Taking Out the Premium #SassyMusings 8/14/14

  • That is what the market was up to today. Good job to anyone that sold premium this morning.
  • Yields going back down and supposedly banks are a tiny bit (as in barely) more loose with their lending so go get that mortgage.
  • GRUB was a huge win yesterday in case you missed me bragging about it. Sorry, it is what it is.
  • Awesome to see biotech’s taking charge.
  • I would start looking at those semi’s that got sold pretty hard. Still longer term uptrends. I think those dips will be bought.
  • Bowling Pins tomorrow for OPEX.
  • That’s all. Nothing exciting going on here.
  • I posted Reasons For & Against The Market Continuing Higher two days ago. I guess we got our answer. Now we figure out if it was a bounce or the bottom. 
  • Oh, I will be on the @Benzinga #PreMarket Prep show tomorrow at 8:35am so check it out! http://bit.ly/1fejpV2
  • Chart of the day: Expanding BB bands. Not bad looking. Screen Shot 2014-08-14 at 3.56.05 PM
  • Tweet of the dayScreen Shot 2014-08-14 at 2.55.22 PM
  • Regret of the day: zilch

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