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

THIS IS CARCOSA

Splunk you!

I love when markets hit new highs and everyone I know is losing money. We all got caught in the cool kid stocks, when in fact: IT’S NERD TIME.

Today’s action is abysmal, thanks in large part of Fed Fischer and his god damned big mouth. But the wheels were turning this way for a while now. We might as well get this over with.

I ran a screen of stocks up more than 10% over the past 6 months, but down 10% over the past two weeks, sporting 20%+ growth rates. Here you will find the heart of the rotation. Have a look.

losers

Aside from this list, we have some new losers today–hot stocks under the knife of Mr. Rotation.

DDD, SCTY, GILD, ICPT, VEEV, BIIB, LL, GWPH, ACAD, QUNR, PWRD, WUBA. I can go on for days.

The fun is over, until it starts again.

 

https://www.youtube.com/watch?feature=player_detailpage&v=9d3qFZdGnwo#t=178

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7 comments

  1. TheHarper

    The eater of time!

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  2. belzile

    Are getting the 1000$ bottle ready?

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  3. genesis1

    Fly, GILD is my FEYE. Have a huge position from higher levels and intend on going down with the ship. I am holding long term. Thanks to you, IFON has softened the blow a somewhat. Sold more IFON at 4.61 this am. Looking to buy it back if it drops again

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  4. kdog

    One of the best shows I have seen.

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  5. the tristero

    ProfitMeNot Inc.

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