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

An Objective View of this Recent Bull Run

It has been narrow. Many good stocks have been left behind, which makes me feel uneasy, as always. When the markets start to go up and some of my stocks are left behind, two things happen.

1. I begin to doubt the positions.

2. I look to upping the risk profile of my holdings, in order to participate in the rally.

Therein lies the danger. If we get a pullback, you’re left holding a bag of shit. Having said that, I pared back my HABT position again and started a new position in AGIO. I know, AGIO is super expensive and the stock is already up huge. However, their cancer drugs might be the biggest drugs ever. If approved, the stock may do what REGN did, so it’s worth the risk.

Right now I am in my office, drinking from a bowl with a handle on it, an obscene amount of coffee. I am fielding dozens of emails from prospective Exodus users and trying to come to grips with today’s market reversal. I went from being +0.4% to down 0.25%. It’s not a big deal, in the big scheme of things. But, I think it’s important that we recognize that oil/gas and homebuilders have been the only stocks that have risen in recent weeks. Almost everything else has remained flat to down.

The original game plan was to be long crude through April, was it not? Going with that train of thought, we should be paring down those positions here. I am thinking about selling out of my SLCA position and the rest of my FMSA. In its replace would be its natural enemy, an airline or two–maybe even a trucker.

If you’re short stocks, indeud the Sun Also Rises, especially from the East. You will walk away from this trading session a renewed man, a person of extreme importance and interest about the town. Beautiful women will flock to your side, hoping to glean a small piece of brilliance from your person. Remember to bestow unto others what has been given to you, good man.

NOTE: Fifty more Exodus trials will be emailed soon.

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21 comments

  1. it is showtime

    no volume
    no financials

    NO BULLS LEFT (ha HA)

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  2. bexpo

    It’s REALLY UGLY. I am totally on the wrong side of this. CRAP! I haven’t been listening to YOU. Uggggh.

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  3. TaoOfPatrick

    Unc has nothing but good things to say about you labor of love.Exodus!

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  4. belzile

    Look at the Chinese airlines going up every single day. It’s like they are using water and not kerosene in their planes.

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  5. dragun

    a little off topic but ….

    A woman was charged with assault with a weapon after another suffered face and chest burns when she was attacked with hot pizza Easter Sunday.

    The 22-year-old woman was standing in line with her friends at 2:15 a.m. at the Pizza Market in Truro, N.S. when she was assaulted.

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  6. speerothekid

    incoming blue star?

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  7. geezer

    I actually ended the day up around 0.91% thanks to my small UWTI and giant TWTR positions!

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  8. gauts

    What’s the seasonality on X? I wanted to buy CENX but then got X.

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  9. pyromonoxide

    I stuck out a few of the Russian picks from a few weeks ago and I’m up 10% in those. Risky but they are working. I may cash them soon before another political shoe drops.

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  10. tripperchris

    Fly, I have a feeling this may have been you who did this https://ca.news.yahoo.com/alleged-pizza-attack-leads-charges-171908118.html?

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  11. matt_bear

    KBH and BZH.

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  12. patricko

    That’s akin to holdin’ a bag full o’ dicks.

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  13. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    The Fly is detecting a shifting of the sands. He feels a little uncomfortable. I wonder why that is? Perhaps there is a blue devil whispering in his ear: “Run Fly Run!”

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    • vampyr

      I suspect, Monsieur Le Duc de Fly is feeling a lot of caffeine; that and the natural rush of birthing.

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  14. the dude

    I am long YY CHK XBI IBB SWKS.

    CHK most profitable so far. YY making me nervous – always a bitch stock to hold. XBI IBB SWKS recovering from my crucifixion last week but believe I will be resurrected as Easter has come.

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