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
23,439 Blog Posts

Easy Money

“The Fly” has been running errands all morning, based upon the strict directives of Mrs. Fly. Sometimes one must give in order to take. In my case, life is whimsical. While there is lots of work to be done, buying presents for distant relatives, who happen to be asshats, move up the ladder of importance this time of year.

As for the markets:

Other than sporadic text messages and annoying emails, I’ve been out of pocket and have no feel for today’s tape. However, my overall opinion is that we are to trade higher, into the new year, BROKEN ROBOT style, as if the Goldman machines lost their fucking minds or memory chips.

I see NVIDIA Corporation [[NVDA]] is breaking the fuck out due to Intel Corporation [[INTC]] delaying a graphic chip. Big fucking deal. People just want to go long, you stupid son of a bitch. Don’t you get it already?

I will not speculate over the specific reasons why stocks are trading higher. Instead, I will just tell you to follow the trend and ignore what the pundits have to say, especially the bearish ones. Those fucking clueless cocksuckers are right once every 20 years. Believe me on this one. If you are into warm clothes, shelter, food and family, heed my advice and follow the trends. However, if you are an ideologue with goat brains, keep reading the assholes.

For new positions, tech looks best to me, specifically my 4g thesis names, like F5 Networks, Inc. [[FFIV]] , Syniverse Holdings, Inc. [[SVR]] and Akamai Technologies, Inc. [[AKAM]] . And, for a gamble, small float fuckers are ripping, like [[RINO]] , [[HEAT]] , ZHONGPIN INC. [[HOGS]], China Digital TV Holding Co., Ltd. [[STV]] and [[YONG]] .

If you enjoy the content at iBankCoin, please follow us on Twitter

16 comments

  1. vking

    V.King wuz here

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Dr. Incognito

    Why hate on NVDA? Look at AMD, all that company does is lose money, lining the pockets of inept management. Hate on them instead.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • DPeezy

      You forgot the part of AMD’s business plan where they just sue Intel every ‘x’ years to stay afloat and catch up in technology.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • vking

        indued

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • TheArtist

        seems to be working well for them….

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • DPeezy

          Yeah, it’s not a bad plan, to be sure.
          But notice that they did the best when they actually innovated and bettered Intel’s products. The Athlon architecture reigned supreme…but they weren’t ready for the complete reinvention that Intel pulled out of its hat with the Core line.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  3. jjjsix6

    Some one once told me buy on the rumor, sell on the news. I bought Boeing on the rumor the 787 would fly by years end and that has work great so far. Should I sell the day the 787 fly’s or do you think it would be prudent to hold on for awhile afterwards? I definitely want to hold onto the stock till Jan 1st for tax reasons but I could buy a put option to lock in my gain.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Mr. Cain Thaler

      If someone wishes to object to this opinion, feel free, but I’d say you should lock in the gains, however you think it best to do so. Aeronautical companies are notorious for handing out “you lose” cards at unexpected times. They have high exposure to regulation and all the fun games that go with it.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • vking

      If I was you I would read The V.King blog…then Vote 5 or Die…then do 25 squat thrust…..then put a SELL Limit on BA @64.25…then go for a brisk jog…then re-check the V.King blog incase he wrote anything new…

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. GW

    Fly,
    Any chance the tables could turn for the bulls? As far as the 20 year ding on the bears….
    The calculator brain & the PPT product of such brain were very helpful determining momentum ! But can we endless print, rack up debt, and not produce. Service jobs can vanish quickly in a cash strapped economy.

    Lets hope the bears are wrong! Perhaps foolish fear does rule the day.

    • 0
    • 0
    • 0 Deem this to be "Fake News"