*What a sexy day at Wall Street !

Blood Blood Blood, ubiquitous!

What a day? Everybody hates the last three days. I love that. Thanks to uncle Ben , Morgan Stanley’s 14% sell off the next few months and the bonds issue, we got almost 3% fat off Dow Jones!

So what do we have here? Our three picks in the last three days are doing ok. That makes me more bullish on them. I’m still waiting on Google to shed some more off it. Morgan stanley was a good buy both yesterday and today. But if you are greedy and if you want it a bit lower why not wait tomorrow…weekend usually invites more sellers than people who initiate positions. As planned get MS early next week before it takes off like it tried today in the wee hours of the market. The market was selling off one end and MS was such a bull ride for an hour and then people felt the pressure and gave way to the bears. Love the target price rise from Bank of America on our friend Morgan Stanley.

So, why did I say today was a sexy day? I love crammer and his methodologies. That is why I love this week. it’s been a bears run, shorts laughing on bulls. My dad always used to say, ” When an elephant walks on the road, dogs keep barking from the side of the roads” Guys just let them bark and take the weak minded off the train.

My pick of the day is Goldman Sachs GS($220).

Don’t worry about the Fed speach, and the interest rate rises. This one is the best of the breed(Financials). A better play than MS in the long term. If you did not buy MS still. Buy this one. It’s on a dip. They report earnings next week (6/14). Why not play it on earnings? Lets get into GS now and get off board before the Discovery spin off from MS. Howzz that? Great quick flip!!!!

GS - What a stock? I liked it at $230. I love it today on this drop. Uncle Ben’s words have the market take a pit stop after that sprinty lap. I would love to get into GS anywhere below 220. WOW $21.3 earnings per year…giving us a P/E of just around 10 kewl.

If you have the gem already in the portfolio, why not add some tomorrow by mid day. I see another 2$ off and us getting in on with GS.

Good Luck to ya all.

Adarsh.

Note: I ‘m not an authorized/certified money manager or an advisor. This is not an advice or a compulsion asking you or making you to buy the stocks mentioned above. I just give advices. It’s completely under your discretion to buy these stocks. These are just a few picks I’m advising you, decreasing your time to find this from the huge WALL STREET’s ocean. There are many other better plays out there…these are just a few who I like to play as of this moment. I don’t claim to be that kind of guy who beats S & P regularly by some x %. No legal proceedings regarding this can be made, as I never persuade anyone to invest/trade certain stocks.

My latest stock play -1

Tell me if my advice helps you in making some money. How about a lunch then? Read on…

GOOGLE: (yya it’s red hot now let it cool just a little)

Google broke that long resisted 513, to mark another green day adding another 2% on huge, real huge volume. All technical indicators as of this moment are pointing higher. Analysts at various investment houses are expecting the quick run to stabilize before the Jul 20 quarter results to be announced. I just took profit at $518.78. I will be looking for another good entry point in the coming sessions. I’m expecting a drop, even if it goes up tomorrow, owing to the options expiry on 15^th. The put volume of more than 70,000 options, i.e. 70,000*100 shares = 7,000,000 between $440 and $550 would be the major catalyst to put the price below or at least around $520(in case of a great bull market). * Most puts shared between $450 and $510.

The call volume of roughly around 100,000 options, i.e. 100,000*100 shares = 10,000,000 between $440 and $550 would be the major catalyst to pop the price up around $520. *Major call positions are shared between 470 and 520.

My Take:

Keep in mind that these two catalysts would be responsible for the price actions until the options expire on 15^th of this month. But get long as soon as the price drops down from the 520 levels. I would look forward to initiate a position in GOOGLE at around $480-$500 myself. Initiate 50% of your position at the drop to $500 and then keep adding on smaller drops (4%-5%)

Ideal buy:

50% at 500

25% at 480

25% at lower if it goes much lower or at 490.

Good luck to you all !!!!

Note: I ‘m not an authorized/certified money manager or an advisor. This is not an advice or a compulsion asking you or making you to buy the stocks mentioned above. I just give advices. It’s completely under your discretion to buy these stocks. These are just a few picks I’m advising you, decreasing your time to find this from the huge WALL STREET’s ocean. There are many other better plays out there…these are just a few who I like to play as of this moment. I don’t claim to be that kind of guy who beats S & P regularly by some x %. No legal proceedings regarding this can be made, as I never persuade anyone to invest/trade certain stocks.