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Dr. Fly

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.

Stocks that Are Bucking the Trend, Up in Down Market

Stocks that are bucking the trend, going higher in an awful tape, are:

GMCR +27%

HGSI +9.5%

FCEL +8%

SBUX +7.5%

IRM +6%

BIOD +5%

HRB +5%

DAL +5%

It’s worth noting, airlines are doing exceptionally well today, as oil declines, with gain in UAL, AMR, DAL and LCC

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Gold and Silver Stocks Plunge

The commodity itself is undergoing a rather tepid pullback, with gold off a little more than 1% and silver 3%. However, the hot money is running for the exits in the equities. A great man once said “stocks take the stairs up and a lunatic elevator down.”

Data provided via The PPT:

AG Silver -11.46
GPL Silver -10
EXK Silver -7.7
SVM Silver -7.53
SSRI Silver -6.31
SIL Silver -5.75
SLW Silver -5.69

KBX Gold -10.56
VGZ Gold -7.99
CGR Gold -7.59
NAK Gold -7.51
UXG Gold -7.34
NG Gold -7.19
NSU Gold -5.98

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Inverse ETF’s Soar As Market Plunges

Just in case you were pondering where to put your money the next time the market craters, take a look at today’s melt up in some of America’s finest weapons of financial destruction.

TVIX +9.7%
ERY +8.07%
SOXS +7.4%
EDZ +7.29%
ZSL +6.71%
TZA +6.16%
DUG +5.49%
EEV +4.89%
SMN +4.85%
VXX +4.59%
SPXU+4.58%
BGZ +4.5%
FAZ +4.38%
TWM+4.11%

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The Fear is Gone Again

Meh, this sort of tepid action in the futures, coupled with a mildly lower Europe has me second guessing my lack of faith in THE BEARDED CLAM. If I sell my APC position right now, I will book a 4.5% loss and raise about 10% cash, sending my cash position near 20%. That, my friends, is one of the added bonuses attributed when you buy shit in size. Most of you ham and eggers have little female positions, no offense to the women of iBC. I hope you understand that I respect the women in this business 100x more than the pikers who come to work everyday dressed like imbeciles.

I’m still liking and feeling shares of OPEN and may add to the position. It’s one of those stocks that if I sell, I am certain it will haunt me. I have bought and sold the name so many times before, much to my chagrin. I know valuations are stretched and the stock can pull back a little here; but they are a dominant force of nature. Hey, you dicksuckers in Kansas have no idea what I am talking about, due to the fact that you probably don’t have restaurants over there. You probably eat beans near the old campfire, fart it out, then go to bed. However, here in the civilized world, Opentable is a beast.

As an aside, I am pleased with iBC’s first day of delivering relevant news and information to the general public aka “the unwashed.” I hope you finance site fuckers out there fear my brand, for it is coming for you. You competing with me is like La Jolla competing with China on a manufacturing level. I have an army of supporters that will spit out content for mere pennies on the dollar, while you churn through VC money like an addle-brained donkey puncher on a credit card shopping excursion.

Here is our news page, where you will find our archives and remember to follow us on Twitter, in order to get alerts in real time.

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Flash: Green Mountain Coffee (GMCR) Shares Surge by 25% on Starbucks (SBUX) Deal

The rumor has finally been confirmed: Starbucks will sell its coffee and tea products via Green Mountain’s Keurig single server machine of wonder and amazement. As a result, shares of Green Mountain Coffee (GMCR) are surging this morning, now up more than 25%.  It’s also worth mentioning, shares of Starbucks (SBUX) are plowing ahead to the tune of 8% too in early pre-market trading.

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Flash: Moody’s Downgrades Spain to AA2 from AA1, Outlook Negative

Lo and behold, the tea bags over at Moody’s now cite a negative outlook, due to Spain’s lack of money. Just 3 months ago they said “outlook stable.” Moody’s believes the cost to restructure Spain’s abysmal banking system will cost much more than projected. Hence, they’re all bearish and shit now.

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BE AFRAID. BE VERY AFRAID

That’s it, I’m officially spooked. I don’t like the tone of everything; it’s so fucking ominous. By hook or crook, I am raising cash tomorrow and I might throw on a short sale or two, in order to protect my winnings. As much as I would like this market to break out to the upside, it’s apparent to me that risk is becoming a bad word. And plus the dick-suckers from HCA are coming public again. This just wreaks of market top.

My favorite hedge, under normal conditions, would be SCO. However, the beasts from the middle east have ruined that trade. I might go with something more traditional, a classic ETF like TZA or EDZ. I don’t mind getting electrocuted in one of those fuckers for a few days. They’re just trades people. There is no reason to over-think this shit.

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Asian Markets Tumble and U.S. Futures Crumble

As battles rage in Libya, oil futures firmed up by .30, on fears of additional supply disruption. At the same time, inflation is running hot in Asia, as evidenced by Korea’s February PPI data, rolling in at a smoking hot 6.6%. As a result, they raised rates to 3% tonight. At the moment, Australia is down 1.5%, Japan -1.4%, Korea -1.1%, and Hong Kong 0.6%.

Moreover, Chinese exports unexpectedly cooled in February, growing by just 2.4%, while imports surged ahead by more than 19%. And, to make matters worse, Japanese GDP shrank by 1.3% last quarter, as that nation is embedded in the most fucktarded deflationary vortex since the Romans let the Barbarian hordes permeate their city walls.

U.S. futures are trading more than 10 points below fair value on the S&P.

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Biggest Private Equity Deal Ever Coming Public: HCA

The largest private sector hospital in the country, HCA, priced to ipo at the high end its range at $30. They are expected to begin trading on Thursday.

Back in 2006, private equity vampires took HCA private for $21 billion and shortly thereafter began to bleed the company out, taking more than $4 billion in divvies. Fast forward 5 short years, Bain Capital, KKR and Bank of America Merrill Lynch, alongside the southern gentlemen corralled in the Frist family, are cashing the fuck in, netting a tad more than $468 millski. Not bad for a deal built entirely on debt.

It’s also worth noting, HCA will come public with more than $25 billion in debt and do not stand to benefit from said offering.

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