iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Stock #Market Recap 01/23/14 {Video}

We are staying on top of this market inside our 12631 Trading Service, which @RaginCajun and I direct here at iBankCoin.

If you enjoy my work, then I’d encourage you to click on this 12631 hyperlink for more details about joining. 

Enjoy tonight’s video, and enjoy your evening. 

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6 comments

  1. zookini

    Your input is invaluable as always

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  2. gatorsun

    UCO mania…..homies on the run KBH my play

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  3. Ed Hale

    Fantastic as always. This one perhaps moreso for the rare slightly extra exuberance in your voice, and the fact that you’re now discussing both long and short trades within the same breath. Sounds like you thoroughly enjoy playing both the bull and bear trade action simultaneously as many others do. UCO has made me a small fortune this week. I can tell you this: look at the chart– this baby loves 32 an from there it’s sky’s the limit. One more up day for crude and we’re there. Speaking of nat gas been using this opportunity to both sell UGAZ for the profit and buy up a decent stockpile of DGAZ down here. When nat has falls it falls fast. As soon as it gets back to 4.28 or below the DGAZ WILL EXPLODE into easy money. So sssshhhh. Just between us. ;-> Re metals. GLD yes is a play. A safe one. But for 3x leveraged action and higher profits go with UGLD. if you’re less sure then stay safe and play IAU. Same as GLD except its way more affordable (you can buy more and get higher % gains), has a less expense ratio so it more closely matches spot price, and is just as liquid. Just a better instrument. Though neither reap the rewards of NUGT or DUST. NUGT may be good for one or two more days worth of slight up action. Depends on what the metal does. But in the meantime shore up a good stockpile of DUST here now. This is record low for it and as soon as gold gets hit again that busts back up to 48 in no time. It’s a no brainer. Wish me luck tomorrow. Holding a wad full of AAPL calls slightly OTM. Sell tomorrow or wait till after earnings on Monday. If AAPL happens to decline a bit tomorrow for Gods sake buy some AAPL calls into earnings — if you liked what NFLX did this week. Should be fun.
    Thanks again for the time and talent to make these recaps Chess. They do not go unappreciated.

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