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

MARKET OF STOCKS

It’s early, but my watchlist is green. $WB, $GOGO, $PYPL, $WING, $DATA, $TWTR.

Interesting.

The stocks I bought yesterday haven’t breached yesterdays lows.

$GS is holding the August 24 low, despite banks being beaten today.

FANG stocks are all above yesterdays lows, as is $IBB.

The USD/JPY needs to recover 119.50, and the $TICK needs an extreme upside reading today if the market tries to advance. Despite the selling, there have been no extreme downside $TICK readings today.

This move seems market only, which I mentioned would happen.

Game on.

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46 comments

  1. ebtda

    nasdaq green by 4pm

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  2. will

    thanks for LABU

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  3. Joe

    SHAK is doing fine too

    my ONLY investment

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  4. heckler

    I like DATA – good presence here in town. I’m gonna add it to my Seattle Basket along with JUNO and take a position here soon

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    • Joe

      DATA gets bought before CRM does imho

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    • Jon V

      I have zero confidence right now in those types of stocks. If it isn’t oozing cash flow or EPS its dead to me.

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  5. JZ

    This is interesting.

    https://twitter.com/ScottMinerd/status/649952079331622912

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  6. suntrader

    thanks for the reassurances OA..you the man..market was crazy this morning.. couldn’t of held on to a nice $juno trade without you

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  7. thomasjefferson

    I am looking at $MTU and $NMR hard here. But then I look and think… Let’s just go buy some $BAC.

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  8. thomasjefferson

    Do you think the $FCX idea is getting crowded OA? I’m hearing about it so much I’m getting queasy about initating on the next dip, which was my plan.

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    • Option Addict

      I think it will base for 4 more months, similar to 08 bottom. Hoping it holds up during the next Gold flush

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      • Bchu

        When did the flush occur in the 98 analogue? At end of year?

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        • Option Addict

          The fuck?

          Dude, I have posted those charts to death. I’m pretty much convinced you don’t read or listen to a word I say, until I repeat it to you personally.

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          • heckler

            Bchu’s my favorite for comic relief

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          • gauts

            +1 on heckler’s comment. This bchu dude has a way of getting under the skin

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          • heckler

            they just play off each other so well 😉

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          • thomasjefferson

            Your patience in answering every one of Chub’s questions when 89% of them are blatantly, “I specifically didn’t read your post above, here’s a question that proves it.”, continues to amaze.

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          • bchu

            haha. your minions are hilariuos

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          • Option Addict

            It is annoying as fuck. Take a moment to read and most of your questions are already answered.

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  9. Bchu

    Bio bio bio!!!

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  10. sia

    wow FOLD stock, opened -50%, if you bought that open could have made +50%

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  11. aaegoavil

    Getting into NFLX weekly, lets see these suckers bounce back

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  12. Formergeek

    Jeff I’ve been thinking about your new handle/avatar. Option Addict is too limited, your talents have gone way beyond that. Your more like the market whisperer but that just doesn’t sound macho enough lol. Your grasp of the psychology involved is amazing imho.

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  13. og

    Some sick calls sir.

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  14. lplongo

    Quick scan, waht caught my eye: CMCM IMAX on aversion, slim maybe on TRIP, TSL to watch for b/o.

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  15. zephler

    You still like $DATA eh? The chart looks brutal….hrmmm…

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  16. kevin

    BABA bottomed ? I think. Holding long term. OA, what do you think?

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  17. suntrader

    thinking about $GS….$GS lead the way.

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  18. Jon V

    I’m up about 1% today but am pretty pissed I sold WYNN and BIDU 2 days ago. Chickened out and now watching them sprint the fuck higher

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  19. Jon V

    Boy it sure seems like the whole EEM trade is set up to rip tits higher. It’s all over the media about how people are fleeing EMs

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  20. zephler

    what do you think of $ISRG’s chart?

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    • Option Addict

      Does the GDX cyclist concur?

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      • hawaiifive0

        Maybe. We’re on day 15 of the second daily which is 24-28 days, and there are 3 to 4 cycle in and intermediate cycle. The time to look would be the beginning of the next intermediate cycle maybe a month or two away. But that may concur with what Brandt is saying.

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  21. gudenaev

    I am concerned that if AHWOA has a poll today it is going to be immediately actionable.

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    • Option Addict

      That’s the reason I stopped polling. If you were average Joe and giving a market opinion here, wouldn’t the result be drastically different?

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      • gudenaev

        Ya, If it weren’t from your analogue I would have been whipsawed like 10 times.

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        • gudenaev

          The man behind the curtain, breaking the range to rip the range in UDSJPY

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  22. fryguy15

    There’s your initiative buyer. Dude… I’m gunna start calling you Nostradamus!

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  23. traderconfessions
    traderconfessions

    Don’t celebrate too soon. The market has taught that again and again. Fingers crossed but open-eyed.

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