Think For Yourself

Market is going higher. Healthy consilidation and built a strong base. Should breakout to new yearly highs from here into new year. Top picks EPD, Ez Corp. (EZPW), LG Display (LPL). And short higher edu school stocks, specifically Grand Canyon Education (LOPE), and basically anyone in the business of giving online diplomas in communication/business areas of study. Implementation of thesis Friday at the close and have been rewarded thus far. However with the exception of LG Display, these have 1-3 month time frame in my mind.

"These days investors have relearned that the investments everyone is talking about are usually ones you don't want to buy. The risks of chasing a highflier generally outweigh the rewards. It takes a 100% profit to recover from a 50% loss.

The best investments are usually the ones nobody is talking about. Ten years ago, everybody was talking about which technology stocks to buy. Almost nobody was talking about gold. The Bank of England could barely give the stuff away at $260 an ounce."  Don't Chase Highflying Stocks - (WSJ)

Higher Edu Is Ponz

"The sticker price of colleges has gone up well over the rate of inflation, for decades," he said.
Indeed, if the price of gas had grown as much as the cost of a bachelor's degree since 1980, drivers would be filling up today for about $7.50 per gallon."

MSM common sense on higher edu bubble- Debt Filled (ABC News)

Nice directory/tutorial on algorithms (LINK)

New street high price target for Amazon issued by Shittygroup - $170 (AMZN) No denying that they are bellwether and one of the most important/innovative in tech space. Along with AMZN my best of breed large cap tech names remain Apple (AAPL), and Google (GOOG).

If you have even a toe dipped in the stock market some exposure in these names is a no brainer. Look to (QTEC) for a diversified vehicle to take advantage of all three. (It's the Nasdaq 100, which includes pretty big weights in all three). The estimates got jacked much higher and quite a few shorts have gotten comfortable in the name. They will shit themselves and cover their bets like they have before.