iBankCoin

Still in the Bunker

TLT was up today; therefore, it goes without saying, I am not a buyer. A dark cloud looms over this market, as it has done over and over since 2001. Playing the earnings game is nothing more than a gamble. Who would have known RVBD would skyrocket on  earnings?

The biggest money is in bonds. And they aren’t salivating over seemingly cheap PE multiples, just yet. I am sure the Fed will look to do another round of QE in August. That’s all fine and  dandy. But what’s going to make stocks go up in the long haul?

We’ve become slaves to manipulation, co-signers of corruption and theft.

I kicked out of RFMD, since it wasn’t central to my thesis. It was a bad pick.Other than that, I did nothing more than spectate in a heavy cash position of 32% and another 10% in VXX. In light of the recent pullback in VHC, I am pondering about starting a new position there; depending on my mood and the market, it shall be executed over the next few trading sessions.

If you enjoy the content at iBankCoin, please follow us on Twitter

23 comments

  1. HalfBloodPope

    I am gamblin’ on $PATK, riverboat style.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. moneyteam

    $DBP

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. dave

    Frank Sinatra didn’t have delicate hands.

    http://www.ebaumsworld.com/video/watch/14115/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.
    Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    $RVBD’s 2010 stock split was when they were got BRA’s radar.

    Earnings are gambles.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Drewdog12380

    Def need Fly to own $VHC!! That would seal the deal and crucify the shorts!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. fake amish

    Local grocery store just put in security doors. One small(only as wide as one cart) to enter another on the otherside of the store to exit. People are stealing fucking food. Alot of food. The store manger said the head office threatened to shut it down if they did not get the new doors. Scary new american dream factoid.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • fake amish

      The doors are really a hole. Apparently peeps are filling carts and rushing the exits with a pick-up truck waiting just outside. The fucking store feels like a prison when you are in it. WTF?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • tm

        Does that pass fire safety code?

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • EXK is dead

        Get used to it. It’s only going to get worse.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • Tonka

        Back in high school I had a job at a local big box grocer. Have you ever seen an old man with $200 worth of cheese strapped to various parts of his body? I have. Shit like that happened all the time back then and I assume it will continue to do so.

        The easiest thing to steal is something you need. No need to re-sell it. It’s always been this way.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • fake amish

          I know this town. This is new. Not that it matters the place is a shithole filled with poor people. But it always was. Times are changing. Nothing is more annoying then the “used to walk thru 1000 miles of snow” bullshit. It is not the fucking past.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  7. fake amish

    Nice scumbag rally in the banks today. So they want to break them up so they can sell the parts to middle class retards who religously spit money into the 401k scam. Epic.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Random

    Hope nobody was holding ZNGA.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. razorsedge

    gosh, your welcome.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. sodapopinski

    hah ZNGA

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. JTU

    Sinatra’s the man!
    Fuck that rap shit!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. artcashinclownblower
    artcashinclownblower

    STX Seagate blowin the lid off the dump! YIPPEEE 30% of my port fo

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Merlin

    POOF!

    • 0
    • 0
    • 0 Deem this to be "Fake News"