First and foremost, I would like to thank The Fly for generously delegating iBankCoin headline power to me in his absence today. It is an honor and I hope you find my ideas useful.
Regarding the market, the big winners this week, beyond earnings pops like TSLA or PCLN, were of course the bottom fishers in the coals, steels, and miners in general. Stocks like CLF WLT and ETF’s like NUGT ruled the roost after being laughable laggards for quarters on end. Going forward, it will be interesting to see if follow-through is there and a bonafide sector rotation is at hand, beyond a mere exuberant, tradable bounce.
The @RaginCajun, myself, and the 12631 members active in our chat room always take pride in navigating all types of markets via making real-time adjustments and constantly focusing on core principles like risk management and position sizing, as well as making correct decisions regardless of random short-term results. If you are interested in checking is out, feel free to click on this 12631 hyperlink for more details.
So where to, from here? We know the market has largely become increasingly selective and trickier to play in terms of upside momentum.
In terms of preparation for traders, there will need to be a focus on actionable trading ideas, sector rotations, not to mention educational material, all of which will be found in my Weekly Strategy Session. The next Strategy Session is set to be published on Sunday. Please click here for details about joining.
Have a great weekend, and I will see you there!
http://www.youtube.com/watch?v=s4QWbncUMtQ
good job
Thanks, Boss.
Nice work , thanks .
zzzzzzzz…..never could understand why you would leave the rarified air you breathe in your glorious chatroom..why talk to the unwashed? oh wait –are you recruiting like jehovah’s witnesses do? you ring doorbells and leave little booklets on windshields too?
Alright, I’m going to post his in here and I will not darken your weekend again.-$CYTK, fits the criteria of squeeze candidate:low float, 75% institutional and insider ownership, 15% short, max pain well above its current pps, legitimate bullish thesis (Late Breaker presentation 9/3), and a daily that’s already gotten some of the heavy lifting out of the way.
Watch Out For MACK it has huge volume going into Monday and a ton of insider buying. Something is up with this one.
Hell yeah Chess!
Also I’ve been to that place in that photo haha, really cool place
If I didn’t have a trading partner, Mr. Partridge, I would surely want to be a part of your zip code, 12631. However, The Old Turkey has a multi-year contract with me, and there is no escape clause 😉