Greetings from high atop the Rocky Mountains!
The air is sweet, the sun is hot, the ground is cold. It all serves to refresh the mind and invigorate the soul heading into 2017. This year will be much more challenging than 2016. First of all, numerically, we are leaving a year divisible by 3 for one that isn’t. So the number gods will not be shining down upon us during this trip around the sun.
Then then we have a geopolitical upheaval in progress which will surly rattle the markets, eventually, at some point.
However, at iBankCoin laboratories we do not expend precious energy and resources trying to predict how worldy events, well beyond our control, will affect stock prices. Instead we focus on the raw and objective, pure data generated by the cumulative interaction of humans—the natural order of the markets—the last pure beacon of capitalism, to predict 5 to 10 days at a time.
Prediction is much like driving at night. You only see the road your headlights illuminate, but you can make it across the entire country this way. That is our approach to the stock market. Take it one day, one week, one Exodus cycle at a time.
This method has severed us well. There was a long-running win streak into the summer, including being short into the Brexit vote, covering and going long into one of the hardest rallies of the year–all decisions objectively driven by the IndexModel and Exodus. It also offered the short bias heading into Christmas, an uncomfortable posture into a traditionally bullish time.
The 112th edition of Exodus Strategy session has been published, and inside it preparations have been made heading into January—often an ultra-violent month for markets. With any luck, and a hard line penchant for objective execution, we can nail some big moves this year. Exodus members (I see there are many new distinguished gentlemen, welcome) go check out the latest strategy session and if you have any questions, ask away. It may take a few days for a response as I am starting the year off barreling down giant rocks with a board strapped to my feet.
The first matter of business will be deciding when to cover the rest of my NASDAQ short position trade. I took a scale into Friday, risk has been neutralized–now the goal is to earn some creme whilst sashaying across the USA.
Let’s make the markets cry for their mammy this year.
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Hu-Rah!
Yes, you are correct, iBC has been severed by it’s picks.
TWTR, GPRO, TLT, FIT, FEYE, TWLO just to name a few.
Let the record show I absolutely owned the GPRO IPO. And TWTR is the only one I’m bag holding on. And yes, I realized I’m totally effed because @jack has asbergers.
http://ibankcoin.com/raul3/2014/06/30/be-a-profressional-go-pro/
http://ibankcoin.com/raul3/2014/09/29/just-wait-until-they-make-them-smaller/
Note: 2014 posts are cringe worthy.
Hartman – once again, you chose to not enter RC’s Stock of the Year contest….which to me, makes your criticism of other’s stock picks ring very hollow.
A stock picking contest is basically trading a paper account, just pick the highest beta company out there and cross fingers. Meaningless.
The only true stock picking contest is a real purchase of at least 50k. Watch that beta come down to reality.
I already forwarded this suggestion to RC but there are no takers.
I would pick something boring like FB or EXK if I felt like gambling.
you riding in Colorado, I’m a denver guy. Enjoy the turns in the market and on the slopes.
Participated in the sublime RCS call last week, closed out NAS shorts on Friday. The NQ_F cumulative delta was pushing higher all day Friday, wasn’t sure what to make of it so banked some coin.
I saw that too, but on Sunday. That trend lower was accumulated , def interesting