Trading Moves For March 3, 2016

Here are the moves for tomorrow:

1.Take profits from former momentum high fliers trying to bounce back but are value traps: LinkedIn (LNKD), Amazon (AMZN), SPY Calls, Facebook (FB).

2.Sell Activision (ATVI). Volume is unconvincing and it, and EA (EA) are pulling out of E3. Why?

3.Sell Netflix (NFLX) if stock is $100.

4.Wonder if SunEdison’s (SUNE) takeover of Vivint Solar (VSLR) will go through. Banks said no.

5.Buy Advanced Micro Devices (AMD). Speculation and hopes of turnaround back on.

a.My chart and analysis of AMD is here.

6.Wonder if Intel (INTC) is keeping AMD’s stock afloat. Buy Intel and sell at $33 – $35

7.Sell Glu (GLUU) for now. Buy it back on the dip.

8.Watch Chesapeake Energy (CHK) in light of tragic events following indictment of ex-CEO.