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

DOW DOWN 50, Discomfort Ensues

Boy, based on the quality of conversation, I’d wager that people aren’t liking the feel of a market that goes down a quarter of a percent.

I’m a buyer here of CTRP and OVTI August calls, and managed to get some ONVO today at $6.45.

Planning a few more moves here, stay tuned.

 

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Tomorrow’s Line-Up

Here are my top picks heading into tomorrow:

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Text: MNST, OVTI, CTP, NDLS, KBH, BZH.

I am adamant about owing something China related here. BIDU told me so earlier today. I already have positions in SOHU and SINA, and had an order up for CTRP today, but had to run out unexpectedly. I will hit it in the morning. As for you, take your pick. Either of them look great here.

As for my cheapies, will set alerts on ETRM, SYRG and PCXCQ tomorrow.

FWIW, I love the set-up in AWAY, but we’re a little too close to earnings.

See you in the morning.

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I’m on Fire

I could sit here and type all night about how I have this market on a string right now…but I won’t.

If you’ve been following along, the picks here have been nothing short of amazing. It’s one thing to pick stocks that go up in strong market, but it’s entirely different to consistently pick the stocks that are not just moving higher, but exploding higher on a daily basis.

I’ve said this before, but it deserves repeating. I was a product of a bubble that took place on Wall Street in the late 90’s. I got pulled in to be a broker at age 19, pending a passing grade on the 7. I nutted the exam, with a score of 70. See for yourself:

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This weathered piece of paper doesn’t mean anything, but I do love the fact that I passed this test with the lowest passing grade possible.

From that point on, I survived multiple layoffs, cut-backs, consolidations, etc. I may not have been qualified to take my position initially, but damned if I didn’t work harder than everyone else around me, ensuring that I would stick around, while all my lazy and unqualified peers were picked off and sent home with pink slips.

I bring this up only because it seems that in the not too distant future, when all is made public about how the majority of individuals still managing your money are significantly underqualified, there will be epic demand for the few individuals out there who actually have a great skill for this game. Those who can make money, manage risk, and who don’t lie, cheat, and steal to make it happen.

It’s funny that someone like myself can help an average Joe manage a portfolio for $60 a month, and absolutely murder all competition. I have an approach that works, and have developed an eye for what the majority don’t see. Through my upcoming premium service here, it will be my objective to help you learn and understand what I see. With time, you will start to see things for yourself as well.

OA

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My Book

Calls

BIDU, GMCR, DDD, FSLR, SINA, RKUS, WDAY, X, LULU, SOHU

Stocks

IQNT, RVLT, JKS, RSOL, GLUU, CHCI, ZLC, USLV, PACB, END, OSGIQ

Hedge

SDS (small)

I have a book of about 10 long term stock positions that don’t get included in these lists, btw.

Have also raised some cash in the last several days to start a long term basket of biotech/genetics plays. If you know me, I am wildly bullish on this theme, for I believe the opportunities there will be second only to the invention of the internet.

I might discuss some of these ideas here throughout the week.

OA

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Milking the Bull

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Another day of insane gains today, folks. Chalk it up to a hot hand.

GMCR ready to rip here…

IQNT + 30%

BIDU + 3%

FSLR + 5.5%

RVLT + 13%

JKS + 9%

I will be booking some July positions here before I make another trade. Just wanted to share.

OA

 

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