Akamai Technologies (AKAM) - same general theme, looking to see if we can get a quick move to $46. (about a 6% move from here) Added a 2.2% allocation to my small 0.4% that was sitting out there.
These are your prototypical high beta, hedge fund dominated stocks... as long risk is "on" they should do fine. Until risk is "off" of course.
I added more "TNA" (3% allocation on top of the earlier 4%) as well here since I like the "action" in the S&P 500. Barring any strange moves by the silicon ("011010011100") in the closing hour we should close firmly in the upper subrange of 1070 to 1100. The lack of "give back" the past 2 days, after the big move earlier this week is a net positive. Larry Summers willing, we get one of those traditional gap up
(EDIT 3:30 PM - reader makes a good point in comments section that on the simple moving average S&P 1076 is a small form of resistance aka the 20 day moving average. I tend to focus on exponential moving averages so sometimes forget to check the other series. Does not change the larger theme that S&P 1070 is holding, which is all that matters to me; 1070 has been a massive pivot point for over 2 months now.)
Long all names mentioned except Intel in fund; no personal position