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Daily Archives: November 13, 2018

CAPSTONE PROGRAMME FAQs

What is the Capstone Programme designed to do?

It’s a rigorous and personalized service, conducted thru screen share technology, to coach, mentor, and educate members on a wide variety of financial topics. Focused mostly around structuring portfolios and trading for short term profits, Capstone endeavors to drill into members core competencies to help them become better investors.

Who is “The Fly” and will anyone else be involved with the educational aspects of the service?

“The Fly” is the founder of iBankCoin and popular market intelligence platform Exodus. He was a professional financial adviser for 18 years and is an avid collector of tears from his enemies. Much could be said about him, but first and foremost, he is the voice of a generation for finance and is read and enjoyed by only the very smartest and best people, believe me. Members of the Distinguished tier of Capstone will have access to “The Fly’s” rolodex, including iBankCoin staff and those loyal to their standard.

What topics will be covered?

This of course is a moving target, depending on customer requests. But this is what we have so far.

Identifying trends
Intra-day moves
Follow through
When to sell/buy
Averaging down vs up
Contrarian bets
Structuring portfolios, long/short term
Setting goals
Conference calls
What to look for in earnings reports
Calling up IR
Charts, price memory, algos
Value investing/value traps
Multiple expansion vs contraction
Economic cycle
Bonds/equities — when to buy
Dividend stocks
Quantitative models
Rotation
Cash is a position
Playing earnings/earnings misses
Catalyst driven trades
Executing trades/ limits vs market orders — pre-makret, after hours
Defensive stocks
ETFs
China
Retail landscape
Mega Caps/FAANG
GARP
Options/Futures
Technical vs fundamental analysis
Fads/Euphoria
Dystopian landscape
Managing moods/healthy habits
Shorting stocks
SHARPE
Retirement accounts
Analyst upgrades/downgrades
Trading around economic news
The Fed
Inflation/deflation
Day trading/swing trading
Hot sectors and why
Market breadth and why it matters
Online resources — information

Can I split the time purchased across various days?

Dependent upon schedule availability, yes. We have two tiers of the service, 1 and 3 hours per month. Theoretically, you can spend those hours in one sitting or throughout the month.

What if I only want one or two sessions?

You can cancel at any time. It’s worth noting, however, that due to time constraints and demand, subscriptions will be allocated on a first come, first serve basis.

Can I “save time” for future use?

Members buy time and can allocate said time based on scheduling at iBankCoin and their discretion. If a member doesn’t feel the need to use their time during a given month, but doesn’t want to lose their place in the service, they can of course schedule saved time for future use.

What if I want to schedule a call, but do not have access to a computer?

We can do telephone too.

Can I get investment advice on my portfolio?

No. This is not designed to be investment advice. The Capstone Programme endeavors to teach members to learn how to invest on their own, without the assistance of financial advisors. We will consider our work a success when you cancel because you’re 100% confident to take on the market without trepidation.

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Buying MOAR Into the Maelstrom

There are zero reasons to buy. Looking at WTI -8% and all of the news, I am shaken to my core — literally shaken. However, I have large balls and truly do not care about losing all of my money. If I was poor and destitute, I’d still be miserable, so what’s the difference?

I bought some ROKU now — because the MUH chart and because I want some exposure to beaten down tech. All of these charts look the same. The mean reversion trade has died. I should know, being the owner of a system that has mean reversion tools. HOWEVER, we’re smart people, very wise, and filled with innovation. There is a hunger in us to create ways and systems to profit from this action. I will see to it that I win, one way or another. For now, the dollar is a hugely important to the sentiment of the market. This is why I’m still long TMF.

Hopium is a strong drug, an aphrodisiac even. Let’s see how we close and god willing tomorrow will bring greater fortunes. We are watching NVDA very closely and I’ll be monitoring the parade of data coming out of China soon. EM is important, but the stability in FX and commodity markets might be the tail that is wagging the dog.

Nevertheless, barreling into Turkey Day, I remain stoically optimistic for a bounce.

