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

Look Who’s Winning Today

Can you say Chinese burritos? Out of all the stocks in the world, this sector is doing the best during this little sliver of respite. I feel like a rat scrambling for a piece of cheese. I’ll knife anyone for 1 or maybe 2% gains.

Here are today’s biggest movers that have been down more than 10% over the past month.

winners

The above stocks do not represent what’s working now, only what’s bouncing. The stocks that have been working are larger cap, based in Brazil, or are part of the power grid–classic defensive names. For this market to truly recover, however, we need the above stocks to go parabolic to the upside, leaving a cascade of bears falling off the mountainside to be eaten alive by carnivorous goats.

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19 comments

  1. jules

    Is that a pic of prophet Rong Xu?

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    • Moonshot

      Speaking of whom, where is he? I am still waiting for the delivery of his promise of YELP at 70 today.

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  2. Montrose

    Carnivorous goats. Nice one. Maybe throw in some bloodthirsty Monty Python rabbits?

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  3. ispankloin

    LOL Carnivorous Goats. They Baaaiite.

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  4. ripper

    yes FEYE finally bounced. 30pts to go!

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  5. OG

    Had some IRA cash, so I bought FB and NFLX yesterday. lol

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  6. juice

    you got to invest in the next world superpower ….. btw, anyone know where the strike price is for the Yellen put?

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  7. Trading_Nymph

    I blame you China Securities Journal for the hope you are giving the Bulls today. You know what you did, lol.

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    • Trading_Nymph

      fwiw, first test of this bullish attempt today will be coming soon with both buba hawk Weidmann and Hawkish Plosser speaking. Also, China Govt says no stimulus no matter what the gossip is.

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  8. ironbird

    IFON Dirty children Chiclet slinging is trying to go green.

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  9. Jukeboxhero

    I’ve never watched so many take comfort in someone elses pain. The fly has a few losing positions(as anyone who has invested/traded). The game isn’t over. Let’s see what he does from here. For the people that are happy watching the fly lose money, is it because you think he’s full of sh1t and never made money?

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    • OG

      It’s usually people with shitty lives that want to feel better about themselves.

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    • butchbr73

      i’ve got two guesses… one, bc they follow every move he makes and are unhappy he has not sold, etc… bc they would have sold when/if he did.
      two… bc when you think the Fly is losing, he’s winning. they wish they had the market intuition and knowledge the Fly has, and any minute they get a chance to poke… he’s poked.

      In the end, it would be interesting to see the books of these folks and what they actually trade. I can say I bought and sold whenever it sounds good in their warped minds, but reality is something completely different.

      At this point, looking back a year from now on some of these companies… it will be a completely different view. These are growth companies, completely different than any internet bubble burning thru hords of cash on airplanes and wine parties in Napa.

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  10. The Fly

    They are the carnivale, always out to do tricks on others.

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  11. zeena

    I don’t own FEYE but it was weird how happy I was to see it go up just for you Mr. Fly : )

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  12. ironbird

    Every muppet “value” manager on earth is making the rounds.

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