Market up pretty big, about 2%. Goldman, Sachs and Google are both red, however. The other Gee, GE, is green but we really need all 3-G’s to be green for a full assault to be made. S&P at 821 with 825 being the next, difficult, barrier.
Was stopped out of AIG on the opening for a flat trade. That’s the beauty of stops. When they work. In this case it did as the stock is now down 10%.
Added to GE and Buffalo Wild Wings (BWLD) and US Steel (X) today and yesterday initiated positions in Morgan, Stanley (MS) and J.P. Morgan (JPM). I now have all the Morgans. The Morgan, Stanley idea came from my man in the woods of Vermont, Peter. Its his fault if it doesn’t work.
