Latest positions, Monty Python and the big banks

Here’s a list of my latest positions in approximate order from largest to smallest. I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course). Anyway, here’s the list:

Longs –

• Amazon (7)
• Nvidia (8)
• Google (7)
• Facebook (8)
• Apple (9)
• Lindsay (8)
• Ciena (9)
• Marvell (8)
• Zagg (8)
• Sandisk (7)
• FutureFuel (8)
• Physical gold (8)
• Qualcomm (7)

Shorts –

• Apollo (8)
• EWY (8)
• MS (8)
• GS (8)
• Dollar General (8)
• Dollar Tree (8)
• JPM (7)
• LPS (7)
• IBM (8)

Good ol’ Monty Python with some timeless commentary on the banking industry. The only purpose of the TBTF banks these days is to serve as taxpayer-backed plundering targets for executives and traders.

How to irritate people – Banks