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
22,662 Blog Posts

Melt Up

Germany factory orders is today’s excuse to melt up. On the surface, I’d like you all to lose a great sum of money, as winning is not enough for me. However, deep down, I’d like to see you make money. Like O’bama, “The Fly” is a humanitarian.

There are so many stocks on my immediate buy list now (ppt members see my immediate buy watchlist). But, I am fully invested now and content with my current holdings. However, I get bored quickly, which is part of the reason why I trade a lot.

Into May earnings, I cannot think of a better place to be than the refiners. If you are short them, you stand to lose a great deal of money, as they smash through all earnings estimates, thanks to record crack spreads. The refiners go up every 5 years or so. But when they do, the moves are persistent and mind boggling.

Prepare to be boggled.

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17 comments

  1. xxxHuggieBearxxx
    xxxHuggieBearxxx

    German factories are chugging right along…time to get drunk and buy stocks. Lets see, lets see….what best correlates with german factory production?

    Oh yeah….FUCKING EVERYTHING – BID IT UP!

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  2. The Fly

    Indeud

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  3. stinkystank

    gotcha… refiners into May. sweet

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  4. Taco

    Obama is humanistic; not a humanitarian. People who secretly wish for government gulags are not humanitarian.

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  5. Munchka

    tsk tsk tsk

    S’gonna be painful when the sword falls – so many amateurs, so little time

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  6. A Humanitarian Monkey with a Glock
    A Humanitarian Monkey with a Glock

    Sorry, but I must comment on our Dick-Head-in-Chief, Obama…he, like all politicians, are similar to dirty diapers. They must be changed periodically because of what is in them.

    Thanks you, and have a great day!

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    • A Ghetto Monkey with a Desert Eagle
      A Ghetto Monkey with a Desert Eagle

      “Thanks you”? Yo, are you dissin’ me ‘B’?

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      • A Humanitarian Monkey with a Glock
        A Humanitarian Monkey with a Glock

        No dude. If I was “dissin’ you”, I would axe your permission first, then I would dis you. I am, after all, a humanitarian at heart, despite my cousin who loves bangin’ Ghadaffi’s Ukrainian nurse dressed in a bhurka.

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  7. FIG

    Crack Spreads are up AGAIN today! This feels like a broken record, but I am happy with it.

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  8. drummerboy

    please, keep boggeling,my eyes are rolling from green colored things.

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  9. go2mars

    Obama is a humanitarian in the same sense as a vegetarian likes to chew up vegetables and turn them into crap.

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  10. mr.max

    Thx Mr. Fly for your kind insight! Now that my APR calls on refineries are skyrocketing I am anxious to get new calls for May with the profits

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