FIT getting crushed

FIT (5.77) is down 17% on heavy volume. Meanwhile, Garmin (GRMN 84.07) is at 52 week highs. No positions.

GLD +14% from August Lows

Gold has had a nice little rally but clearly coming to a pivotal top. Holding for now but anxious to lighten up since we're, like, 1000% too heavy in the position and have been patient for a long time.

PDEX (14.71)

Pro-Dex nano-cap opportunity at $62 mm market cap
No position, still watching but, boy, these charts are looking sweet.

SNAP up 25% today

SNAP at 8.81 +1.77 (25%) on 124 mm shares vs. average of 18 mm shares. No position.

Surprises with solid Q4
Snapchat's Android usage keeps falling but rebuild tests well

SharpSpring (SHSP $15.15) new 52 Week High

current position breaking out on triple its average volume in the first 20 minutes

Apple doesn't do acquisitions

Sure, there has been a couple of them, namely Beats but as a rule, Apple doesn't buy anyone. With nearly $150 Billion in cash, they are really getting pressure to put it to work. Obviously, cash yields one of the worst returns on the planet so...adding SONO ($13.02) to the Watch List.

Apple is “currently lagging competitors in the smart home category,” JPMorgan wrote, referring to the company’s HomePod product line. Sonos, in contrast, has a “differentiated position as a premium home speaker system relative to Amazon Alexa and Google Home,” along with “strong loyalty among current customers and [a] robust international presence.”

Watch List Update

Gee Group (JOB $1.82) It fell to .54 on heavy volume and like my previous watch list post indicated it looked like the death knell for JOB. No significant news surfaced and we've made no buys into the stock.
GoPro (GPRO $5.04) status quo, no changes
Snap (SNAP $6.91) no changes
Fitbit (FIT $6.20) no changes
Data I/O (DAIO $5.85) no changes
Canopy Growth (CGC $48.88) such a rich valuation. Probably shouldn't even be "watching"
Pro-Dex, Inc. (PDEX $14.89) no changes

S&P: 2706.53
DOW: 25,063.89
NAZ: 7263.87