Boom Boom Stocks 1/4/2011 | Bulls on Wall Street

Boom Boom Stocks 1/4/2011

Evening folks! Strong move in market to start the year.  We started the day with a nice gap higher.  It was good time to sell off a few of your swings you had into the new year and reposition yourself.  The reflation trade was back on with big runs in metals and oil.  Thats something to keep an eye on as oil is getting to levels where it tends to snap back but if it breaks out higher not sure how the market will react as the economy is still in muddle phase.

we started the day off shaky as the market gapped up and i reached for a trade and hit $bpax at .517 which i had to sell at .48 taking 6% loss. But after that i got my sealegs and the chatroom heated up with some huge calls in $vq (which we sold almost the top of the day) $cie $motr $dang all for some nice gains.   Im holding $ffn $motr (1/2) $cmed $egle $jva overnight.

 

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