, yours and mine. Sorry about that.
  • Oh, I know. How about you check out my piece on TheStreet titled Know Your Max Pain Level When it Comes to Options Expiration. Full disclosure they changed my original title.
  • How about I tell you about my regret of the day. Hmm, maybe I will add that to all my musings. Kind of like a confessional. So I had NFLX 340 puts for $0.78 that I sold for pennies profit when I felt it wasn’t working yesterday. Yeah well, pull up a NFLX chart. :-(.
  • The market isn’t healthy. I think you already know that. Yet, I’m still not feeling that I should press shorts here. So for now I will keep things tight and find opportunities where I can.
  • Oh and how about AAPL?!? Finally a decent move up right? Who cares why.
  • Chart of the day: Still outside the box Screen Shot 2014-04-24 at 4.26.44 PM
  • Tweet of the day: Either people on TWTR lost their humor or I lost mine. It very well could be the latter as I feel sleep deprived.

Have a good evening! Feel free to check out a subscription.

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