BABA a ‘Coiled Mamba’ Waiting to be Exploited

The markets have settled into a pattern that has become all-too-predictable:  nuts-o on Fridays, based on whatever headline is available to trigger panic; and then, on Mondays, a lapse back into tedium. The obvious cause of this dynamic is that heavy bets anticipating volatility on Fridays is being unwound on Mondays. It has gone on for long enough, however, that we shouldn’t expect it to continue for more than another week or two, if that long.  And speaking of volatility, subscribers should take a look at the Jackpot Bet described in today’s Alibaba tout. The stock is a coiled mamba, but I still think the play I’ve suggested could be great fun.