The New Official iBC Theme Movie?
________________________________________________________
No, this is no well-deserved reference to the Red Sawx or the Twinkies, or even the misbegotten Mets.
It’s what I’ll be doing to pass the time until Christmas. I’ll be staring at goats, shepherds and large carafes of homemade plum wine.
Because I’m looking at the Jacksonian Core Portfolio here — up 44.7% since May 1st and going higher — and I’m saying… why would I want to screw up a good thing, ovah heah, fretting about short term nary and sally?
I just got back from checking out all their daily charts, and… you know what? They’re all overbought almost to a man.
Normally, I’d be all “where’s my exit” on stuff like that, but… you know what? See above.
Goats, shepherds… plum wine til Christmas. Abide.
______________
[For those of you who were asking in the last thread about “WTF are these Jacksons?” I have listed them and their various monthly and “since May 1st” returns, including possible pullback entry points. BTW — Don’t even think of following me into these positions, as your extremities will undoubtedly blacken, and soon fall off at some embarrassing time.]| Name/ | % | Portfolio | Portfolio | |||||
| Ticker | 2-Oct | 9-Oct | Change | Value | Impact | Comments | ||
| ANDE | $ 33.76 | $ 35.86 | 6.22% | $ 10,827 | 0.40% | Next stop $39- | ||
| EGO | 10.60 | 12.02 | 13.40% | $ 11,263 | 0.90% | Broke $11.70, good rebuy on a dip. | ||
| GDX | 42.76 | 48.29 | 12.93% | $ 14,616 | 1.13% | $45.38 is 20 day for pullback possibility. | ||
| GLD | 98.37 | 102.84 | 4.54% | $ 11,827 | 0.32% | Pullback to $102? | ||
| IAG | 13.25 | 14.61 | 10.26% | $ 18,015 | 1.11% | Already taking off again here… | ||
| MON | 74.67 | 75.77 | 1.47% | $ 12,021 | 0.11% | Bounced off 50% fib retrace @ $73.50 | ||
| PAAS | 21.54 | 25.82 | 19.87% | $ 15,508 | 1.85% | Broken out, look for touch @$25-ish | ||
| RGLD | 43.29 | 48.48 | 11.99% | $ 13,396 | 0.96% | Hit $48.65 target, forming handle here…. | ||
| SLV | 15.82 | 17.44 | 10.24% | $ 14,167 | 0.87% | Overbot slightly. $16.46 is 20 day. | ||
| SLW | 12.07 | 13.86 | 14.83% | $ 13,463 | 1.20% | Pullback to $13.25? | ||
| SSRI | 19.55 | 22.44 | 14.78% | $ 13,054 | 1.16% | $21.50 pull back before takeoff? | ||
| TBT | 43.40 | 46.00 | 5.99% | $ 9,163 | 0.33% | Near target @ 38.2% fib =$47.20 | ||
| TC | 11.37 | 12.80 | 12.58% | $ 10,536 | 0.79% | Pullback to $12.30 for purchase | ||
| TCK | 26.26 | 31.36 | 19.42% | $ 30,259 | 3.52% | Officially BTFO. Target $40- | ||
| Cash (000) | $ 0.00 | $ 12.64 | 0.01% | $ 12,644 | 0.00% | Same | ||
| AVG (weekly) | 9.33% | $ 210,759 | 14.66% | |||||
| AVG (monthly) | 5.67% | Actual cash | ||||||
| AVG (inception) | 44.65% | on cash return | 40.51% | |||||
_____________________
UPDATE: In case you need the Jackson’s “daily look” — like we’ve got with the Pat Boone Page, I’ve listed them here:
The Andersons, Inc. [[ANDE]]
Eldorado Gold Corporation (USA) [[EGO]]
[[GDX]]
[[GLD]]
IAMGOLD Corporation (USA) [[IAG]]
Monsanto Company [[MON]]
[[PAAS]]
Royal Gold, Inc. [[RGLD]]
[[SLV]]
Silver Wheaton Corp. (USA) [[SLW]]
Silver Standard Resources Inc. (USA) [[SSRI]]
[[TBT]]
Thompson Creek Metals Company, Inc. [[TC]]
Teck Cominco Limited (USA) [[TCK]]
And don’t forget about “honorary Jackson” Allied Nevada Gold Corp. [[ANV]] , which I consider “one of the crew.”
_______________
If you enjoy the content at iBankCoin, please follow us on Twitter
Just in case you were wondering… that 14.66% you see to the right of the chart above? That’s the weighted return for this past week alone
That’s why I’m not touching any of this sheet, here.
Yeah, they’ll be pullbacks, but this train is pulling out.
_______________
great run (running) Jake, absolutely on fire.
Looks like you been eat’in your Wheaties ovah here Jake. Nice work !!
Jake no longer consumes plebian dishes such as ‘wheaties’, Mr. Coffee. Breakfast for him and his consists of Foie Gras and Fricasse’d Lapin, served on a sterling silver platter with a gilded portrait of himself, that, when he looks directly into the image, his reflection is accentuated by its aurum coating. His italian espresso is prepared and served by his very own italian, who also keeps his Bocce court in perfect, stunning condtion. His fruit juice is freshly squeezed by several buxom lasses of impeccable measurements, who Mrs. Jake eyes warningly (though needlessly, I am sure). After this fine repast, he retires to his solid gold commode for his morning constitutional; there we shall leave him in peace…
and it looks to continue: http://www.bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o
Hey Cuervos, I know this might be an oversimplification, but if all these ‘export economies’ are feeling the pinch of a weaker USD, wouldn’t it be wiser for their respective gov’ts to look to their own currency, now growing in strength, to promote and encourage more in the way of domestic demand? Or, alternately, start searching for buyers in other markets who also have a currency on the rise? I mean, rather than flog the dead horse of the unfortunate US consumer by trying to entice the poor, lame creature into even more debt… This, as some say, would have the added benefit for the US by coercing them back into a more production, rather than consumption, based economy. Though how they will be able to afford the raw material for such manufacturing is still a matter open to question.
XeeeRA (XRA), Queen of the Jungle, is running around crazily, dressed only in a leopard skin bikini and some beach shell jewelry.
(This alert was shot out to the PPT on Friday…. you’d already be up 7%+ had you heeded it then).
_________
Just bot some ANV calls on the dip here… 40 December 7.50’s at $3.60.
________
Disclaimer: I’m just kidding around here,seriously.