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

MY, WHAT A NICE GAP

It’s easier to keep a market pegged during regular trading hours to keep folks engaged. If you want to cause action, you ramp it overnight to get a reaction at the open.

So far this isn’t enough to trigger stops, just enough to piss you off and trigger some pain.

On the day, USD/JPY can’t trade much lower than where it’s trading now, and $IBB will follow through on yesterday’s analysis.

Look for dips to buy. I like $DATA, $PYPL, $FIT and $TSLA

OA

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46 comments

  1. bood

    morning bro ..congrats on last week forecasts.. it seems we’ve gone nicely far from last lows.

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  2. Joe

    i’m screaming booyah at the top of my lungs today.,….there’s a top coming to a market near you because of that

    be careful

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  3. thomasjefferson

    Tried a tentative $TSLA weekly here. Letting the fear control my “buy” finger.

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  4. djmarcus

    JPY bothering me.

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  5. Bchu

    Come on IBB. You are going the wrong way

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    • Noni Kavuri

      It’s going through Discouragement, perfectly following the sentiment chart. Relax.

      I’m actually in $LABU, but I’m using $IBB as an indicator for it.

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      • ottoziggy

        same here, sold my position in ARWR for LABU, tired of waiting for this small cap bio to pop

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  6. mk

    TSLA stopped me out nasty this am, may look to buy closer to the money

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  7. granpa

    Out of 2 day SHLD +4.18%, out of the smaller portion of HCLP 1 day hold +8.83%. Good week so far.

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    • Pliny The Younger
      Pliny The Younger

      Nice job Granpa! I hit HLCP with you but will hold. This is just the beginning.

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      • granpa

        The other account has five times as much of HCLP, I am also waiting for high numbers before exit.
        Nothing else today (yet), I will post next pick, long or short, call or put.
        Thanks

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    • Pliny The Younger
      Pliny The Younger

      Looking at anything else here? Just bought some more EXEL

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  8. badduck

    Bought some YELP here.

    Sold SINA I picked up @ 39.

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  9. Joe

    PSTG trades BELOW IPO price

    BOOYAH!!!

    there’s always a bull market somewhere

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  10. traderconfessions
    traderconfessions

    I just don’t understand the enthusiasm for FIT, especially today as it breaks support and its trend line. Feel the same way about TSLA though now is the time to buy it technically. Musk says one crazy thing and the stock can crater. How does one peg risk/reward on that stock?

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  11. traderconfessions
    traderconfessions

    On your watch list..

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    • Option Addict

      So typing that ticker is considered enthusiastic?

      I did type in all caps…so there’s that.

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      • traderconfessions
        traderconfessions

        You are recommending it.. correct? Maybe enthusiasm was too strong. I’ll retract that and substitute recommending.

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        • Option Addict

          I took a trade. I like the set-up.

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          • kidstock

            The only enthusiasm with FIT on this thread is me being a jackass and once again not waiting for OA to give the “all clear” signal to buy. Once I get Uncle Sam paid next week I will be signing up for AOWOA…

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  12. lplongo

    1 PYPL Nov 35 @ .85

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  13. spoll

    Trying some MBLY here @ 48.76

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  14. bood

    another round of liquidation

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  15. fryguy

    GPRO – dusted!

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  16. mk

    SPX puts on 50 ma test and up 7 days blah blah

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  17. bood

    sold nugt i hope gold pulls but it doesn’t seem the current bias

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    • Joe

      nice trade..I blew out my POT position

      china..buy the rumor, sell the news

      guys with balls of steel will short the close today for the china bullshit no rally/no stimulus crashette

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  18. ydauction

    Jeff, any positive in today’s quick wash? IBB is better

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