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

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OA

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27 comments

  1. Tom

    TWTR GILD went good. Now waiting FB tomorrow. Anyone holding?

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  2. Tom

    Uhg….. I said too early. TWTR is screwed by own. What a troublesome company.

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  3. Quality Control Inferno
    Quality Control Inferno

    What if I told you the Fed would raise by 0.125 tomorrow? I think last week’s leak was a trial balloon. I think they realize they are running out of time and may start the process tomorrow, way ahead of expectation. I think they know that the economic situation is going to be so bad in September globally that any rate hikes for the foreseeable future would be off the table.

    And stocks would probably rally off the news as its viewed as a huge positive that the Fed is so confident in this economy that they’re raising earlier than expected when in reality they would just be raising to get out in front of some upcoming economic hardships in Sept/Oct.

    So 1/2 a hike in July, full hike in August, stock market correction in Sept/Oct and QE4 early next year.

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    • Quality Control Inferno
      Quality Control Inferno

      ZIRP forever. QE4 coming.

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      • Jon v

        Your flip flopping is making me question your mental stability 🙂

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        • Quality Control Inferno
          Quality Control Inferno

          I didn’t flip flop. My prediction, which was low probability, didn’t pan out. This was their last chance to hike. Data will never be any “better.” Thus, ZIRP forever, QE4 coming.

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  4. Bchu

    If they hike tomorrow, this market is tanking

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  5. inception

    Quality Control Rejected

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  6. Thomas Jefferson
    Thomas Jefferson

    I keep staring at $HCN, haven’t quite pulled the trigger. Looks to be forming nice inverse head and shoulders on the daily and the weekly looks pretty good too. The fundamentals look good compared to peers. If you are looking for lower risk into the summer doldrums, could be a place to hide but stay a little bit exposed.

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  7. Thomas Jefferson
    Thomas Jefferson

    I remember these same $TWTR conversations about $FB back in 2013 (when it was trading in the high $20’s and low $30’s). Young people weren’t joining, trendy Europeans thought it was passe, etc. etc. etc. I suspect this too will pass if you’ve got a reasonable time frame. I have a modest long term position from $37, and will look to add once things settle after this earnings report.

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  8. snaketron

    when are you gonna recommend to buy Chinese burrito calls when vol’s at all-time highs again? jw

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    • Option Addict

      I tried one small position, fuck face.

      I did this with three months of gains too since I went all in on these back in March.

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      • bchu12

        could be some room to run on these burritos if china stabilizes

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      • Thomas Jefferson
        Thomas Jefferson

        it’s tough to be sure of the etymology of ‘fuck face’, but I have to assume snake’s avatar has to play at least a small role.

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  9. bchu12

    OA – You see a good shorting opportunity setting up in Gold?

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  10. Jon V

    YRCW having a great day. Still cheap but I’d rather have had this move after earnings and not on the back of a analyst report.

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  11. Jon V

    I bought back into FCAU heading into earnings tomorrow. I still think this gets to $20 by the Ferrari IPO which has been pushed back to the end of the year. If it drops in the morning I’ll be looking to add.

    MMYT earnings tomorrow morning as well.

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  12. Jon V

    AAPL definitely underperforming today. I’m still thinking that a long versus a close below $121 is a good risk/reward setup, but I’m having some doubts.

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  13. inception

    Long MDLZ

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  14. vandamme

    Oa you like scty calls here?

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