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
23,445 Blog Posts

Waiting For Apple

Europe is softening into their last few hours of trade and US futures have surrendered all of their gains, setting us up for another “woosh” lower. I don’t think this market can move forward without knowing the status of AAPL. After going up forever, the shares are in a legitimate spiral lower, as Tim Cook fancies himself to be Steven Jobs II, with a keen eye on nothing other than back office operations. Eventually, he will destroy the company and the brand.

Nevertheless, I will be allocating capital into the sell-off, should it materialize in earnest. The more earnest the better.

F regained its investment grade status at Fitch and NFLX is having its dick chopped off in pre-market trade.

My next series of buys will surprise you because of their low risk profile nature. Gone are the days when Senor Tropicana placed his balls on the cutting board, whilst speed chopping carrots. I can’t do that shit anymore. Look at this fucking YELP, cocksucker, dipping me in hot oil on a daily basis. God only knows what those animals will report on 5/2.

It’s time to slow the fuck down and quit the river boat gambling scene. Regrettably, this is not the time of year to bet big. We’re heading into the summer months, traditionally a fucked up time for stocks, so trade accordingly.

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42 comments

  1. acehood

    understand this pal, stick with your short squeeze plays because therein lies salvation.

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  2. Ehowaito

    If your trading strategies have the same maturity level as your language, then I am REALLY HAPPY you are not controlling MY investments….

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    • drummerboy

      fag

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    • The Fly

      What’s the matter, does my verbiage offend your softer sensibilities? You are always more than welcomed you fuck off and venture elsewhere.

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      • Dinosaur Trader

        I too, find offense with much that you say.

        Can’t you be nicer? I mean, isn’t there a way to express yourself without offending everyone all the time? I’ve been coming here for like 4 or 5 years and I’m damn well offended nearly every time I read what you write.

        How about you post a nice graph, with areas of interest and support and resistance lines?

        Thanks,

        -DT

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    • MX2101

      A reader of greater maturity sees the writing, not the words.

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      • Blind Read Ant

        I think, MX, that this should be enshrined as a Technocratic proverb. DSK approved. Well done.

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  3. drummerboy

    hey fly,the goat fucker on the left of those two,”jobs wanted”. i can see what’s written on the bottom. nice touch

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  4. BigSpooky

    Maybe I’m just the next sucker to fall into this value trap tarpit but the coal miners seem compelling, with plenty of beta for a BSD like yourself.

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    • heaterman

      0bama is killing off coal fired power plants like a shark in a school of sardines. Coal is dead.

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      • Spooky

        It’s not Obama. As if a president could do that so easily. Try natural gas!

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  5. Yabollox

    Coal is a black smoke murder hole.

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    xxxHuggieBearxxx

    GDX drops 2% – 3% on down days, threatens to creep up a half percent on up days. Prob finish flat.

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  8. pjdempsey

    Ha ha ha. Nice with the Tim Cook and “back office operations” because…. well because he’s… you know “into” back office operations. Intentional?

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