The trading Twitterverse was somewhat quiet today. Many who are usually chatty and bullish kept quiet or made fewer trades. I think more traders are getting cold feet – maybe they are watching IWM or the strong pullback in financials. I can understand their perspective. However, the leading stocks in 2017 are still strong and many tested or printed new all-time-highs.
$RTN HOD and all time highs $ISRG all time highs$NVDA near all time highs$AMAT near all time highs
Don’t fight beast mode. https://t.co/wCQTPSUtQ7
— Ryan (@ryanmathews) May 31, 2017
I added some AKS (kind of a risky trade – we’ll see what happens) and ENTG from watch list. I also sold the balance of MU for close to 10% gains, out C for break even, and URI for small loss.
Randomness
- Congrats if you played CTRL (Control4). These folks are leaders in home automation and smart home tech. They are positioned pretty good to take on middle to high-end installations.
- TDOC nice setup
- ACGL big day. Watching to see if it legs up from here.
- Will DLPH and MAS breakout of island consolidation.