Chris Lau
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Chris Lau in Value Stocks,

​Action list for Friday, September 2

TGIF. Expect a slow trading day (despite weak manufacturing numbers and weak sales).


  • 1.Lululemon (LULU) try to rebound from $70 to $75. Unlikely.

  • 2.SHORT Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST). IT fell 14% on Sep. 1
  • 3.Get bullish on Wal-Mart. More layoffs. More profits. A run to $75 - $80 to follow.
  • 4.LOL EU trying to get tax money from Apple (AAPL). Apple is launching the Apple iPhone 7, Macbook Air refresh, MacBook Pro refresh.

  • 5.Long Ambarella (AMBA) as company crushes earnings expectations.
  • 6.Expect Valeant Pharmaceuticals (VRX) drifting back the $25’s - $29 range. $30 is but a memory for now.
  • 7.Post your moves in the comments below. Join this group.
  • 8.…watch the jobs report tomorrow.