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
19,896 Blog Posts

Moving Day — A Tactical Shift to Cash

I cashed in some of my chips today, opting for cash as I will be busy the next few days with my move to NC.

I sold STMP +5.7%

AYX +4.7% (OVERNIGHTER)

OKTA +4.3%

DRIP -1.8%

Considering this ball breaker of a market, the ding in DRIP is wholly acceptable.

More later, maybe. Fucking busy here you know.

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21 comments

  1. RaginCajun

    Safe travels blog father. Good luck with move.

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  2. acehood

    Looking forward to details of the harrowing havoc that is moving day.

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  3. cancel19

    Dr. Fly, a heart felt welcome to Dixie!

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  4. ferd

    Note to Yankees: with Fly now located in the south, be courteous and understanding …type slowly …use small words.

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  5. numbersgame

    Based upon NFLX’s continued weakness, I closed the short leg of my vertical spread (increasing the risk and leverage) and bought some OTM AT&T Calls to hedge it against bullish market trends (ie, short NFLX / long T)

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  6. it is showtime

    Here’s your festering trade deal
    The one that indexes were force-surged-on 8 months ago?

    Trump OKs F16 Taiwan Deal; Beijing Says “Consequences” Coming
    Beijing will take “countermeasures” and impose serious “consequences” on Washington for its fast-moving deal to sell 66 F-16 fighter jets to Taiwan.
    “The US has to bear all consequences triggered by the sale,” Chinese foreign ministry spokesman Shuang said. “China will take necessary measures to defend self-interest”

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  7. numbersgame

    An IPO to avoid:
    https://www.profgalloway.com/wewtf (saw it on ZeroHedge)

    Don’t try shorting it, either, as Wall Street could spike it and call in your shares before it plummets. Just let this one quietly die. One thing that will be interesting: after the IPO, you check it out and see who the main (bag)holders are. I’m particualrly interested in which (if any) Institutional Investors take this bait.

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  8. ferd

    Geez N.C., he’s not THAT bad. https://www.charlotteobserver.com/news/local/article234211482.html

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  9. ferd

    Trump on Himself: https://www.youtube.com/watch?v=8ivmlGVDZck

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  10. notdeadyet

    “CASH?” HAHA!: Here’s the essence of moneychangers, including Trump’s cronies: (ff to 2:20 et seq):

    https://www.youtube.com/watch?v=hn-6lE9ERW4

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  11. ferd

    Below /es 2922, this could become an ugly close.

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  12. acehood

    I thought Fly said no days off.

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  13. trumpmeister

    It’s time to take off that fake surgical suit and put on a MAGA hat like a real champion.

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