#1 on IBD's where money flowing IN! JNPR +5.11%, NVDA 3.36%, ADI bustin' out all over(among others) bullish marabozu for NVDA opne a d low and now trading at the high. NVDA our "feature play yesterday" and JNPR our feature play today #1 on IBD's where the MONEY IS FLOWING is JNPR!! #1 on our newsletter FOR ONLY UPSIDE.
Hoping for downside in LF and NPSP (cautiously set up bias for downside after the 'anticipatory upswing')comparing the prior reports and also scraping off the "anticipatory upswing" as we always do expecting all the upside to be in the anticipation lately. NPSP and LF had big put volume today as well. Don't expect the semis and techs to be as 'walking through the daisies' as they were prior to January, We've had some big pullbacks since earnings season began and our gains were in the UNDERVALUED stocks (double digit) but for overvalued we had gains on the downside. As always we trade ACROSS SECTORS looking for earnings opportunities in "anticipatory upswing" and "downswing" and never will HOLD long through earning or take those risks that we have seen backfire for the last 6 1/2 years.
Since we already got the gain in NPSP intraday no reason to holdmore than a small hedge on the call side.