iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
2,924 Blog Posts

NASDAQ Gives Back Monday Afternoon Recovery, Draghi To Begin Speaking at The Open

NASDAQ futures are coming into Tuesday gap down after an overnight session featuring normal range and volume.  Price worked lower overnight with sellers working down into the 40 point intra-day recovery seen Monday.  As we approach the open, however, the Monday low is holding.  At 8:30am Trade Balance data came out better than expected.

Right on the open, European Central Bank President Mario Draghi will be talking in Frankfurt.  Also on the economic calendar today we have Factory/Durable Goods Orders at 10am, and a 4-week T-bill auction at 11:30am.

Yesterday we printed a normal variation down.  Price opened gap up and ran higher, briefly making new all-time highs before reversing and working lower.  We closed the open gap left behind on 3/28 before discovering buyers and spending the rest of the day working back to unchanged.

Heading into today my primary expectation is for sellers to make a quick move lower, down through overnight low 5406.75, setting up a move to 5383.50 before two way trade ensues.

Hypo 2 strong selling, liquidation speed, takes us down to 5369.75 before two way trade ensues.

Hypo 3 buyers press into the overnight inventory and close the gap up at 5434.  From here they take out overnight high 5436.75 and continue higher to 5441.50 before two way trade ensues.

Levels:

Volume profiles, gaps, and measured moves:

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BEAST MODE: Tesla Trades To New All Time High After Record Setting Quarter

Shares of the world’s greatest technology company, Tesla, are achieving new heights Monday after the company’s CEO, the magnificent Elon Musk (all Praise and Glory to The Leader) handsomely announced, they set a delivery record in the first quarter.

Twenty five thousand, OVER twenty five thousand Tesla cars were delivered to excited consumers, consumers excited to tell the sheiks running OPEC, the goons lording over American oil firms, and every internal combustion earth hater, “byeeee.”

Benzinga on the finer details:

Tesla delivered over 25,000 vehicles in Q1, of which about 13,450 were Model S and about 11,550 were Model X. This was a new quarterly record and represents a 69 percent increase over Q1 2016.

Q1 production totaled 25,418 vehicles, also a new quarterly record.

Also, over the weekend, our lord and savior, our benevolent Elon (all Praise and Glory to The Leader) was rumored to be building an entire clean tech city.  As of this publication, the rumor is being considered an April Fools prank.

For now, investors will have to be content with being involved in the only company hellbent on disrupting the most diabolical forces on our earth.  The pure evil that capitalism gave birth to, the oil executive.

So far it appears to be working.  The company had a record setting first quarter as they barrel toward their Q3 goal of mass production.  The Model 3, a car for the working man, and an opportunity to dollar vote against the muckrakers in Alberta, Canada.

BULLISH

 

 

 

 

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NASDAQ Slow and Steady Heading into April

NASDAQ futures are heading into the first day of the second quarter with a slight gap up after an overnight session featuring normal range and volume.  Price held inside the range of last Friday overnight in a balanced session.

The economic calendar starts out slow this week, picking up steam as the week matures.  For Monday, we have ISM Manufacturing data at 10am, then at 11:30am the US Treasury is auctioning off 3- and 6-month T-bills, $39b and $33billion respectively.

Last week the major indices worked higher.  But first the week began with a major gap down.  On the open last Monday, the Dow was down nearly -200.  However, after two trend day ups, the stock markets spent the rest of the week drifting, with a slight upward bias.  Here are the performances of each major index last week:

Last Friday the NASDAQ printed a normal variation up.  Price opened gap down but still inside the Thursday range.  Sellers made an attempt down through Thursday’s low but stalled ahead of it before buyers came in and worked the market to a new high on the week.  The new high was quickly met with selling, twice, ultimately settling price out just below the Friday midpoint.

Heading into today my primary expectation is for sellers to work into the overnight inventory and close the gap down to 5438.75.  From here they continue lower, down through overnight low 5432.75.  Look for a move down to Wednesday’ naked VPOC at 5421.25 before two way trade ensues.

Hypo 2 stronger sellers work down to 5406.75 before two way trade ensues.

Hypo 3 buyers press up through overnight high 5450.75 setting up a run at new highs.  Look for sellers up at the Fibonacci zone starting at 5462.50.

