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
23,429 Blog Posts

A Fine Day, But SEMIS WERE WEAK AF

All of my purchases, which included GWRE, NUGT, NTNX, SHOP, NIO, and NEWR traded well into the bell. I am most enthused about NTNX and my bias is to be wholly long soon, with vigor. As long as WTI and HYG keep going higher, I am bullish.

If we continue higher tomorrow, I’ll sell out of FAZ and TZA. My sole trepidation is weakness in the SMH, perhaps a foreshadowing of weakness to come — perhaps from the cucks at NVDA.

Let me now stress to you the importance of deploying a quantitative stratagem for long term capital appreciation.

Heading into 2019, I was overtly bearish. But I had a programme to stick to that didn’t care about my feelings. Because emotions were left out of the equation, I now preside over you with a portfolio that is 100% directed towards value, and higher by 3.1% for the year. This represents 75% of my money, so the gains are meaningful and a fine way to start off the year.

Granted, had I been in a growth only portfolio, my gains would’ve been greater. But the system took precautions, take into consideration the market as it was analyzed before the new year. If these gains continue, for the month of February, the portfolio will swap out of half of its value positions for growth, aimed at alpha.

Fastest way to getting flushed out of this market is to become a slave to your emotions. For the love of God, take a portion of your money and deploy it quantitatively. You’ll thank me in the future.

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5 comments

  1. it is showtime

    See why it’s stupid to expect resistance predictions. On multiday forcing.
    2500, 2550, 26, They can push until uptrends are restored and then the nail
    Brute dropoff pushing. Phoniest nasdaq possible. Some vix. Fiercely detectable bs
    It’s a dual capitulation agenda. Get the short-punks. Get – happy buying – forthcoming

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    • joshua

      You’ve got the entire thing figured out. What are you worth, $5 billion minimum?

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  2. fxtradepro

    I’ve 0 feel for this tape, but see a very high probability of making new lows (retesting them at a minimum) sometime into February. We’ve entered the wall of worry stage and more squeeze is likely bc of it. But the real question is, how much gas is left in this recent rally. I suspect 1-2% more, but who the fuck knows. Maybe the vix really trades to 0 this time, lol. How’s that Take for somebody who’s managed money professionally for 17yrs. By the way, Barrons round table this weekend offered up some good nuggets of wisdom. All of you 20 something brokers/advisors should do your clients a favor and read something of substance once in a while (that was honestly not a jab at you fly, nothing but respect ?)

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    • edge

      The PPT and their gazilionaire friends (same people) ran this market up and they have the firepower to keep it up. They seemed pretty determined a few weeks ago.
      Hard to have a feel for a manipulated tape.

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    • ericbakerbruce

      Barron’s is crap since Abelson’s passing.

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