iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Light Ahead of The Number

After being stopped out of a few positions today, I find myself light ahead of the jobs number. I’m sure after taking a few losses and opting for cash, the market will go apeshit to the upside, but hey that’s life.

I still have the recent iPOs I posted last night on watch: $P, $BCOV, & DRWE, and will likely jump in $P if we see some strength tomorrow. Love that setup.

I’m still going through my nightly homework, but let’s take a look at what worked today. Click here for charts.

Feel free to throw some tickers my way, will be happy to take a look at a few.

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6 comments

  1. Cheese fries

    RC,
    What’s up man?
    Take a look at AGM, also known as Farmer Mac.
    They lend money to Farmers to buy farmland.

    I like Jim Rogers thesis on agriculture. Food Supply is down across the globe as farmers are in short supply and demand, via world population growth seems robust going forward. What are your thoughts?
    Negatives….They owned a chunk of LEH before the extend and pretend days started…

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  2. RaginCajun

    $AGM looks good, another day of consolidation will create a nice flag that we can trade.

    I like it.

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  3. Cheese fries

    New highs everyday and it looks like the growth in money supply will have to eventually find a home. The Feds measure of inflation the CPI excludes both food and energy. Odd no?

    I loaded the IRA with AGM, MOO (great agriculture ETF), CZZ (Brazilian Sugar company), and Fly’s fav NXPI. I like NFC technology in cell phones going forward.

    Ok, enough for tonight… Have a good one

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  4. RaginCajun

    good to see you CHeese. DOn’t be a stranger.

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  5. Halfbloodpope

    How do you view the $PATK chart? TIA. Hope the knee is feeling better.

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    • RaginCajun

      needs to reclaim those highs or may be in trouble here. Slow Sto saying pullback is near.

      Knee pain won’t go away. Nothing torn, Dr. says stage 1 arthritis. Have to stay off it for a while. Inflamed pretty bad.

      Something tells me, I need second opinion.

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