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

ALL WEDGED UP FOR NFP

2016-05-05_14-00-02

Have a good evening. Stay frosty tomorrow.

OA

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29 comments

  1. bchu

    adios FEYE!! that makes it 9 out of last 11 earnings that its tanked

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    • Option Addict

      Yay!

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    • bchu

      followed suit by CYBR…been ugly for growth stocks

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    • badduck

      Fuck this stock. Added to the dnt list joining Shitter and GPRO.

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      • bchu

        don’t get why it was such a favorite. it’s done nothing but fall

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        • Trent J

          You guys realize you also have the option of buying puts on these sack of shit stocks too right? Maybe give that a try?

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    • greenlander1

      That was a tease. Watched my calls dribble down til I dumped them after it fell outside of the consolidation zone.

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  2. Will

    What is NFP .not for profit ?

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  3. greenlander1

    CPC ratio closed at 1.18 today. Last 9 times with a single day reading above 1.10 it hasn’t resulted in a down day in equities the next day. 2 of the days were flat. Last time this triggered was Apr 30 and SPY went up 1% the next day. More tailwinds.

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  4. ahadbi

    hey OA any update on the growth vs value story you were talking about last year ? Im genuinely interested.

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  5. paradox

    Something that may be worth watching – the IWM, nearly to the penny, close at a gap fill for the 4/13 gap…

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    • paradox

      (btw, no position, and I don’t like the milquetoast price action of any direction right now for my personal trading strategies – but, I like watch gaps and fills for clues in any case)

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    • Option Addict

      Is that the gap you referenced earlier in the week? Someone also said it was a failed auction today.

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      • paradox

        Yes, but I think it might have been under a different username (when I’m signed in, it’s ‘paradox’ and sometimes I get logged out and use ‘Wally’ – [sorry for the inconsistency])

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  6. MSGT HARTMAN

    BHI starting to cook.

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  7. dlrago8

    OA, does the NFP miss change your outlook? Are you buying the dip this morning? Thank you!

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  8. dlrago8

    Wow what a turn-a-round.

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    • Trent J

      Look at that TF lead…

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      • Bchu12

        Dam woke up late and missed it. Russell leading to down side again you mean? All indices still red. Going back to sleep

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  9. kidstockibc

    Dear Fly:

    Might be time to shut the site down…your bullshit proprietary algo has been reverse engineered based on a year plus of consistent under performance and the end of the world drivel from such an accomplished professional is embarrassing given the enormous rally you urged yourself (and most likely others) to avoid for the last three months.

    It is laughable to see you offer free Exodus subscriptions when you’re once again behind the averages. Why would anyone want to follow you??? Were you to continue to hit the ball out of the park on occasion ala Alex Rodriguez, folks might continue to support you.

    Clearly you are burnt out and on the path towards the self-destructing your reader class ala Jim Cramer when he left the hedge fund world. Do us all a favor and end this now before your name is treated with the same irreverence as Elaine Garzarelli or Ralph Acompora.

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    • btn

      KS, would you really want a website with several bloggers with the same point of view? That’s a little bit fishbowl for me.

      Also, maybe you should post this on *Fly’s blog*, unless you were purposefully looking for friendly territory to launch your attack…

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  10. Noni Kavuri

    This is a crazy shake out, if that’s what it indeed is. I’m still long $TNA.

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  11. btn

    @kidstockibc: “Bulls that continue to drink the Kool Aid”
    Are you f*cking kidding me?

    What happened to
    “the end of the world drivel from such an accomplished professional (Fly) is embarrassing given the enormous rally you urged yourself (and most likely others) to avoid for the last three months. ”
    http://ibankcoin.com/option_addict/2016/05/05/all-wedged-up-for-nfp/#comment-83488

    Now if you’re just trading what the market gives you, that’s fine, but it’s a little ingenious to shit on bulls AND bears just becuase their long-term prognosis is different from what you are thinking that morning.

    So what’s your deal? Do you have a 6-month view other than “everybody’s wrong”?

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