I asked my friends Cole and Eric at Blackstar for their long-term trend stop points on my favorite leaders. Here they are: RIMM – $85.89 GRMN – $73.44 GOOG – $609.04 BIDU – $259.89 OIH – $154.78 AAPL – $141.08 I will be using their Garmin, OIH and Apple stop points, but stopped out of …
Tagged: Baidu
Internet Animal Spirits…RERUN?
The last internet bubble was marked by the AOL/Time Warner merger. Here’s what we have going on today: 1. The Facebook/Microsoft chatter is now deafening. 2. Amazon is back at all-time highs and has an iTunes killer? :) 3. RIMM goes up 5 percent a day, so does Apple and Baidu. Most important, the laggard …
Chipotles…Meet Baidu
My Chipotles partial sell at $108 a few weeks back looks wrongeroo. That’s fine. I see it hit $116. You see Rose, who works with me in the office, shouts out the opening and closing prices for the two stocks. For those that think you can’t do this at home, you have not met Rose, …
Baidu at $300….Woo
Selling a little more now. I will be more pissed to see the stock back at $200, than at $500 at this point which is the reason for selling more. I think thats where the stop is now on my position remaining which is a factor in the decision for sure. What an amazing run! …
SEARCH and Destroy…The Shorts and Microsoft
It feels good to be alive, unless you are a Microsoft executive with stock options. The brain drain and Apple have been a dagger to the gut of Microsoft and while they remain full of cash, spit and vinegar, they bleed out a penny a week in stock price to their eventual irrelevance. Now I …
Baidu…No Reason to be a PIG
Up another $10 above $262, I am selling a few shares because it just makes sense to me. My last sell was in the $190’s and I thought I would hold the rest for a long while. Until today, that is. Lot’s of breakouts to reallocate and diversify some of the wild profits. I love …
Adobe and Baidu..Seem subprime Free
Adobe guides up I think from a quick glance. Slow and steady has this rise been. Baidu has been the opposite, fast and loose, but added 18 freaking more points today. Congrats to the SIRI longs and Baidu shorts. Keep reading this blog for my good luck. Disclosure – Long ADBE and Baidu
Goldman AND Baidu…Oppposite Directions for NOW!
I gave Goldman Puts and the stock is down $3 and Baidu (long) is up $9 on news of a video deal. A nice birthday market open. SINA, SOHU, SNDA and FMCN are other China stocks flying. In the end, Goldman Sachs will be the big winner in China so it pays to keep it …
Trend Following IS NOT for Everyone
Over on Trader Mike’s site this morning is the quote: “In order to maximize your profits (let them run), you must be willing to give some of them back.” ~ Van K Tharp As I watch Google, Baidu, Garmin, Apple, Chipotles and others in my portfolio run away, I am reminded of the quote above …
The Market Remains Delicious…BUT?
If you have stock with strength, the market has been so kind. My stocks are just having some spectacular runs…Navteq, Garmin (Wallstripped), Baidu (Wallstripped) are romping again. Today I noticed a few of my stocks starting to catch serious breakout bids…Synaptics, AUXL (Wallstripped) and Lifecell (LIFC). Lifecell and Synaptics have not been Wallstripped, but they …