The Best of iBankCoin This Week: 2/3-2/9/2013

Fly

It’s a Roaring Bull Market

Rumored New Energy Secretary, Ernest Moniz, is a Nuclear Bull

America Is High Off Marijuana Stocks

Chess

Stock #Market Recap 02/06/13 {Video}

The Biggest Afternoon

Keep Those Shorts in the Red Underwater

RC

Silver Anyone?

Superbowl Commercials – Winners

The Super Bowl Blackout Was Incredibly Eerie

Rhino

I Could Walk Away Right Now, But…

Finally a Weight Lifted? $EXK

Wood

$SPY Performance Over Next 5 to 8 Days May Be 2x Better Than Average

Will Football As We Know It Be Dismantled by the Media?

Raul3

Surfer Kills Psychopath With Hatchet

Eyes On $ZNGA

Elizamae

Portfolio 02/01/13; The Well, That Sucks Edition

So You Think You’re Tough?

Jakegint

Crackberry Alert: SuperBowl 3rd Quarter

Caine Thaler

Well This Is Strange

Scott Bleier

Signed, Sealed & Delivered

I know Joe Terranova might not be the ideal role model in the investment community, but how about his god damned employers, VRTS?

$14 to $160 without a soul talking about it.

We all gallivant (some gallivant more than others) around town, looking for the next AAPL. But while we juggle pinless hand grenades, the asset managers steadily progress higher. In my opinion, this is a no-brainer, low risk trade, in a bull market. You might be a horrendous stock broker; but there are highly successful people in the field of asset management.

Feel free to suck from their tits (female) and ingest their milk (no cow).

As assets increase in value, fees increase. Moreover, as the market advertises itself by making new highs, more money is tossed into the market, further enhancing the fees our beloved money managers procure.

Here are the top 25 performers, over the past 6 months, in the asset management space.

No.	Ticker	6-month Return	Industry
1	VRTS	89.67	Asset Management
2	PJC	88.85	Asset Management
3	AB	74.20	Asset Management
4	APO	73.08	Asset Management
5	EVR	62.61	Asset Management
6	WDR	46.22	Asset Management
7	EV	44.62	Asset Management
8	BLK	39.56	Asset Management
9	BX	38.25	Asset Management
10	LAZ	36.56	Asset Management
11	FIG	36.27	Asset Management
12	OAK	35.95	Asset Management
13	PZN	35.60	Asset Management
14	SEIC	33.25	Asset Management
15	CG	32.72	Asset Management
16	WETF	32.01	Asset Management
17	KKR	30.36	Asset Management
18	FII	30.31	Asset Management
19	JNS	29.52	Asset Management
20	REXI	26.62	Asset Management
21	MN	26.05	Asset Management
22	TCAP	26.01	Asset Management
23	OZM	25.87	Asset Management
24	AMG	25.51	Asset Management
25	BK	24.49	Asset Management

I am long BX until $21.

I started a new position in BX.

Disclaimer: If you buy BX because of this post, your new pirate ship will take on water and sink to the bottom of the ocean. And, you may lose money.

I sold out of both positions.

New buys to follow.

I know the globally warmed winter has spoiled you with balmy weather. But tonight you are going to be reintroduced to a blast from the past, Old Man Winter. He lives in Boston, apparently, and he’s going to bury you alive.

By this time tomorrow, your towns will look like Pompeii. Instead of hot lava pouring down on your towns, incinerating everything in it, the exact opposite will occur.

EVERYBODY IS GOING TO FREEZE TO DEATH BY WAY OF THE ICICLE.

Grocery stores (SWY) will soon sport bare cupboards, thanks to the elimination of the North East highway system (GVA)–shut down, enshrouded by snow. Criminally insane (CXW) people will roam the streets in search of milk (DF), eggs (CALM) and bread (FLO). You will be forced to beat them about the head and chest to keep them out of your home, or perhaps shoot them in their heads (SWHC)– as the fight for survival hits a fevered pitch.

Do yourselves a favour and travel (Pii) to your local WFM or TFM to stockpile up on at least 6 months worth of canned goods (BGS), preferably organic (HAIN). Buy lots of rock salt (CMP) and plenty of shovels (LOW). While you’re at it, buy a few generators (GNRC), along with at least 10 containers (Justrite, privately held) of gasoline (WNR).

Brace yourselves, alongside a black mug filled with the blackest coffee (GMCR)– and some snacks (LNCE). Watch a few comedic films (NFLX) and spend some quality time with your loved ones (CHD, FHCO)– for your days on this earth are quickly drawing to an end (CSV).

Esteemed gentleman from the deep, deep south, Ragin Cajun, would like you to post charts on his new hobby called Chartpin.

