Amazonnnnn and Baiduuuuuuuuu

Ok so Amazon (AMZN) is up $5 on 26 million shares (normally 11 million shares) and Baidu (BIDU) is also up $5 (if it closes here an all-time high which I think is significant).

The semiconductors which I have PUTS are barely up. They remain weak and I am staying with the Puts for one more week or a strong close above $38 on SMH

Good day.

It will be funny to read the Amazon and Baidu haters again today…short covering, shit company, joke… That comes from trying to call tops in momentum stocks. It is a painful day and month for the shortsellers in these two stocks. Painful.