iBankCoin

Morning Poppers (Bottoming Out Edition)

Correction are healthy; it gets rid of excess investors.

We’re working through some overhead resistance and will soon find support.

I’ve been in this business for 1,000 years and this is what a bottom looks like.

Lots of cold hard cash on the sidelines.

The economy is supposed to grow at 20% this year. This is nothing more than an small pit stop en route towards Dow 50,000.

Bitcoin is the future and so is the Blockchain.

Tax cuts, new jobs, and innovation — all good reasons to own stocks.

We’ve gone too far. Soon there will be a buying frenzy and shorts will get their dicks chopped off as we springboard higher.

Make your lists of stocks you’ve always wanted to buy. Take a shot of whiskey. Now buy said list.

There, now you don’t have to watch CNBC today.

Here’s some MOAR news.

Chipotle Mexican Grill downgrade details — to Sell at Stifel; tgt lowered to $250…Investors still waiting for earnings with integrity
Zendesk upgraded to Equal-Weight from Underweight at Stephens
Michael Kors beats by $0.48, beats on revs; guides Q4 ~in-line
Snap upgraded to Buy from Neutral at BofA/Merrill
Apple initiated with a Neutral at Goldman; tgt $161
DPW Holdings reaffirms that it sees FY18 revs above consensus
Intercept Pharma downgraded to Sell from Neutral at Goldman
Charles Schwab downgraded to Sell from Neutral at Citigroup
Cleveland-Cliffs upgraded to Outperform from Underperform at Credit Suisse
Chipotle Mexican Grill downgraded to Neutral from Buy at Mizuho
Snap upgraded to Neutral from Underweight at JP Morgan

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6 comments

  1. mongoosereflexes

    Gun to the head what’s the number one stock you’ve wanted to get in and now can buy on this dip?

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  2. edge

    I agree. SP 500 going to 50,000 as interest rates come down. Buy, just buy
    Seriously, we have a good tailwind and I see us higher. Political risk is a big wildcard though.

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  3. edge

    BTW try cnbc and Bloomberg with volume on 0. Today I gleened a crypto buy signal, Goldman says they’re buying. Actually they said they’re going to zero but,…

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  4. indie

    VIX is down yet XIV is down. CS laughing.

    UVXY up. AGAIN!! Indie laughing.

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