Fast Money Halftime Report

Those dudes just came on and all were extremely bullish. I love it. That DEFINITELY means time to go short. All we need is for Jim Cramer to bless this market and we’re set to get the party started. Most were on the GS and MS bandwagon. Nice one. Jump on it after it’s had [...]

Panic From Wall Street Bulls After 1Q GDP Data

Worse than expected GDP has sent Wall Street into a frenzy.   The street was expecting a consensus drop of 4.6% in GDP where in actuality the U.S. economy basically hit a wall, losing 6.1% of the country’s overall productions, we’re talking about missing the Street expections  by 33%.  Leading up to the GDP data, the [...]

all FAZzed up…

I’m feeling more and more confident about FAZ. The recent rally in the last hr hasn’t really been followed by the financials. I’ve added 2000 more shares at $8.85. Hedged with some QLD and OIH longs.

Update on FAZ

I looked at the chart a little more on FAZ and looked through some more analysis. I’m liking it more and more. The 2000 shares I bought was just dipping my toes in the water a little bit and to lower my cost basis. I’m picking up 3000 more shares, increasing my total FAZ position [...]

Reiterating Rainmaker…FAZ looking to explode.

Hello All.  It’s great to join this forum that Rainmaker has created. Note, most of the positions I mention are positions that I have taken or are about to take. I understand some of the moves I make are difficult for the average trade since my account is in the 7 -figure range, but I [...]