Scrape some change off the table.

In this blogger’s humble opinion:

It’s best not to venture into longer-term Growth Stock investments for two main reasons:

1.  Market conditions are bearish.

2. It’s still too early in the month/quarter/year to discern where Leadership and themes are forming.

HAVE

GROWTH STOCK POSITIONS:

none

M.A.P.L.E.S. POSITIONS:

Date	Symbol	L/S	Entry	Position	Stop	20%	Goal
1/7	TWTR	Long	38	Half	36	45.6	Exit @ 20%
1/9	TWTR	Long	40	Half	38	48	Min. 20%

The Twit appears to have turned a corner and is staring down its 200-day MA. Down trend broken after last week. Plenty of buyout rumors on this one. Keep your hand near the ejection button at all times.

Date	Symbol	L/S	Entry	Position	Stop	Goal
1/8	USO, March 20, 20 Call	Long	0.78	Quarter	0.25	Two, Three -bagger

Pure bottom picking on this U.S. Oil ETF. Nothing in the charts suggests a reversal is happening. We generally avoid trying to catch a falling knife. BUT, it sure feels like we’re getting close to a bottom. Beauty of options is we can risk very little to take that chance. Let’s call this a lotto ticket at this juncture. Besides, seasonal tendencies for oil demand might play in with a reflex rally this month or February. We’re slowly getting our feet wet here.

WANT

We think Homebuilders are an excellent candidate for Leadership. Read more on this here.

Ticker	Company	Chart	Entry
KBH	KB Home	L-BASE	18.18
NVR	NVR, Inc.	BO	BO
RYL	Ryland Group Inc.	L-BASE	BO
WCIC	WCI Communities Inc.	BASE	BO

The train appears to be leaving the station on these. Aggressive money scales in very cautiously. Be ready to eject in a heartbeat. Stop losses are your best friend here. Only KBH offers a traditional pivot point entry. It’s also the weakest of the bunch. Again, this is aggressive buying because it’s not the best market conditions. BUT, we like what we see. We’re looking to get long here also long as we don’t see a collapse in the charts and it doesn’t get too far ahead of where it is.

Stay safe. Keep your powder dry.