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OIL COLLAPSES LIKE CHEAP LAWN CHAIR

This shit is drifting in the wind now. WTI is off by a staggering 6% now.

One or two things come to mind with crude.

Price action is rigged. Some sort of deal with Trump and Saudi Arabia was reached due to Wapo journalist killing. But that might be a stretch.

Or, China is slowing much faster than we previously expected. There is no third option. Choose.

Interestingly, crude stocks are only down by 1-3%, as if this collapse isn’t happening now.

 

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Kudlow Rebuts Navarro’s Strong Rhetoric Against Wall Street and China

How did I miss this? Peter Navarro, director of trade and industrial policy, went fucking apeshit the other day over Wall Street’s meddling into Chinese trade relations, calling them ‘unregistered foreign agents.’

He went on about their interference and how it doesn’t serve the interests of the country. He even blamed Goldman Sachs and the globalists for the opioid crisis — saying because jobs were shipped overseas — people became fucking junkies.

No wonder why stocks have been getting hit.

Kudlow just offered a rebuttal to those comments, saying “He was not speaking for the president, nor was he speaking for the administration. “His remarks were way off base. They were not authorized by anybody. I actually think he did the president a great disservice.”

If the President is half as passionate and serious as Navarro, we might be in for an extended period of negotiations with China.

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When in Doubt — GO TO CASH

This is a tough, tough tape — not for beginners. If I was all in on my trading account, I’d be having a meltdown right now. Instead, I am long SOXL and semis are doing just fine.

Go figure.

But the point remains. Buying into a tape with such poor technicals is very risky. You’re better off waiting for higher prices and when the technicals are better, than catching knives and trying to time the bottom.

That being said, there are two things to look for that can move markets.

1. China trade deal.
2. The Fed slowing down on ruining the economy via rate hikes.

At the moment, I am bullish for today’s tape — because of the semis. I am very curious about natural gas prices and find the overall market to be difficult and disgusting. Hence, I have 70% of my trading account in cash.

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Fertilizer, Natural Gas Stocks Are in Bull Mode

I am a novice farmer, a pseudo intellectual when it comes to things pertaining to the land, so correct me if I’m wrong on any of these items — FarmerFAGS.

Shares of MOS are higher by 23% the past mo and the whole sector is doing well, alongside natural gas. Gas prices in Europe are at new highs and our prices are the highest since 2014. All of this is happening whilst the market gets crushed, so the coverage of these two items have gone mostly unnoticed.

Apparently, natural gas is used in the production of ammonia. It is used as a source of hydrogen. I don’t know if this is a chicken vs egg deal. All I know is prices are going higher and the earnings at MOS were good and getting better.

The share price is on a tear too.

Spot prices for fertilizers, through the roof.

Here are some random notes I picked up while doing some digging.

Urea prices are higher due to increased Indian demand and also because of Iranian sanctions. Indian is no longer accepting supply from Iran — a major supplier of urea.

Production costs in Europe, due to high gas prices and limited Chinese exports have decreased supply.

This is an industry that seems to be insulated from the market environs. Now you know.

Stocks that I’m interested in now are MOS, IPI, UAN, NTR, SWN and NGS.

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MNUCHIN EMERGES TO RESUME CHINA TRADE TALKS — FUTURES SURGE

You can always expect this sort of news to happen when markets get bad. This is a very important news item so pay attention.

Treasury Secretary Steven Mnuchin and Vice Premier Liu He have reportedly resumed discussions about a possible deal that would ease trade tensions.

Mnuchin and He spoke via phone on Friday, The Wall Street Journal reported.

The US is demanding that China put forth an offer before negotiations on a trade deal can begin, while China would like discussion to begin before making a formal proposal.

Trump is an ego-maniac. He will not permit his big beautiful stock market to be sullied. He will ensure a trade deal is worked out with China. That being said, we need to see if this actually moves the needle. At some point, there will be diminishing returns on US-China trade talks and we might even trade lower on the news. We cannot truly go into a bear market without a China trade deal done and the Fed removing themselves from this storyline. Now if we go lower in spite of those two things happening, then we have a problem.

Nasdaq futs are +40.

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