Chris Lau
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Chris Lau in Value Stocks,

Action List for Tomorrow, Thursday August 11

  • 1.Roll eyes after profit taking for Valeant Pharmaceuticals’ shares. Notice CNBC reporting VRX under criminal investigation for defrauding insurers.
  • 2.Trade AMD.
  • 3.Long Apple via Calls: September Apple iPhone 7 announcement expected
  • 4.Wow. VRX is down 12%. Repeat, the CNBC report is pulling the stock lower.
  • 5.Buy SHAK puts
  • 6.Load up on First Solar (FSLR) or CSIQ. Or maybe not. Solar energy sector is in a cyclical down phase.

Disclosure: A research note regarding Valeant was published the day the stock rose ~ 30 percent. I did not recommend buying the stock after the stocks big run-up. Here's the article (premium).