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

IT WAS THE SLOWEST START TO A WEEK I EVER SEEN

Waited all day for something mind blowing to happen. Apparently, there is nothing in this tape today to find meaning in.

Starting this week, my Trump portfolio stocks are reporting. My hopes are that they all miss, sell off, and afford me the opportunity to buy lower.

The first one on my radar is $ACM tomorrow morning. If it opens lower, I am taking a position.

I’ll discuss a few more of these after I seem how $ACM trades.

Comments »

EXCUSE ME, BUTT I DIDN’T ASS YOU ABOUT AMAZON

Welp, the analysis and information floweth. Thank you.

Honestly, I write such things to see what response I get. Not so much looking for an opinion, just the number of reactions more or less. Thank you for your participation.

On to other things, but the Bitcoin mention caught a reaction too. I want to go over that idea early next week.

As for now, this dip in my Trump portfolio names looks really nice. I’m still trying to wait out earnings on them, to see what deals I can find.

Today, looking at $SBUX, $OAS, $GGB and off to sell a few Feb positions in stocks like $YUMC and $TWLO.

Comments »

I WANT TO SHORT $AMZN PART II

Take note. I absolutely love when this happens, because even though seemingly insignificant, it has mattered in the past.

I can recall the few times I have written on a topic, then been quickly engaged by some StockTwat or Tweeter Reader over an idea I’ve written on. Again, rarely does this happen, but the times it has it ended up being significant.

That quick reply I get from that crowd usually comes from a place of inexperience. To get an instant reaction means I am thinking outside of “group think.” Or it means I have triggered an emotional reaction. That’s usually where I want to be.

Day-to-day, most leave me alone to my own opinions. They either read, or don’t read…which is where I want to be. I try not to harass other people and hope I don’t get harassed in return. I like to stay in my quiet corner of the internet so to speak.

As for some of my recent online responses to a write up, here are three of my favorites.

Most recently, @*********, who jumped me for my boolish opinion on the markets back in late February last year. Which conversely, was the bottom.

CMlol(note: the above image was created to show the resemblance of Buffalo Bill, but I felt terrible and never sent the tweet. Apologies in advance.)

Remember @AlphaMatt18 who out of nowhere blew me up for wanting to buy $TWTR roughly three weeks after it’s IPO? For the love of hilarious, I can’t find the screenshot I took back in 2013.

If you remember that trade I took, it was one of my best ever. Only a few days after the comment, Twitter went on to more than double in price, as I called out here near the $TWTR IPO bottom.

In my last post about just the idea of wanting to short $AMZN, look at what @ChengizKhan had to say to me, as well as his 4 followers.

TOOMANYTWATSINAMZNIf you are in $AMZN here, this is your company. Saturated. Over-owned. These peeps are your ‘ride-or-die’ comrades as you head into the unknown.

Let that sink in for a minute.

Comments »

I WANT TO SHORT $AMZN

I’m not feeling these #FANG stocks at all. Started talking about this a few weeks back, but more in the interest of buying some beaten down retail.

Now, I’m hoping for an $AMZN gap up tomorrow to possibly try a short into.

There’s so much to offer in this market when you zoom out…but near term, I just don’t like how crowded these instruments are.

FWIW, for me…it’s mainly $AMZN. The others don’t bug me as much.

On the topic of shorts, I like Bitcoin too…but I’ll talk about this in a day or two.

Let’s see what happens tomorrow.

OA

Comments »

ANXIOUSLY ENGAGED

This is the stage where it’s much easier to get bucked off the market here and miss a good move. Last week I talked about the idea of hedging or reducing exposure as the 20K headline gives me anxiety.

There are some names I like, but I’ve been doing less here thus far this week than normal. I like that there’s more leadership today and the Russell has some relative strength back today.

I’m long NQ at 5084 and hoping we close down here at the lows of the day for this to work tomorrow.

Have my eye on $PBR, $YY, $AMBA.

Comments »