Bullish On
To keep it short and sweet I'm bullish on XLI, X, CTL, AA, MU, SQ
XLI @ $69.85, X @ $25.65- we said on 22 May they were going up along with AKS that steel was going higher and what better way to play steel than these names.
CTL @ $18.53- she has found a bottom!
AA @ $46.44- just made a breakout of a critical level with room to go.
MU @ $35.95- as Micron Technologies goes into earnings on 26 Sep it's clear that investors want to own this name. I've been in and out of this name like jumping double dutch with good success and it's time to jump in again, and I've been waiting all year for Q3 especially. Emerald Chase alerted our paid Options Alert emerald chasers out there on 11 Sep that Micron @ $33.44 then, would go to $35. We say she at least kisses $37 after earnings call.
SQ @ $28.56- Square Inc broke out four days ago following healthy profit taking. It may pullback some in near days to come but I suspect it goes even higher than $29
POSITIONS:
Options (long calls): TWTR, KRE, GDX, AMD, VALE, JNPR, WMT, XLE, XOP, X, MU
Stock: PDLI, HMY