iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,548 Blog Posts

One of Those Days

We got Vince ‘the bottom caller’ Farrell on CNBC doing what he does best: call bottoms. We got oil down 2 bucks, based upon the good news of death to global growth. At the same time, bank stocks are running with their socks off, thanks to the death of global growth. And, on top of that, we have a Fed meeting today.

My positions are being manhandled by odious market participants who, for some reason, enjoy the prospect of massive dilution and pending insolvency.

That’s neither here or there.

Putting my bias aside, the retailers are prime to high five higher here. Some of my old favorites include: J. Crew Group, Inc. [[JCG]] , Coach, Inc. [[COH]] and Barnes & Noble, Inc. Barnes & Noble, Inc. [[BKS]] .

In addition, food and beverage names should benefit, including Chipotle Mexican Grill, Inc. [[CMG]] , Hansen Natural Corporation [[HANS]] , PepsiCo, Inc. [[PEP]] and Einstein Noah Restaurant Group, Inc. [[BAGL]] . And, of course, ethanol producers VeraSun Energy Corporation [[VSE]] and Aventine Renewable Energy Holdings, Inc. [[AVR]] , should benefit off the death of corn.

Me, I’m one of those stubborn type. I’d rather drink a gallon of spoiled milk, than fuck around long Lehman Brothers Holdings Inc. [[LEH]] .

Nonetheless, you do not need to be as hard headed as I am.

Instead, catch a few trades, drink a beer and throw firecrackers at your neighbors.

I’ll be here, with my face painted blue, waiting for an opportunity to get revenge.

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20 comments

  1. CubsRock

    What’s that smell.

    There must be some sort of leak..

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  2. recusancy

    Anything expected out of the MVIS CC this afternoon?

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  3. The Fly

    Not that I know of.

    MVIS is a December CES story.

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  4. TraderCaddy

    Einstein bagels suck. If they sold that crap in NYC I am sure they would blow out their windows.

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  5. The Fly

    But it’s the input cost of flour that has squeezed margins. Now that flour is in the graveyard, BAGL can live again.

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  6. Zulu Warrior

    The complete destruction of commodities/materials is positive for stocks? Doesn’t it imply global economic activity is slowing, putting earnings at risk?

    I’d rather get my hair cut by a pork eating, drunken, Icelandic jew than bid stocks higher now.

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  7. Fly, someone is trying to steal your brand
    Fly, someone is trying to steal your brand

    http://www.techcrunch.com/2008/08/05/flypaper-raises-35-million-for-interactive-presentations/

    are you branching off?

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  8. Drunken Icelandic Jew
    Drunken Icelandic Jew

    Zulu,

    Fuck off.

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  9. Sober Icelandic Jew
    Sober Icelandic Jew

    Shalom.

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  10. Dinosaur Trader

    Yo, I died today. There is no afterlife, so I came back.

    -DT

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  11. recusancy

    What’s the risk getting short LEH here before the FED announcement? It’s looking like a bearish wedge is setting up on it.

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  12. Pork Eating Drunk
    Pork Eating Drunk

    Zulu … go fuck a Masai Warrior, then get a haircut, then cover your shorts

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  13. TraderCaddy

    Shorting IWM (Russell etf) for a scalp or two.
    Update- IWM is dead but if the market corrects intraday here IWM etf is the one to daytrade short.

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  14. haileris

    Fly, someone is trying to steal your brand:
    Only douchenozzles that would use Flockdup read the Techcrunch. Fucking “thoughtleaders — let’s make everything social“.

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  15. chivasontherocks
    chivasontherocks

    http://www.youtube.com/watch?v=s8MDNFaGfT4

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  16. Hammer

    I’m getting bitch slapped by this punk TCB.

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  17. Jakegint

    Chivas, banana you, but that said, that shit needs to be embedded because it’s even funnier than the monkey:

    _

    Update: Lyrics!

    It’s peanut butter jelly time, peanut butter jelly time, peanut butter jelly time

    (Chorus:)
    Where he at 4x
    There he go 4x
    Peanut butter jelly 4x
    Do the peanut butter jelly, peanut butter jelly,
    Peanut butter jelly with a baseball bat 2x

    (Chorus)

    Now, break it down and freeze 4x

    (Chorus)

    Now tic tac toe (uh-huh)
    Tic tac toe (let’s go)
    Tic tac toe (you got it)
    Tic tac toe (let’s ride)

    (Chorus)

    Now, freestyle, freestyle, freestyle, freestyle, freestyle, your style 2x

    Where he at 4x
    There he go 4x

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  18. Hotentot Bushman
    Hotentot Bushman

    Hey, pork eating mon, I can get somma thet action?

    __

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  19. chivasontherocks
    chivasontherocks

    Jake,

    LOL

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  20. calvino

    There is an eerie quiet here. Are we all crestfallen, defeated by the antics of the bearded rat and lying Hank. I do not see this 280 points staying on the tape. I also do not see lvs and mgm maintaining these pumps of nine percent. Not even tomorrow. I do not hold positions in the overnight anymore. Like Sedacca said, who know what kind of shit is going to be pulled we we get up. I am paraphrasing of course. Nevertheless. I will decide withing fifty minutes.

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