Sassy Musings Jan 30. AMZN’s Been Shot

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I am Jeff Bezos.

  • Looks like a drone shot down AMZN; however, how many times have we seen that dip bought off of the conference call or by next day dip hunters?  GOOG basically not doing anything for now. CMG, which ironically had the most bearish sentiment (via StockTwits), is flying high.
  • Was the 4% correction enough? I don’t know, but if it was then I missed it by 2 points (thumbs down).Screen Shot 2014-01-30 at 3.49.48 PM
  • Great day for social media, FB, TWTR, GRPN, P, LNKD, YELP, etc., but you really didn’t need me to tell you that so I just wasted your time having you read this….sorry.
  • My BAC trade looks stellar. Since adding to C yesterday it looks a little better now. Mentioned DECK on Monday, which had a nice day today. You guys still aren’t helping me with AOL, but as I said yesterday, in @WallStJesus I believe. I pointed out AWAY and CYBX today. I’m long both, but you still have time before they breakout. And yes, I did say that LULU “may” have bottomed. It also may not have so take it with a grain of salt and don’t come back crying please.
  • Tweet of the day: None. I have to laugh out loud for it to qualify.
  • Chart of the day brought to you by @ukarlewitz: you can view it here
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  • Lucky you, it’s a short one today. I will do my best to update some open interest graphs tonight or tomorrow morning, but I make no promises.