I think GPRO sees a counter trend bounce, while I'm not very big on playing the bounce side of things, this would set up a nice short in GPRO.
Additionally other assets I'd be looking at include AAPLm and NFLX, both of which have been moving down since our recent trade ideas in them, a counter trend bounce in either of those and I'd be all over it.
I'll bring you GPRO today, I do think it gets that bounce. While I wouldn't say the market looks especially strong here or ready for a bounce, I doubt GPRO could get too far without at least a moderate market. I'll look in to that angle further and as I said I'll be posting GPRO.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment