iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

I See Your Market Decline

Yes, market down…but a hat tip to ANGI, YGE, BYD, MCP, and GLUU for lending a hand today.

After some consolidation and a pullback post Wednesday’s gains and we will be awash with good set-ups, yet again.

I booked gains in ANGI today as it hit my target, and have made no other moves as of yet. As with all my stocks that are trading down today, I view this as only temporary, and will happily sell them into strength in the coming weeks.

Also, AA, BAC, FSLR, UNXL and TZA are former blown up trades that will expire worthless today. Some of you have longer dated expirys on these. For that I congratulate you.

I’m heading off to the airport in my armored truck, catching a flight to Phoenix for the weekend. Before I go, here are my top picks for the upcoming week:

GNC,NTES,BBRY,CRUS,GRPN,ARUN,FIO,SQM,RDN

Have a great weekend,

OA

If you enjoy the content at iBankCoin, please follow us on Twitter

31 comments

  1. dan

    no Z?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. dvaughn

    HAGW (have a great weekend) CoachOA: u still ok with OCT calls on: VHC, PWRD, DECK, CLF, UNXL, FSLR ?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. dvaughn

    Thanks sire, i am bidding all 6 this afternoon on weakness….HAGW in the desert

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. dopke

    Took a late day YOLO trade on AMZN 315s. Nice triangle forming here.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. matt_bear

    thanks for a fun trading week. have a good weekend, OA.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. ben

    where can i sign up for OA?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. kapitalist

    Add more to YGE pullback?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. TheHarper

    Hey Jeff, can you post or send out a list of your long term stock positions? I can email you personally if you don’t want to share them publicly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • jbran

      If you scroll back through his posts, look for one titled “here is my book”

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. Breaking Bad

    Bbry halted pending news

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. matt_bear

    it’s amazing to watch a once giant just utterly fall to nothing.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. matanzas

    AMEX order imbalance ONVO.A 766300 shares on buy side

    OA, is that you buying more $ONVO ?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Option Addict

    Harper…I will post on Monday. Feel free to ask anytime…I want to be 100% transparent.

    Ben…sign up here for AHWOA….or tradingaddicts. Com for my advisory.

    Have a great weekend all…

    OA

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. StocksRider

    I do have longer date calls on FSLR. My patience is running thin. On the brighter side, the way this bitch keeps coilling up and zig zagging around this 40-45 range, I have a strong feeling it will explode like a Vesuvius Volcano in Nov/Dec time frame. Will buy more Jan calls.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Poundcake

    NFLX I got a nice entry on this Thursday afternoon. BO on vol.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. Option Addict

    My inbox is jammed with panic emails. lolz.

    How we doin’ out there?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Sean

    Life is good OA.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Option Addict

    Life is awesome.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. comella

    How was the weekend in Phoenix? big down day friday on the DOW, but our plays for the most part stayed in tact. 🙂 And the $RUT barely broke a sweat down, I thnk it was a good pull back, but didn’t break any lines negative that I saw.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Option Addict

    Weekend was nice. I like to speak at these investor conferences…always a good experience.

    As for the market…looks great.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. TheHarper

    CLF looking nice, glad to be in materials, Solar on the hand, not so much.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. matt_bear

    what’s your target for MCP? 8.40?

    • 0
    • 0
    • 0 Deem this to be "Fake News"