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
23,430 Blog Posts

I Ride Alone — Time For You to Get Off Now

Both IQ and ZEN are slated to report earnings tonight. I don’t give a shit and have supreme confidence in ZEN to rig their earnings in a most repeatable way. They are, without question, one of the hottest companies in SAAS now. I see no reason why they should miss, unless of course they’re having personnel issues — which can easily be fixed.

Today’s market was okay. Truth be told, I expected a lot worse yesterday and a lot more this afternoon. I need to realign my expectations with reality.

Here’s why I’m somewhat optimistic about the market, especially tech, near term. This is our predictive oscillator in Exodus — the algorithms that I always talk about. Here they are in chart form for the tech sector and application software.

If you want your stocks graded, feel free to access our algos free from charge at FreeStockAlgos.com. Bear with me as I self-promote from time to time.

NOTE: Today is the final day of July, which means tomorrow the Exodus Quant undergoes a face lift. By the looks of it, the portfolio will be fully liquidated and replaced with a new market cap quintile. Start a 7 day free trial today and gain access to the picks tomorrow morning.

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5 comments

  1. it is showtime

    If you, still think, a 40 vix was caused by a flicker of inflation in weekly data, with 2 thousand-pt drops in the dow in the same week, at the start of feb, land yourself ceremoniously in the center of a volcano

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  2. dae42

    SQQQ and TZA. LOLILOLOL

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  3. sierra water

    Trump is going to blow us up with his TRADE BAZOOKA (FULL CAPS).

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    • 0 Deem this to be "Fake News"