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
23,428 Blog Posts

SLOW DOWN

Risk is off. Don’t let the late day respite fool you. XLU is leading the charge and a wide array of risk stocks are off.

How can I prove it?

Inside Exodus, I keep a ‘Bubble Basket’ to assess the risk climate of the tape. The basket is comprised of high risk/high reward plays. This is the 3 mo chart.

 

Bubble

Into the bell, I am upwards of 25% cash. I hold only a few trading positions now: ONCE, AAPL, CYBR and SBNY. I’ve been whipsawed over the past two weeks, shedding more than 6% from the highs. I need to slow shit down, up the market cap of my holdings and reduce the volatility.

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18 comments

  1. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    Even though you told me to Fuck Off today I see you are taking my advice. I will interpret your fuck you as a thank you.

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    • Dr. Fly

      I didn’t take your advice, fucked face. I generally ignore your whispers. If you said any of this shit to my face, I throw mayonnaise at you.

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  2. og

    Fuck Stoppelman and Yelp!

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  3. gapfiller

    Love the picture accompanying the headline.

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  4. it is showtime
    it is showtime

    if isis does NOT hit July 4
    escalating. will sometime

    you, general public guy,
    your high high stocks
    you, dumb public guy,
    should be clamoring
    for rational stocks

    youre NOT. and you will be
    Violently hit. when Shock comes

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    • gapfiller

      Thanks, “it is showtime.” This is the kind of clear, cogently articulated advice I seek when looking for guidance on critical financial decisions.

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    • BlueStar: Contrarian Investor
      BlueStar: Contrarian Investor

      huh?

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      • it is showtime
        it is showtime

        Headline-risk will become a factor again ‘someday’
        Right now people are confusing manip’d markets
        For headline-safety

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  5. sarjoy

    So Fly has $5,000 in a money market account…….

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  6. matt_bear

    What about the exodus trade of the day from June 26th????

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  7. bexpo

    Happy 4th Fly –
    Enjoy Teenagers & Mrs. Fly!
    Next week market can go Back To The Future with no more repeats.

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  8. jimmyb

    the aluminum man appears to be made of glass….

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  9. maybe

    what happened to you homy rick ross…have you visited him in jail yet

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