The Chartpin, as far as I’m told, is a place where vagrants and gentlemen alike mingle over flaming barrels of garbage to discuss witchcraft. Shortly, this discussion will continue into other venues, such as Apple iPhone and Adroid apps, so that you, the people, can forgo actual reading, learning about companies and such, in exchange for hedonistic-reactionary lifestyles.

When you see a chart that makes geometric sense, mortgage the house and bet on it!

Such genius, such japery of the human intellect, can and will be found– exclusively– in the deepest, most southern, part of the interwebs: Chartpin.

We’re gonna raid the bears’ citadel tomorrow and pillage them, cut their heads off and make soup from their brains. It’s horror show trading for short sellers, no way out of the world’s dumbest companies in existence. They had the ball rolling downhill early, only to have their balls slices off late in the trading day.

I am buying housing related stocks on any dips. I started a new position in RH today, to offset Mrs. Fly’s spending sprees there. Just know and understand, the market is going higher and there is nothing you or your stupid friends can do about it.

Although I shed 0.4% today, “The Fly” is more powerful than ever, working diligently in his laboratory (you call it office), concocting new plans to separate himself from his newly minted neighbors. Spring renovation season nears and “The Fly” intends to have the jackhammers echo throughout the neighborhood, vexing everyone who has ears.

One more thing, I am looking forward to a decline in Japanese stocks. Let the goat-faced sellers denigrate the shares of HMC and SNE. We will snap them up and break their horns off.

I started a position in RH.

Disclaimer: If you buy RH because of this post penis will be castrated. And, you may lose money.

In the first part of this post, I highlighted industries that have underperformed the SPY over the last 12 months. What I am looking for is the next housing sector or the next solar surge, but in something that is currently being discarded. I put together a watchlist consisting of one stock per industry for all of the underperforming industries that was highlighted before.

What you want to look for is a total sector turn around, not industry outlier. You don’t want to get lucky with one stock that magically outperforms all others. That’s a very hard trade. The easier trade is to buy into a sector that is undergoing revival. Unfortunately, it is extremely hard to time fundamental turn arounds by looking at the numbers. However, you can act upon technical improvement and cross your fingers for the fundies to catch up later.

Here is the watchlist.

If you start to see outperformance in any of these names, investigate further into their respective sectors and see if a high tide is prepping up all boats. Members of The PPT can track this watchlist here.

I’ll get to stocks later, but I wanted to mention this first. If you recall, in 2011 a top secret drone was “captured” inside of Iran by the people with towels wrapped around their heads. Instead of having the drone destroyed, which is always the preferred course of action during situations like this, Obama elected to let the Iranians have the drone. There is no two ways about it.

Well, BEHOLD (try not to get too mad)

Iran has long claimed it managed to reverse-engineer the RQ-170 Sentinel, seized in December 2011 after it entered Iranian airspace from its eastern border with Afghanistan, and that it’s capable of launching its own production line for the unmanned aircraft.

After initially saying only that a drone had been lost near the Afghan-Iran border, American officials eventually confirmed the Sentinel had been monitoring Iran’s military and nuclear facilities. Washington asked for it back but Iran refused, and instead released photos of Iranian officials studying the aircraft.

The video aired late on Wednesday on Iranian TV shows an aerial view of an airport and a city, said to be a US drone base and Kandahar, Afghanistan. The TV also showed images purported to be the Sentinel landing at a base in eastern Iran but it was unclear if that footage meant to depict the moment of the drone’s seizure.

In addition, the TV also showed images of an Iranian helicopter transporting the drone, as well as its disassembled parts being carried on a trailer.

In another part of the video, the chief of the Revolutionary Guard’s airspace division, Gen. Amir Ali Hajizadeh, said that only after capturing the drone, Iran realised it “belongs to the CIA.”

“We were able to definitively access the data of the drone, once we brought it down,” said Gen Hajizadeh.

He described the Sentinel’s capture as a huge scoop for Iran, saying that at the time, Tehran did not rule out a possible punitive US air strike over the drone.

Iranian officials have accused the US of stepping up its espionage activities against Iran as part of intensified Western efforts to force Tehran to abandon its uranium enrichment programme, a key aspect of its disputed nuclear programme. The US and its allies suspect Iran may be trying to develop atomic weapons, a charge Tehran denies.

In an attempt to embarrass Washington, Iran has claimed to have captured several American drones, most recently in December, when Tehran said it seized a Boeing-designed ScanEagle drone – a less sophisticated aircraft – after it entered Iranian airspace over the Persian Gulf.

US officials said there was no evidence that the latest claims were true.

How generous of our government to bestow space aged technology to people who would love nothing more than to stick a few nu-ku-lar devices inside of our Christmas trees.