RAX shorted a/h back on Nov 6th earns pop to $69 , was seeing a dubl top then & high PE... Well it did pullback almost $10, everyone amazed thinking it was so teflon & always bounces.
Cramer was squawking like mad back then how no one understood what a money making growth story it was and berating everyone, like SSYS that bounced today got too far @ 92 or MLNX at 118 and had to live up to their premium growth stories
UNP didnt think it would pullbck much like FDX popped , look at chart on KSU just hitting R , even NSC is all the way back up on its weekly that nobody wanted in sept with hauls down 7% yoy becuse of coal got killed to 55 now 75
Railroads are the swingest bunch in the market, KSU hit alt today & so did IYT both acting like the 2nd coming is next week!
Was pretty proud timing that UNP short for $1.50 & should have bought long, see what haps tmorw
EBAY was wishing had caught that bounce, then wishing the opposite today lol, so really not in synch with it .Might think it would bounce here but we are looking at seasonally weaker qtr ahead after the holidays. This i why am thinking AMZN might be declaring a top tho might pop tomorrow for a fade.
PCLN repecting that gap high at 730, havent been watching it much
YY, found this last week just before earnings & wondered why it was such a hottie then took a short swipe that turned out great but covered too soon, only 6mil float China baby and seemed too rich $1bil and way overbot
another one for the China baby file, sure wished had shorted more see of it holds the 50ma
Amazon.com downgraded to Neutral from Overweight at JPMorgan JPMorgan cut its rating on Amazon.com shares to Neutral from Overweight on concerns the company's gross profit growth will decelerate in 2013. The firm says Amazon's third party sales are likely to moderate while comparisons get tougher. JPMorgan lowered its price target for the stock to $300 from $333. Amazon closed yesterday up 97c to $275.10. :
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