Monday, April 13, 2009

Strong opening hour

Haven't gone long GOOG yet. No need to. In fact, I'd go long AAPL first. For now, an hour into today's session, C is up 12% to 3.42. Serious resistance at this level, but no complaints from me. It moved fluidly, not the usual million-share blocks on either side to slow it down.

WFC gapped down with the rest of the market (Dow -77 points), but is back at break-even (19.60). BAC is still moving, now at 10.31.

LVS hit 5.00 earlier. I sold it on Thursday at 4.45. I didn't know Steve Wynn would interview on 60 Minutes over the weekend. If I had some extra cash, I'd look for a pullback on LVS and maybe BAC. But I'm up 9% so far. With GS reporting tomorrow, I'm not looking to sell C or WFC yet.

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