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

TIME TO BANG SOME SOLAR STOCKS

It’s sunny outside, therefore its time to start buying solar stocks.

This is my next rotation idea. I’ll discuss this in depth in After Hours with Option Addict later today with a complete top down analysis.

Thus far, I like $FSLR, $SPWR, $TSL, $VSLR, $JKS and $CSIQ – not in that particular order.

The time frame on this idea will be into July.

Thoughts?

OA

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NEW LONGS

I bought calls in $YNDX. Never played this one before, so be gentle.

For the garbage bin of my portfolio, I picked up shares of $EJ and shares of $PBPB.

More later,

OA

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ANOTHER BIG WIN

Good morning.

For starters, last week we discussed booking a few positions into today’s strength. With this insane move in $SINA, I decided to book the June calls we put on in 12631. Don’t you love being in calls/stocks that rip the hardest?

I took on shares of $EJ in place. I’ve been wanting to get into a few more “trash stocks/laggards.”

Last but not least, you are all likely aware of this but I am planning a knockout presentation for our Investor Conference in NYC later this year. Discounted tickets have gone on sale as of last night. Ask those in attendance last year, we had a great event. This year we’ll be sure to raise the bar. Grab a ticket, you won’t want to miss it.

https://ibankcoin.com/conference/

OA

 

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PLAYING THE TURN

The market is forcing your hand here. Making you lighten up before one last hurrah next week. This way, when you change your mind and chase up into the breakout next week, you’ll be on an island of misfit pricing.

I think it is wise to use next week to lighten up on positions. My biased side tells me that a market pullback is playable to the long side here, due to the low stock to index correlations. However, we’ll play it safe til we see a little more price action.

I’ve got next weeks watchlist set. See you inside After Hours with Option Addict.

OA

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THE CURSE OF THE AHWOA POLL

We have a 100% accurate market reversal indicator inside the walls of After Hours with Option Addict.

I poll for participant sentiment twice weekly. Anytime we see at least 75% or more of participants voting bullish, the market immediately reverses its course, regardless of any other circumstances.

These extreme readings don’t happen often, but when they do, run for cover.

Damn you.

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