Levels:

Volume profiles, gaps, and measured moves:

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Huge Snapchat Update Adds Search Function To Platform

Normal people and businesses trying to spread their brand on Snapchat find it difficult.  For years it lacked an in-app discovery function.  You can’t really search people either, unless you have their snapcode, phone number, or user name. But all that changed at the stroke of midnight last Friday.  Right when the first quarter of 2017 ended, the company launched an update to create 1 million searchable stories.

Content creators have struggled to build audiences.  Gary Vaynerchuk, founder of a digital marketing agency that did $100 million in revenues in 2016  wrote an entire piece discussing the issue.

Snapchat doesn’t have a suggested user list (like Instagram does) or a method to easily search for people, although some websites and apps are trying to make the process easier. There also aren’t any hashtags or retweets that you can piggyback off of like we see on other platforms.

Snapchat’s new search feature is likely to be monitored closely by the company and investors as the unicorn enters its first full quarter as a publicly traded company [ticker: $SNAP].  Wall Street is the home of Pavlovian children, obsessed with seeing immediate results, else they begin demanding executive upheaval and board seats.  Fortunately, Snapchat shareholders do not even have voting rights.  They are third class dogs.  Speaking of dogs, you can search ‘puppies’ on Snapchat and receive an endless stream of puppy videos.

These truly are the best of times.

The feature allows users see what is happening real time from places far reaching like exotic beaches, to sporting events, to a local bar, and much more.

Social media apps have begun copying features from each other.  Mark Zuckerberg and his team of coders recently added the ‘story’ feature to Instagram and quickly monetized it with skippable ads.  A 24-hour running story function has also appeared recently on actual Facebook.

On April Fool’s day, Snapchat ran a filter that made your snap look like an Instagram post, trolling the copycats at Facebook.

The filter shows only ‘my_mom and 2 others’ liking the photo, lolz.

Facebook executives may still have bitter feelings after Snapchat founders told Mark, more or less, to take his $3 billion dollar cash offer and piss off back in November 2013.  Snapchat is currently worth about $27 billion, give or take a few hundred million.

The question of who did what first is quickly becoming as irrelevant as the chicken or the egg dilemma.

The real question on investors’ minds is, “Is my money parked in a Facebook or a Twitter?”  And it is a fair question for an investor to ask, considering the performance gap between the two stocks over the last 856 days:

Facebook and Twitter both have fantastic ‘discovery’ functions built into their platforms.  It is an essential piece of the social media puzzle.  People are quickly turned off to a platform if it feels like they are talking to themselves.

Snapchat’s searchable stories were rolled out on the last day of March in select cities.  As of now, the feature is unavailable in the ghettos of Detroit.  As soon as it is however, I will begin disengaging the outside world for hours on end, instead piping the ‘puppies’ story into my Daydream goggles.

As more information about the feature becomes available, I will discuss it on snapchat.  If you are invested in the name, just trading it, or just want to see my really really extremely good looking face, now might be a good time to download the app and follow me.

vCali

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A Clear Stock Market Approach Emerges from Deep Inside iBankCoin Laboratory

Greetings and welcome to the iBankCoin Laboratory Review!

In this weekly publication, the diligent scientists and engineers operating inside Exodus Market Intelligence present to you, in a rather colorful manner, their methodical test results.

Our process is continually audited to ensure it is prepared in the most objective means possible, with minimal human interference, allowing the thousands of censors we have placed throughout the financial markets to operate autonomously.  The information is pooled into Exodus where it is interpreted by algorithms.

To add some day trader spice, the very pure and objective tenants of auction theory are also married to the data to produce what can only be described as a raw forecast of the future.

People do not like forecasts.  They do not like reading them, offering them, or even knowing they exist.  It is because many a forecaster are charlatans who practice biased means of prediction–reading the tea leaves of geopolitics, rubbing elbows with establishment cock suckers and cuckolds, practicing dark arts–and it leaves a bad taste in the collective mouths of consumers.

Those methods are old milk.  The findings we put forth are unbiased.  There are rigorous fundamental requirements for a stock to become an eligible candidate.  Predictions of overall market rallies extend two weeks max, for much further and the lenses become blurred.

