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
23,441 Blog Posts

We’re Not Chasing Garbage Trucks

Today we climbed the wall of worry. Stocks like YY, SOL and GOGO took off like rocket ships. In the past, I’d use today’s enthusiasm to press longs. But, we are in the different tape. There will be overhead resistance for a lot of these garbage stocks.

Buy growth…but with earnings. Companies like JAZZ, GILD and FANG flush with cash and earnings.

Feel free to reserve 20% of your assets for the YELPs and XONs of the world. Remain strong enough to say no to the naked prostitute lying there on your bed, for she has aids.

I have meetings this afternoon and I wish you well.

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

11 comments

  1. zombie

    The Fly is God.

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

    Zombie is the real deal. ONE minute or less. Yea!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. the pirate

    Homer Simpson Pirate says:
    ‘Na-ked prostitute with AIDS…..mmmmmmmm’

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

      Thanks to GILD you can sashay on over to the corner drugstore and your friendly pharmacist will give you drugs that allow you to only have HIV, instead of AIDS

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. Mr. Partridge

    I am having hard time convincing myself to buy back some momos like DDD… traders block of some kind 🙂

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

    Bought some FEYE yesterday. lol

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. C. Montgomery Burns
    C. Montgomery Burns

    I’m enjoying this, so-called, ‘iced cream

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. ironbird

    Do blow off tops happen after no volume melt ups? With the “they” trying to talk up vol and down the chase for yield, which is more likely? Blow off or correction?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. from gorby

    Mo momos for momoms but
    certainly not to make momoney.Earnings
    and growth moeverything.

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