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
23,474 Blog Posts

Now This is a ‘Good’ Rally

TLT is lifting off and precious metals are getting the business again. This rally should stick, AND MORE.

Oddly enough, many stocks that are on my ‘to buy list’ are down today, creating room for opportunity. The question proposed is a very simple one: will the rally last? If so, there are good buys out there today. If not, I am better off eating hammed sandwiches.

As you know by now, my investments have been condensed into just a single security: IMMR. The rest of who I am, what I am, is in cash.

I haven’t stepped in with buys yet, due to ‘deer in headlight’ syndrome.

Still watching.

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18 comments

  1. joe

    SNE is a buy…every freakin day

    I swear to god, SNE is where aapl was 10 yrs ago

    those japs got their shit together on that one…that CEO is money…extremely impressive and yes, its my backdoor japan play…I’d love to buy more at 16 but I doubt it ever gets there again…ever

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    • metalleg

      What do you like about them from a fundamental perspective? Do you think they will finally get their shit together in the electronics side of their business? AAPL seems to be dropping the ball a bit so maybe that will present an opportunity for SNE to get back in the game in a big way. Just waiting to see their big breakthrough product.

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      • joe

        I view them as a diversified entertainment company…actually, I think they are stronger because of their diversification then AAPL…they are on the road to rebuilding their image…with diversification, they don’t ‘need’ a big breakthrough product..actually, that would be bad

        one question: would you rather buy AAPL today for the next 5 years or SNE?

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      • The Fly

        I was very impressed with sonys new teevees

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    • T-Bird

      The fact that the xbox one is royally pissing off every gamer out there doesnt hurt either. I think the PS 4 will eat their lunch… at first anyway.

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  2. TheHarper

    Buy $RAD …smartest guys in the room are.

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  3. fly jr

    RUT is buying this and participation is LOW. nasty reversal is in progress. Buy SLV

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  4. Mr. Partridge

    RSOL … it’s a solar day today in US markets….

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  5. charlie

    What movie is that? Paul Giamatti must be one of the least typecasted actors in modern film.

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  6. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I dumped everything in pre-market….made back my egregious losses from Monday and am back to flat on the week. Just going to chill and see how things develop.

    I think i’d rather short from higher…than go long from here.

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  7. razorsedge

    when the pres spoke, he said buy solar.,

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  8. m1rk

    fly, how’s the risk appetite index?

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  9. bugatti

    Sir Fly, please look into:

    $GDSI

    They just acquired world leader in RPGs.

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