Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

Expecting a few more bad earnings and guidance to stall this rally.

Earnings will be good from MSFT however future guidance related to deferred revenues on software contracts should be enough of an anchor to correct market when they want to take it down a notch.
You got your gap up or gap down days with no movement intraday. Put your money on the table and guess which way it is going to gap.

Currently net long as long as bonds keep selling off. S off almost $10 tells me reality will sink in sometime soon. It is not all straight line up.