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

ROTATION

Stocks are taking on a more defensive tone today. At the moment, I am not stalking any new risk.

I will be lightening up a few positions into strength. For right now, speed of the market is critical. If the Dow +/- 40 point days are in play, don’t sell into weakness…wait for strength.

OA

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65 comments

  1. kapitalist

    I’m completely out of ideas today.

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  2. rajusus

    Watching FSLR at these levels .

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  3. kschep

    missed Z, was eyeing it when it was relatively strong today, and then it took off

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  4. janri7

    refiners to outperform from now till early next year

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  5. kschep

    I’m in LLY, remains to be seen if it breaks above 50ma

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  6. danny1980

    Can anyone tell me when BALT’s earning’s are? Yahoo has the 28th Schwab has the 30th R.C. is saying today Stockpro says the 30th…this is retarded

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  7. Jules

    I believe it reads earnings “are expected the week of the 28th” Nasdaq says 30th.

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  8. danny1980

    Thanks guys its the 28th

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  9. lanforce

    This from E-Trade and PR Newswire.

    Q3 earnings are expected to be announced after market hours on 10/28/13Estimates: -0.070 | -0.120 | -0.170 (High | Mean | Low)

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  10. bood

    lol , good picture !

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  11. k

    YGE looks like a possible dip buying opportunity? It’s back to the 50 DMA.

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  12. Darwin

    Bot puts FDX 131 weeklies YOLO

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  13. Jules

    Did anyone jump on PEP calls? the volume on the Dec 90’s is 12,000 on 15 OI.

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  14. StocksRider

    Bought ISRG Nov calls this morning. Doing well in this tape. Also holding on to GRPN, LNKD, P puts from last week. OA, any thoughts on any of these picks?

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  15. janri7

    any thoughts on $JBLU and the volume profile? multi year breakout with earnings coming out tmr morning. in small with the nov 8c’s

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    • janri7

      looks like there’s a gap to high 8s to low 9s going back to 2007…

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  16. rajusus

    Any body dare to keep AAPL calls through earnings ?

    holding small portion

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    • rastaman

      I’m holding….is there any way the stock doesn’t drop…It always does when I hold. LOL

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  17. bood

    it feels like market has developed diabetes

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  18. kdog

    I feel like we have to get past October.

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  19. matt_bear

    today is boring as shit.

    haven’t even logged into my account, i know too much of my stuff is down and i don’t want to sell.

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  20. kschep

    guess we’ll see if AAPL is a market mover tomorrow…in the meantime, GOGO has taken off…finally in the green for me after my early entry

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  21. danny1980

    YOLO BALT and HLF into earnings! FML if they miss

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  22. UncleBuccs

    Grindage… hanging in there…

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  23. denizen

    Can’t help but think things grind here for a while then rocket higher OR . . . markets roll over and we continue playing more defensive names.

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  24. StocksRider

    OA, would really appreciate if you can answer this. I had DECK calls from preearnings and I sold most of it on the earnings pop couple of days ago. Held on to some. Today carved out an almost inside day after the first day’s pop. Looking at the charts would you agree that it may still go up?

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  25. gatorsun

    theres a gap down coming,,,you can feel the dazed and confused vibe from all here….NQ scared the shit out of everyone

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    • mr.partridge

      I see dead people too… it’ll pass 🙂

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    • StocksRider

      The path of max pain would seem like grind and gap down this week but straight back up in a couple of days trapping lot of shorts and then for a bigger downfall after Nov 1st week.

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  26. StocksRider

    OA, I heard in your AHWOA recording that you endorse betting against Z. Can you please clarify your reasoning. It seemed like displaying one of your classic patterns when you like a stock – low volume, consolidating against a good support line for days. What am I missing? Is it the volume pocket below that made you go against the stock? Would appreciate your explanation.

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  27. twigboy2000

    Anyone else in the CLSN trade? Craziness.

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    • gatorsun

      damn dude,,,its a split,,,do you not research ?

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      • twigboy2000

        Yeah yeah, I get that. It’s a very small play that i’ve had on for a while. OA discussed it a while back.

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  28. boilmeimirish

    Damn, couldn’t get a fill in FIVE! Watched the weekly go from .85 to 160 in less than 5 minutes.

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  29. lanforce

    OA – Target for APOL ? I’m in Friday options.

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  30. gatorsun

    have to pass on anything new here..im in the hole too much with whats out there now

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  31. lanforce

    Z shorts look like a good hedge.

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  32. cheesetrader

    crap – missed selling GS – 162.95 was an area of interest I wanted to sell into and overpriced a sale of half my weekly 165s – d’oh

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  33. rajusus

    CLF train is leaving the station

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  34. gatorsun

    MO KO flying(own both )

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