Big Mo In The House
January 19th, 2006 by BWV
Small cap stocks are really rocking. The IWM was even up yesterday as the senior indices got worked by YHOO, INTC, IBM earnings debacles. Today it is not playing around.. up 2+% !!
Although lagging in performance today, my accounts are at new all-time highs.. and I’ve been shaken out of most short positions, most for barely modest gains. This is a bear-killer market, and I think the rest of January will continue to serve up sweet long side trades. It’ll be like a popcorn machine.. they don’t all pop at one time. My job is to find those kernels that are about to explode.
To be honest I’ve not been trading very well.. or even putting in much effort. It’s hard to when you ski cowboy powder all day and then indulge in the evening. Add the 2 hour time difference and it’s a recipe for sub-par performance. Now the sun is out and I’m going to leave the market an hour early.. gotta get some pics while the blue sky makes a temporary appearance.
PVH is one I just reloaded on a Range Contraction pullback. In at 34.86. That huge volume up day last week suggests the run in this apparel maker (calvin klein, etc) is just getting started.
Long PVH
