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

It’s a Great Day

I normally don’t get too worked up holding stock positions into earnings. It’s part of investing and a great way to determine along the way if the metrics that you are investing in are on point, and are still in alignment with where you think prices will be in the future. For the first time in my career, I was literally terrified going into First Solar earnings. Not because of the hit or miss, but because no matter the outcome, there would be a shit storm of trash talk, questions, comments, and general unnecessary focus on my single largest equity holding, ever. I’m superstitious, and I hate that kind of attention.

It’s a good sign when that holding rallies on news of a massive miss.

In other news, despite how heavy the market action has been, you can’t argue this action is so tradeable in stocks. Keep thinking “market of stocks” and find the next set-up.

We’re going after biotech tonight, and I have my Top 10 ready for you.

OA

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22 comments

  1. Mary

    OA nailed the NFLX trade and the move in Gold. He is on fire.

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  2. bluestar

    What is your opinion on SLV? Its gold plus. Thanks for LULU calls.

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    • Option Addict

      Funny you ask, last night in AHWOA I told these guys to watch for a $25 pt Gold move that would start late at night. I had a buy stop trigger in GC at 93, closed at 1308 avg. Gold could attract buyers here short term.

      Long term I need to see my inlaws and neighbors taken out before I buy.

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      • bluestar

        Long term I agree. I see $700-$900. Gold bugs are wrong about DXY collapse in the next two years.

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        • Option Addict

          I had the same ultimate target. The holes in those charts from below are incredible. Easy panic windows for the future.

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        • MR GOLDEN

          do you mean 700-900 for gold blue ?
          i must say, you couldnt be more wrong

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  3. matt_bear

    don’t forget LULU. We are in the midst of an OA hot streak. recover your draw down and make that new all time high before the next rough patch. lol

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  4. ecchymosis

    Just wait til the Vivint questions start rolling in.

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  5. yoshii11

    sorry for my comments that added to any of the attention…didn’t have bad intentions. onward/forward to other trades

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  6. matt_bear

    my boss is a ridiculous Solar City Bull. I told him about Vivint, but he believes the real value that Solar City holds is the storage via battery production with the Gigafactory.

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    • Option Addict

      Yes, but what took SCTY 8 years in growth, Vivint has gotten to that same size in under 2 yrs. This company is no joke.

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  7. Jon V

    Love (and am long) PCYC and PCRX

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  8. lol

    OA in the house!

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  9. Trent

    Somebody make TWTR go up by Friday. Took some YOLO weekly calls.

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  10. bear54

    OA
    Does LB look good, or is it too slow ?

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  11. max_rene

    Talking about solar..Sune has earnings this week and shorts of around 26% (finfiz).

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  12. chiefton15

    buy YGE August 3.50

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  13. Firmativ Reviews

    magnificent points altogether, you just won a new reader.
    What might you suggest in regards to your put up
    that you made a few days ago? Any certain?

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