Data, my boy, pure and raw, parsed and measured, creates a simple forecast.

This week’s Strategy Session comes after the completion of our first quarter under a new authoritarian presidential regime.  Which means a top-down analysis of the entire stock universe was performed.  The result?  14 investable ticker symbols.  They are simply letters affixed to numbers, but they are truly impressive, nonetheless.  The makings of a potent Motif, perhaps.

The 125th Edition of Exodus Strategy Session is live now.  It was quite fun to prepare, even the quote from Marcus Aurelius at the end seems well timed.  It is with humility and honor that the good folks at iBC labs prepared the report and we hope you read it.

As for the rest of you, freeloaders of the interwebs, I am debating doing the aforementioned top-down analysis live on our YouTube channel and Facebook, if enough interest is expressed.  Please leave a comment below if you would watch a 20 minute review of Q1.  Exodus members, it would behoove you as well to learn this method of analysis.  Afterall, your good pal RAUL lives a ride-or-die lifestyle deep in the urban centers of America and may not be around much longer to spoon feed you.

We are bullish through mid-week.  Once the FOMC minutes are released, the plan is to improvise.  You can always check the morning reports to stay abreast, follow me on Twitter @indexmodel for more up-to-minute coverage, or if you prefer visual media just follow me on snapchat where I am the only person consistently dropping live trades, close ups of my beautiful face, hustle motivation, and other debauchery.  vCali.  All questions asked in the DMs will be answered in the order they are received.

Stay sharp out there, for a dull mind is certain to be corrected.

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Human Investors Vote Yes To Editing Human DNA, CRISPR Stocks Race Higher

You are going to die.  Unfortunately your parents conceived you a few decades too soon.  Had you poked your head into the world over the last year or so, via the test tube or traditional breeding, then you would’ve had reasonable odds of living forever.

Doing everything right every day henceforth, you might make it 165 years tops.

This is part in thanks to Our Leader Elon (all Praise and Glory) working to install computer chips in our brains.  The other advances toward eternal life come from CRISPR technology, which can effectively alter and bind human DNA.

Perhaps you want a designer baby–with height, a nordic look, and high IQ–and you have the gusto to send your fluids to the test tube.  CRISPR will give you your little viking.  The desire to create a symmetrical super human drove me to vote yes and go long SGMO, a small player in the DNA editing space, back in January.

Inside Exodus, the theme has been effervescing, with the conversation being led by none other than the venerable JUNGLEEGIRL.  This made me take a closer look at a few other names, which I have also become involved with.

Back in January humans were discouraged about the ambitious plans of these mad scientists, affixed to their televisions as our new authoritarian leader threatened to kill the Healthcare industry and put everybody into the coal mine.

Pull up weekly charts in $SGMO $EDIT $NTLA (affectionately referred to as Nutella) $CRSP, a few others.  So much discouragement.

More recently, after the group had a nice run, the late money chased prices higher and was stifled by the market, subjugated to rapid losses, causing these belligerent fools to DENY THEIR BELIEF in these scientific achievements.

Denial, it seems, has abated.  And the group, as a whole, looks prepared to begin a new campaign, a campaign against the Christians, the liberals, the Muslims, and any other archaic faith.

Humankind has pursued immortality since the dawn of science.  An ironic twist occurred in the 11th century, when Wujing Zongayo, in his Chinese laboratory, searching for an immortality elixir, invented gunpowder.

Investors are mostly people with lots of money who want to live as long as possible, watching their little spawns take over neighboring tribes whist they read the Wall Street Journal and sip iced tea peppered with umbilical stem cells.   They are once again becoming confident science and CRISPR.  The names mentioned above are closing out the first quarter under Trump leadership with swagger and confidence.

BULLISH

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Friday Month End, and The NASDAQ is Flat

NASDAQ futures are coming into Friday flat after an overnight session featuring normal range and volume.  Price worked down through the Thursday night low, briefly, tagging the Wednesday VPOC, before pushing back to unchanged.  At 8:30am Personal Spending data came in below expectations.

Also on the economic docket today we have the Fed’s Neel ‘Crazy Eyes’ Kashkari answering questions at 10am and the Baker Hughes rig count at 1pm.

