The week went by pretty well considering I was coming off a long holiday and often that will make a week back at work long indeed. All kinds of stuff to talk about tonight so here we go. I will press on even though I am guilty of many poor blog issues as per The Reformed Broker template but I am small time!
I have been using the iBankCoin model the PPT for this week and it has plenty of features that are great. Formerly I would screen stocks using various online tools and my eyes, but now things are much easier. One of my favorite types of screens in an uptrending market is too look for oversold stocks (technical or other) that have high institutional ownership. The theory is that big money will put more out to "defend" a stock they own a bit of. At least that's what I observe. Finding oversold stocks in this market is next to impossible of course, but you do what you can.
Two stocks came up last night and I really liked how the setups looked. I was attracted to:
EW at $78.81
NFLX at $178
I know, NFLX! I never said I was just going to buy metals! This is what is called trading, not investing or making a macro call. I had an issue with my brokerage through Bank of America buying EW but got is squared away and I was in NFLX at the the above price. I am looking for a nice bounce short term (5-7 days) that I hope will garner 10% wins on each. Not investment advice of course, I tend to suck at this stuff. I will update later on.
NFL Wild Card Weekend
The best time of the year is NFL playoff time! I love it. Here are my picks:
New Orleans Saints 34, Seattle Seahawks 20
Indianapolis Colts 27, New York Jets 24
Baltimore Ravens 23, Kansas City Chiefs 17
Green Bay Packers 31, Philadelphia Eagles 28
These are tough games to pick and foul weather in Seattle may be an issue for the Saints as well. Who knows?
Friday Night Entertainment
After a long hiatus, Friday Night has returned!
Did You Know?
-In "Return of the Jedi" Luke's lightsaber was to be blue but when shown against the desert backdrop in the film's opening fight scene on Jabba's barge, the blue blade was hard to see against the bright blue sky. Hence, the green lightsaber!
-Plants, insects, and some small mammals have an ability to find and harvest gold?
These actors turned down these roles:
-Will Smith – Turned down the role that eventually went to Keanu Reeve in “The Matrix”
-Tom Hanks – Turned down the role of Ray Kinsella in “Field of Dreams,” Andy Dufresne in “The Shawshank Redemption” and the lead role in “Jerry Maguire.”
-Keanu Reeves turned down Charlie Sheen’s role in “Platoon.”
More at the link!
Say it With Pictures
see more Very Demotivational
A crushing right hand in the 13th round wins the Heavyweight title for Rocky Marciano when he was trailing on points (in 1952):
Find the video for this, it's a huge right hand!
The tunes have returned! You know you missed this!
While not the complete song (get the soundtrack already!) here is The Blasters playing "Blue Shadow" in the film "Streets of Fire" and pardon the Spanish stuff:
And yes that is Amy Madigan from "Field of Dreams".
How about The Cult with "Edie" (love the section at 2:30 to 3:06):
And no, not Edie Falco, though I used to find her hot!
Now picking a favorite Black Sabbath tune is like picking a favorite Beatles tune (except all their songs suck so bad they are all even!) but if I was pressed I am going with "Snowblind":
There are MANY close seconds however.
We have a request from my wife for tonight (thanks princess!), and so here we go with Edward Sharpe & The Magnetic Zeros and "Home":
I love you too darlin'! I like this one very much.
Ok, I am about out of time so two more to close the show!
When I took little kitty Jessie to the Vet for her wellness check, they had Cyndi Lauper's song "She Bop" on the radio and I remembered how much fun the song was:
Well, Home is where the heart is, and so let's close the show with Motley Crue and "Home Sweet Home":
Have a good night.