“Yesterday I was clever, so I wanted to change the world. Today I am wise, so I am changing myself.” – Jalaluddin Rumi
Stocks staged a nice comeback after the first presidential debate Monday evening.
I continue to see stocks acting great, as they should, in a bull market.
I bought some Impinj Inc (NASDAQ:PI) today at 34.85 with a 10% weighting and that is rounding out my holdings nicely as I don’t have a lot more I can buy.
I’ve still got long positions in Acacia Communications Inc (NASDAQ:ACIA), Amazon.com Inc (NASDAQ:AMZN), Alibaba Group Holdings Ltd (NYSE:BABA), Keryx Biopharmaceuticals Inc (NASDAQ:KERX), Lumentum Holdings Inc (NASDAQ:LITE), Momo Inc (NASDAQ:MOMO), Resolute Energy Corp (NYSE:REN) and Twilio Inc (NYSE:TWLO).
I’m focused on fast moving leading stocks and this list is pretty solid and there are a few more I am interested in and will get into later in tonight's letter.
Not bad stuff from SPDR S&P 500 (NYSE:SPY) who should be fine as long as we remain above 214.
I’m heavy into stocks and well into my margin now.