With all the crazy geopolitical issues (Russia), the eventual bounce in commodities, and the current technical aspects of the broader market, this week should be very volatile, and hence good for trading. I’ll be looking for some very short term trades for this week, but currently own the following:
GG - Gold got it’s ass kicked last week, there should be some short term upside here.
SKF - Also got it’s ass kicked, but things are too ugly with the financials. People are beginning to talk about credit card defaults, which would be a “very negative catalyst.”
GOOG - The Android phone OS is a flop, and it hasn’t even launched yet. But Google is the internet, and I love the internet.
IAR - I use Google, you use Google, but plenty of people still use the phonebook. Also, more importantly, plenty of small businesses spend their small marketing budgets on phone book ads.
ABK - Everyone thought S&P would kill them, but guess what!? They didn’t. This is purely a speculative play, I’ll either bank tons of coin, or not.
I’ll also be looking for oil plays, either up or down, via UAUA - because LCC kicked my ass last week. By the way, as everyone’s been saying, if you have $2 billion in cash, why dilute your few trusty shareholders to raise a couple hundred mil?