iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

Examining the Rotation

Today seemed like a significant day. However, it may prove to be meaningless. I am going to throw some of my notes on this here blog, randomly, not really giving a fuck about cohesiveness.

Today’s notes at the desk of Le Fly

Mean sell off in treasuries, TLT down 1.5%.
Dollar tanked and gold/silver traded up. What else is new?
Coal down, natty down, oil up and gasoline down.
Refiners reversed lower. Crack spreads off by 3%.
WTI outstripped Brent.
Financials were very strong, while oil and gas stocks weak.
CSCO was very strong, as well as BRCM.
OPEN reversed lower.
Networkers FNSR, OCLR and XXIA surged. I thought that sector was dead?
AMD up. Okay, tech was kickass.
Education stocks were up big. No interest.
Pollution control stocks were up, like WPRT, PMFG, WCN and CLH.
TEX got hammered.
Furniture stocks were up, ETH, LZB, FBN.
Ag was very weak.
Do silver stocks ever trade down?
BBBY blew away numbers. This bodes well for GMCR.

For the day, I was down 1.1%.

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22 comments

  1. Alvari40

    Fly,

    That shit you posted is the most coherent stuff I have seen. Please keep that in the daily rotation. Good stuff.

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  2. Marc David

    Wait what? BBBY and GMCR? Does this mean the PPT called the buy zone yet again?!

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  3. russ

    How does this affect your WNR thesis?

    Refiners reversed lower. Crack spreads off by 3%.
    WTI outstripped Brent.

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  4. yoursisterspanties
    yoursisterspanties

    yes plz shed a lil light on the reasoning behind the bbby and gmcr correlation?

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  5. Corntopia

    Corn for murderous dictator!!!!

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  6. drummerboy

    yep,that open faded, and shit was done by 9 o’clock,the rest of the day,fuckin romper room the rest of the day,main theme,cause the kids need to work off the ridilin their mommy made them snort before playing tag.three biggest brats in the playground elvin Naz. and no nose Dowie. along with crossed eyed SPete, see who could be red or green the most in one session

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    • flyaway18

      Drummerboy:
      Get yourself some TBT it’s raring to make a run at $40.
      Been watching one of your old faves, LPX , TIMMMMMBEEEEEERRRR!
      Guess stagnant new home sales putting a damper on this one now?
      Another out of fave, USG, unless Japanese like defective wallboard, seems to me they’ll have enough mold to deal with withut importing any from the Chinese.

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      • drummerboy

        yea,just not feelin the woody’s lately. even though they been standin tall lately.head fakes and some moaning is all. 🙂

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  7. Goldie

    I got me some of that OCLR this morn.. Me likey

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  8. Kenny Fucking Powers
    Kenny Fucking Powers

    Fuck the masses. This shit is over. I am 100% bearish. Long oil is a great play, but this ends badly. Fuck yeah, all in bitches. Prepare to fail.

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    • A Monkey Commanding All Matter (including Silver) in the Universe
      A Monkey Commanding All Matter (including Silver) in the Universe

      This is the correct answer. Here comes the double dip. Real unemployment at 50%, food riots, and the Pittsburgh Pirates will win the division!

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  9. shipwrecked&alone
    shipwrecked&alone

    Cramer said large short seller out there in OIH today.. if he’s right. I was wondering why my IEZ got hit so hard. MRO can also give you some refinery exposure at 14X trailing and 2% div. Slower and smoother ride for us old folks. Estimates going up every day. I own WNR and heard Sheen bought it too. He wants to buy more bowling shirts.

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  10. A Monkey Commanding All Matter (including Silver) in the Universe
    A Monkey Commanding All Matter (including Silver) in the Universe

    Silver! SLV, fraud and all.

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    • go2mars

      Bullion Bank Trading – A Closely Guarded Secret!

      By Adrian Douglas

      Check it out.

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  11. Bubbles

    Great post. Gives us home gamers a nice summary to consider.

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  12. Homo Bob

    That ad placement in the body of your blog is fucking up my investing Fung Shwayyyy. Killer call on refiners, you da bomb.

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