I just got off the phone with a client services representative at TD Ameritrade. I am opening an account on behalf of my Mother and it seems to be taking forever and a day. I was told it was because they are opening a record number of accounts. If I were a betting man, I would guess the majority of those accounts will be sub 3k. The odd lot Larry gang is out in full force, in search of quick riches via marijuana stocks, block chain stocks or cryptocurrencies.
Take from that what you may… while I take their money.
In other news, I got longer $SWN energy after we saw what I think may have been capitulatory selling this morning. One man’s trash is another man’s treasure, after all.
What do you think, any one left to sell? Some big block sell orders went through this morning followed with some odd lot buying. Did you buy the dip? I did, but that’s just me.
I’m in a few $RMBS calls yet and they have earnings tonight. That is a coin flip trade but I’m feeling lucky.
I am doing egregious things to Mother Market so far this year. Keep reading and I’ll take you along with me, free of charge just the way you like it.
More soon.
OC