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TWLO And ACIA Take The Gold

Published 08/17/2016, 02:44 AM
Updated 07/09/2023, 06:31 AM
SPY
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ACIA
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TWLO
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“Control your own destiny or someone else will.” Jack Welch

More great action from stocks, and that allows us to be away from the office this summer and let stocks work with an eye on the phone every couple of hours.

Twilio Inc (NYSE:TWLO) and Acacia Communications Inc (NASDAQ:ACIA) remain on absolute fire and we’re lucky enough to be in them.

SPY Daily Chart

SPDR S&P 500 (NYSE:SPY) looks good to me, and in terms of day counts, we may be able to squeeze out another three weeks of strength before we have to lock in gains while we take 6 to 8 weeks to correct before we move into the seasonally strong fall period, but time will tell on all those fronts.

I have a 10% weighting still from 202 with 217.50 or so my stop area.

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