iBankCoin

Off to Eat a Sandwich Filled with Meats

Markets are Yellen-Soft early going. That’s what happens when the day prior it rampages higher by 650 you fucking brainlets. Do yourselves a favor and walk away from the desk. I can sense you’re about to make a slew of errors. Speaking of which, one of my positions, PUMP, dove lower after posting earnings. Since I have no interest in being attached to the name, I sold it for a loss today.

My approach is somewhat long-tailed here. I understand we can pull in a few hundred from present levels and I also know there might be some shortable trades. But all of that is a waste of time, when I know for a fact equities will be higher one week from today. Ergo, and this goes without saying, I will increase my positions should the opportunity arise. I am looking for exposure into oil, and can only hope for a bastard drop in prices before I get in.

Truth be told, this is a rareified market and there’s nothing holding it back from ripping higher again. Get your macro exposure first, via ETFs, and then figure out the individual stock ideas.

Top picks: SOXL, SPY

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6 comments

  1. ferd

    Consider KEYW. They recently reported promising prospects and are in the business of providing government with tools to make their warmongering conclusions look like they were arrived at by crunching copious amounts of intel. Nice shiny war presentations is big business in DC. I’m long.

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    • sarcrilege

      Stuff like that makes John Bolton orgazmic

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    • numbersgame

      In that line of business, how’d they lose money 2 out of the last 3 year? Sounds like a lot of Excutive Jetsam. Either that, or they can’t compete against the bigger consulting frims.

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  2. numbersgame

    Just tripledmy FB long, assuming it fills the gap from 7/11/2017 and then rockets up

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    • sarcrilege

      So you’re the character that keeps FB in business! There should be “no bid” for a pos marxist filth social media garbage company with a lying deceiving slithering poisonous rattle (((snake))) CEO like Fuckerberg.

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      • numbersgame

        Using FB and buying it for a trade are 2 different things.

        It’s 20% of it’s highs. I’m just the sucker catching falling knives.

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