Ooh, the jobs numbers were good; therefore, we should all margin out our accounts and throw fistfuls of cocaine at our cold callers, ordering them to smile and dial.
You know what? Fuck this market and the sick, twisted, people who trade it. You know damned well we are going to reverse and get tar and feathered today. For almost a year now this story has replayed itself over and over, luring me in like a sucker on a stick. Well, I have news for you, I’ve reached the maximum allowable limits of jadedness and will do the exact opposite of what logic dictates, hereinabove, for as long as it takes to re-establish market dominance over my peers.
I am not fooled by Mother Market and know her devilish ways.
As an aside, social media is now uninvestable. I am left with a small, legacy, position in YELP and couldn’t be more disappointed in the direction the company is taking. It’s not just YELP. This entire industry, save LNKD, FB and TWTR, is riddled with bullshit. And there is one common denominator: FREE CASH FLOW.
From herein out, I am going to focus, exclusively, on companies generating significant free cash flow. The market has matured to the point of apathy with these high growth money losers. The illusion, the facade, has been lifted and the bottom line is all that matters.
I strongly advise you to heed this words of caution and to reconfigure your holdings to preclude degenerate gambling stocks before the hammer of death strikes us all again.
If you enjoy the content at iBankCoin, please follow us on Twitter
AAPL, GOOGL, and MSFT… all the free cash flow you’ll ever need.
So many more companies than that.
My God you said it brother!!! No more fantasy bookkeeping for me either. This market is WEAK!!!
Sigh
were you fully long on gpro?
yup
I’ll be looking to see if VIX gets to its recent support of 16 today.Has been bouncing off of it lately but could be the time we finally break through to fuel the rally.
damn treasuries getting pounded after ‘too good’ job number, while the ES futures only up modestly.
Case in point CNBC, the CEO of Twitter says as long as they can get rid of the trolls they can gain more market share what a bunch of bullshit .So that’s their plan? that’s no fucking plan when the shit hits the fan and all the social media bullshit stocks plunge just like the.coms did,it’s going to be nasty and yet again it’s going to be beautiful because I’ll be there to short the crap out of them
You mean today won’t be the first day in 2015 that the market makes sense? Darn.
Fuck the market. Buy real estate.
Real estate is hard work.
yep, there’s a bull market in amateur landlords desperate to pay the loan = sex offenders, crackheads and felons for neighbors. background check? pfft.
Agree completely. Well planned and executed real estate deals have yielded me much, much better results than any stock deals. But that’s probably a matter best discussed elsewhere.
true but all well planned and executed deals yield great results in any area. real answer is stay diversified. if you live the stock market – REITS are fine. But flipping properties is lucrative – esp when you live on the ocean/Gulf. As can being a landlord – but man what a headache this is at times.
funny when i was in college it was my roommates that were hiding in the closet and jumping out the back window when the landlord came. Sad but true. Now I’ve got to listen to the monthly BS stories,
Landlording, especially on a small scale, is definitely a tough business. I’ve been there. These days, the only residential deals I’ll do are where the properties are tenant-free at closing. I apologize for the off-topic real estate chatter. It’s something I’ve been involved with for a while and it never ceases to amuse and reward me in so many ways. ๐ Now back to stocks…
FB, GILD, GOOGL, AAPL, best cash cows out there.
no more champagne corks?
Gold getting slaughtered into this dollar rally.
Favorite free cash flows
Apple
Ace Limited
EMC Corp
F5 Networks
Liberty Media
Micron Tech
Pilgrims Pride
Toronto-Dominion Bank
Unum Group
Voya Financial
Remember Greece? That was cute wasn’t it?
Non event unless Carusso-Cabrera puts on a gas mask
Thank God for two things:
1) Fossil Fuels
2) Horatio Claw Hammer
I got your modern portfolio theory right here (grabs balls) !!!!!
Amen Fly, FCF has been a great way to target opportunities. Lots of activist focus there too.
Excited to see what your next buys are. I <3 FCF and GARP names.
The VIX 16 holds…Got to 16.06,now at a 17.07 w /mkt weakening…
You see this? He said to book it…
respect !
regards
Chuck Bennett
First GPRO
Now YELP eliminated
Where’s that BALT(ic ick)
look at yelp,,maybe extortion ain’t such a good business model after all