I am calling for a 10% upward move in the NASDAQS for the month of October. Now that Twitter assigned a new incompetent, Jack Dorsey, to run that company into the dirt, all is well.
My favorite stocks down here are AMCX, SHAK, JAZZ, CLX and TWTR. I know that contradicts my previous sentence about the company being drilled into the ground. That’s sort of the point. We’re supposed to go lower. But we won’t. Then when we’re supposed to go higher, we’ll go lower. Everyone loses, ultimately. The house (Goldman Ball Sachs) always wins.
At the end of October, I will begin, in earnest, buying up oil and gas shares. I am strictly using seasonality stats for this position.
Alas, I am relieved we’re entering Q4, despite the fact that we’re not out of the woods yet. Plenty of market turmoil has transpired in October. However, considering the recent damage done to the markets, coupled with strong seasonal trends supporting an October rise, I like my chances long here–teetering on the brink of disaster.
What are your top picks heading into Q4?
If you enjoy the content at iBankCoin, please follow us on Twitter
MVIS – Sony starting to sell pico projector with MVIS tech inside, in mid-October. MVIS also announced last year that a Fortune 500 company will be deploying a smartphone product in 2H of 2015 with their tech in it. My year-end target is at least $5 (currently trading near $3).
$TQQQ, $IBB, $FCX, $CHK
Wow, Fly – 2 spelling mistakes in one blog article. I don’t think I’ve ever seen you do that. That marks the bottom.
…and now they’re gone. Did I imagine that? I swear I saw it… must be the shitty coffee.
A game
BAH, FCX
UPRO UPRO UPRO
Your hair smells like grits
I think we’ll be lower tomorrow for another good buying opp.
TWTR, RH, UA
Anything Carl Icahn and shorting $NK. I am long $FCX $RIG $CHK
Q4 will contain the biggest
movie ever
Star Wars Episode 7 Will Be Best One Yet, According to Fan Survey
GameSpot? – 23 hours ago
and I believe NFLX will get it first. 2016 is gonna be a big year with that Disney deal they signed.
Lot of $FCX longs here, wow. If commodities have bottomed like Gartman claims, wouldn’t they rally hardest from here. I also like NOV and SU.
BA, FISV, FIT, GILD, GPRO, PANW
we’re not done yet more down side
No, we are in a BEAR market.
We could still rally to 2000, have a couple bad months, bounce….repeat.
We need a recession or unseen horror for a real bear.
VLO, TSO
$CRAK the dumbass etf created kiss of death.
if you want to talk kiss of death may i suggest BTU, ACI? should be in the PinKs any day now.
Just kidding. Ever heard of $KOL.
Whoever thinks this is a bear market is a moron.
Whoever thinks it couldn’t be a bear market is moron-ic
V for VISA, it goes where the Dow goes.
AGN – Allergan – big pharma will move before big oil
And I thought the quarter from hell was last quarter, and the one before that, …
Boring Ole WFC BLK CALM
GILD Aapl Laz nibble at CAT
LONG EWC
Buy the energy patch. Putin just killed some children in Syria. No fucking way that does not put a bid in crude soon.
was that movie any good? never ended up seeing it. not usually fond of the religious movies.
horrible movie
Ball Sachs. LMAO