I loathe this stock for what it did to me last year. Nonetheless, I ask of you to offer up a personal sacrifice to the stock gods as we approach the closing bell.
I’ve chosen to give up food, water and adderall for the remainder of market hours in exchange for a pleasant earnings report and market reaction.
Please do your part.
If you enjoy the content at iBankCoin, please follow us on Twitter
I listened to my inner OA, and asked, when you pull up the numbers at the open, will you be more pissed to see $WTW way up with no position, or to see it way down with a position. For some irrational reason I am fixated on this stupid company this ER and had to buy on this dip back into the big rip this morning. I deserve to lose money, and fully expect to, but I had to get something on.
I will also make my sacrifice to the Fireye God (which actually sounds like a thing).
I am going to sacrifice one of our interns.
+1
OA – Am I off base or does the setup on NFLX on the weekly chart look like AMZN’s back in 2014?
Like $AMZN, $GOOGL, yep.
Richard- We are in sacrifice mode
fingers crossed!!!
Picked up some CMG today
wow. f u FEYE
I got the fuck out. I have no edge around earnings so its just gambling. Plan to rebuy when my trading gives me an edge again. Wish you well on the roulette wheel. Gave up a bag of potato chips for you.
Ah, timely heads up. Always easier that way.
I posted in the Pelican Room on this at 9:30 am this morning.
Ah, I didn’t understand the follow up here then I guess.
I am sorry for your loss. I wrote my post before seeing the earnings.
Won’t be my last, but thanks.
Looks like I’ll be drinking two Spotted Cows instead of one tonight. Should have made a sacrifice instead of my earnings/YOLO ritual of blowing smoke rings and pissing on the toilet Danny McBride-style…
A Wisconsin man!
SYMC & TTWO +++.
Still trying to figure out if oil is changing the trend.
Look at HES.
It’s telling us that $60 oil is closer than we think.
In HES but I have a lot of ground to make up on my calls and not much time. Great stock to trade but this time I got caught being greedy on last run after Brexit.
Nope. Fuck.
Earnings often a crapshoot. Hope you played option dollars.
Not this year, but thanks for the advice. I’m running an awesome win/loss this time around.
Can’t win em all.
Did you take ETSY into that call? I had it at $10 but bailed like a sally. Was looking at the market cap of $W vs $ETSY and thinking ETSY has potential for significant more upside. Don’t know how to buy into it now though after this massive move.
Seemed like everyone did but me. Spaced it.
Sold JDST in PM….4.40. Stick-n-move. Stick-stick-n-move.
nice add to your short yesterday bro – where’s the sweet simpsons avatar?
FEYE aversion a la TWTR?
I took next weeks 15.50’s for .16
fire eye is a good way to describe my asshole this morning.
lol maybe you should get that checked out
Another great call on Tuesday being a shakeout Jeff. Wish I had your extra sensory market perception gene!
Bought FB 125 puts @ .04….sensing some irrational exuberance
VIX is headed to all time lows. VIX futures are in extreme contango. Should result in huge gains in XIV and SVXY. We are headed to a blow off top. In the meantime, get into some XIV and enjoy 3% daily gains.
That was my call two years ago as well. Part of a market top checklist.
Sell it all boys….bought BIS 30.45 and UVXY 21.50
?
wish I could articulate….market is out of gas. the music has stopped.
Nothing on my radar suggests that…except for Sethster’s comment.
and (gasp) …bought TLT 138.53
all aboard the Ark
Here’s what I can come up with….from where I sit, it appears that the big boys are unloading a ton of merchandise into this lift.
1) 11 Handle on VIX
2) Very Narrow Leadership
3) Earnings Vacuum for next Six Weeks (market needs data or bids disappear)
4) VRX is still sick (yes they still matter – barometer of $ flow out of hedge funds)
5) Fear & Greed warning / signaling complacency (has been for awhile)
6) TLT is the best game in town now that Europe lowered rates
7) Commodities / PM’s have peaked (growing lack of leadership)
Perhaps Ackman or someone of that ilk are in more trouble than we know….
This has been a constant though. Higher is the pain still, IMO. As long as the work “ark” is used here, pain is up.
There is an un-quantifiable calendar component to my thesis that contends that weakness persists thru q2 2017. That period of weakness begins now that q2 estimates are in the books.
Even though the banks just downgraded stocks in general? Seems pretty sketch.
OA
you are one of the very very few, who called for this big up day. Great call on that and the Transport sector.
$FDX my weekly trade busted, but next week seems to be a very big week based on your transport sector call
Yes, it is going to trend from here. Looks amazing. Made my watchlist in fact.
Tempted by $UAL here
Thanks for helping me stay long stocks through Tuesday’s shakeout. You did a great job calling it. You ‘da man, Jeff.
I only got a partial fill on NFLX at $94.8. OA – Do you think this starts a run…considering adding here despite being up 4% on day
OA – taken any polls lately?
On the day of the breakout, 4 consecutive bearish polls all the way up. First bullish poll was the high of this multi week range. Everything since has been 60-40.
It feels like latter part of credit bubble where there was a lot of misguided capital buying anything that would earn a potential return. Stocks, commodities (gold), physical assets / real estate have all been bid up to levels which can only be sustained if our economy kicks into 3%+ GDP mode.
Houses are being used as ATM’s again per my real estate friends in Florida…business owners I speak with are tempering spending plans until they know which party will be in office. Sub-$2 gasoline is great for the consumers but they appear to be spent out and skeptical of the future. I fail to see how this ends well without a catalyst to ignite growth.