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New York
Saturday, October 1, 2022

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Quick Thoughts

Every once in a while TXN throws a fire sale – Yesterday was it. Stock is way undervalued.

HET has a long way to go to catch up to the group. As long as WYNN and LVS keep going up, they will be dragged back up with them.

MSFT – good buzz week starts now on XBox followed by lots of other announcements – might want to wait for a pullback but there might never be one (200 dma = $25.50)

No one on the planet can guess oil during option week – do not try!!!

New book title: “Bio Strangestock – How I learned to stop worrying and love Elan”

Goog – Very tempting short if it hits $404 and turns. Not a good idea if it hits $406.

SNDK still miles overbought.

Good trading,

– Phil

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