Yesterday we printed a normal variation up.  Price slowly pushed higher but failed to take out the swing high, which was made during extended hours late Wednesday night.

Heading into today my primary expectation is for buyers to work up through overnight high 5441 and make a run for the ETH high up at 5451 to probe open air into month-end.

Hypo 2 sellers press down through overnight low 5421 and tag 5408 before two way trade ensues.

Levels:

Volume profiles, gaps, and measured moves:

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Gizmodo Does Some Internet Sleuthing, Finds James Comey’s Secret Twitter Account

At the Intelligence and National Security Alliance leadership dinner Wednesday night, Comey told everyone he has a secret Instagram and Twitter account.

A writer at Gizmodo went to work and by the looks of it, she found Comey’s twitter account.  If you love internet sleuthing, this is a great read that leads us to FBI director Comey’s Twitter account @projectexile7.

Bravo, good show old sport!

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Jeff Bezos Summons The World’s Biggest Brands To His Headquarters To Talk Online Sales

General Mills and other confectionery makers have been requested by formal decree to attend a three-day meeting at Amazon headquarters, according to a report from Bloomberg.  Once present, they will be flogged and ridiculed for continuing to sell their wares to the likes of Walled-Mart and Target.

It is Bezos belief, that by collectively brow-beating cookie and gum makers, he will convince them to bend to his will and sell their packaged goods directly to online shoppers.  Where did he learn such draconian tactics?

Here are some of the most interesting parts of the Bloomberg report:

“Times are changing,” Amazon says in an invitation obtained by Bloomberg. “Amazon strongly believes that supply chains designed to serve the direct-to-consumer business have the power to bring improved customer experiences and global efficiency. To achieve this requires a major shift in thinking.”

A major shift that lets Amazon middle man every sale, handling fulfillment with robots and blimps.

Amazon has been struggling to crack the food and packaged goods market—an $800 billion category still dominated by Wal-Mart and other traditional chains. Persuading brands to design their packaging and operations for the online world would make it easier for Amazon to ship common household goods to urban dwellers in less than an hour, potentially making last-minute dashes to the store obsolete.

Those urban dwelling hood rats sure do love sugar-laden cakes and soda pops.  Let’s make sure they can impulsively consume them faster and with less physical movement.

Despite the long relationships between brands and traditional stores, Amazon has leverage to convince manufacturers to rethink their operations, says Ken Cassar, an analyst at Slice Intelligence. He notes that Amazon has 300 million shoppers and can make its own products if brands aren’t willing to sell on its marketplace. “Fear, more than anything else,” Cassar says, “may compel these companies to pay attention.”

You are either with Amazon, or they will crush you with their robot empire.  Your choice, Nabisco.

Jeff Bezos has only the best intentions for the internet shopper, the lazy consumer, the button clickers sitting around their homes across the world.  If his brazen power meeting plays out in May, same-day candy deliveries will become commonplace in the household.

DIABEATUS

BULLISH

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NASDAQ Flat Heading into Thursday Before Month-end

NASDAQ futures are coming into Thursday flat after an overnight session featuring normal range and volume. Price worked higher overnight, making new all-time highs and nullifying the failed auction that occurred last week Tuesday.  Price then settled back down into the upper quadrant of Wednesday’s range.  At 8:30am GDP came out better than expected (USA GDP (QoQ) for Q4 2.10% vs 2.00% Est; Prior 1.90%) and Initial/Continuing jobless claims were worse than expected.

There are no other major economic events today.  There are several low-level Fed members speaking today, but investors aren’t likely to pay them much attention.

Yesterday we printed a normal variation up.  Price opened with a slight gap up and sellers could not close it.  Instead we rallied to a new weekly high, then balanced through the afternoon before a strong afternoon ramp higher.

Heading into today my primary expectation is for sellers to press down through overnight low 5429 and tag 5421.25 before buyers step in and two way trade ensues.

Hypo 2 buyers work into the overnight inventory and press up through overnight high 5451 and trade up to new all-time highs.  Open air.

Hypo 3 stronger sellers push us down to 5405.50, closing the Tuesday gap, before two way trade ensues.

Levels:

Volume profiles, gaps, and measured moves:

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