iBankCoin

I BOUGHT A CHEAP CHINESE DATE

I sold out from QLYS for a glorious cyber-security styled win. With a small portion of the winnings, I bought DATE–chinese online dating venue, whereby celestials meet one another for the explicit purposes of fornication, without (god forbid) bearing offsprings.

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Low Hanging Fruit

First, go check out both 12631 and After Hours with Option Addict today, free from charge until Sunday.

All jokes and threats against your person aside, I am off to a great year, up more than 31.5%– with hardly any big winners. I’ve been playing small ball all year, cutting losses at 5-10%, and booking gains at 7-15%. On a few occasions, I’ve had 20% winners, but not too many. My win ratio has been very high and my allocation superb. My longer term gains are up much more than my trades, such as SLCA, HAR, PANW, BX, HCA just to name a few.

Which begs the question:

Why bother trading at all?

For one, it’s fun to explore new ideas and be on a conquest for greatness. Even if I never accomplish the great find of a lifetime, I am sure to have fun trying. That’s what this is all about, isn’t it? We can hem and haw all we want about outperforming the SPY and catching nice trades. But, condense it all, and what we really want are life altering gains, which is why I built Exodus and why we keep adding functionality to it, in order to give us an edge in a fast pace world.

Up so much for the year, in the middle of June, I’ve opted for a conservative approach, via XLU and GDX positions. They are #1 and #2 in position size and I am only looking for 5-8% on them, nothing too dramatic. I consider them to be ‘low hanging fruit’ and I intend to eat them.

The Fed is accommodative. Yields should come in; and when they do, rate sensitive stocks–like XLU–should recover. Gold is a your typical inflation trade, something central banks have been trying and failing to create for several decades now. Talk all you want about fiat currency and how runaway inflation will eventually lead to its demise. I’ve yet to see evidence in first world countries of inflation being something even remotely troublesome, let alone possible.

Top momo idea: QLYS

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INDEUD

X-mas come early for you lads today. Very soon, we are opening the floodgates to both 12631 and After Hours with Option Addict, permitting free access until Sunday. Quite frankly, The Option Addict has never, ever been hotter than he is now. It is truly something to BEHOLD and I entreat you all to enjoy the splendour that is the 12631 trading room and bathe in the excessive monies being made on a daily basis via Jeff’s After Hours with Option Addict service.

The good folks at iBankCoin are always generous and charitable to its readers and members alike. If you like to trade and make money in stocks, without holding 77% cash positions in perpetuity, I insist that you take me up on my offer and register to gain access, free from charge, tonight.

I banked 0.9% today.

Top picks: GDX, XLU, QLYS, BITA.

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I’M ABOUT THAT GOLD LIFE

You never thought you’d bear witness to Le Fly getting long gold, eh (extra Canadian)? That’s because I bowl on you pinheads without regard for my own personal safety.

While the lot of you bluebeards run about the playground, to the bedevilment of society at large, “The Fly” is partaking in a trade that will catapult him into the ranks of legendary space alien magicians (SAMs), unseen since the lads back in the times of the Pyramids.

I ADDED TO MY FUCKING GDX POSITION, and did so of sound body, mind and black soul.

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THE ECONOMY SUCKS: GET LONG STOCKS!

The Fed just said absolutely nothing, other than acknowledging the economy sucks. Ergo, they will base any rate hikes on the data. We all know the data will blow. As such, dollars down, stocks up.

On this move, I like gold, via GDX. To hedge it, I like utilities, via XLU. In an ideal world, both will go up, as the utes have been beaten to pieces recently.

This is reflation, a do nothing Fed, with a green light to stay long equities.

Party on.

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I’M A UTILITY PLAYER

It’s important to note that although I am still partaking in parlour games and gambling amongst the canaille, I am still anticipating a dark aged style decline in the broader indices. My largest position is XLU, followed by QLYS and then GDX.

I invite you to get your affairs in order and see to it that your offspring are inserted into the living will and testament. Those wives cannot be entrusted with money for any extended period of time. They’ll likely spend it all on hand bags and luggage.

In the event the Fed says magical things and sends stocks higher, I have 30 horses to take to the promise land. If in fact we head lower, I have several positions, along with ample cash, that will permit me to buy the carnage and isolate me from the bedraggled fate of the Third Estate.

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The World is My Clam

QIHU announced a “going private” transaction this morning, a bid, mind you, from its scandalous CEO. We get these so called bids every morning. Hell, I might as well profit from it. I missed out on the sky-penis (DSKY); but I will not miss out on BITA. I am long BITA and looking forward to its very own “going private” transaction in the coming days and weeks ahead.

Markets are strong like filterless camel cigarettes today. I just bought some ARWR, sort of leisurely as I was making my way to the second course of my 10 course breakfast meal. I was sitting here laughing at Howard Lindzon’s grammatical errors and then it dawned on me that I should buy ARWR. Why you ask? I like how the ticker symbol sounds as it rolls off my tongue, especially when I am drinking prosecco. It reminds me of an arrow. I’ve always been fond of arrows. Someone told me they had some hepititis drugs too. As long as the stock goes higher, I will continue to own it.

Look you, I have a lot of irons in the fire, so to say. I realize that to you the stock market is a place of misery, one of wanton capital losses that has kept you restricted to an onerous blue collared lifestyle. But to others, the stock market is a like a personal counterfeit printing press. I see the money coming out from it. But I didn’t really earn it, per se? Not really. I mean, I just made $100k in the time spent writing this blog. Did I earn it, or was it simply bestowed upon me?

Thank you very much Sir. I’ll have another.

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Bear Witness to the Death of an Industry

When Obama was elected in 2008, everyone on Wall Street said “oh well, the coal stocks are fucked,” sort of tongue in cheek. During the 2012 elections, at a time when Romney was up in the polls, coal stocks ran like canaries in the clean fresh open sky. After Obama won, I vowed to never buy a coal stock again.

The entirety of the industry is bankrupted, 100% thanks to the EPA. Now I struggle with this because I fucking hate coal, with every fiber of my being. I want to pelt coal executives in the heads with sharp coal digging shovels and blow up their harems with truckloads of their fucking byproducts. On the other hand, the good lads working in West Virginia, acquiring the black lung free of charge, will now need to find work elsewhere. Quite frankly, all of those people are too stupid to do anything else, other than pick rocks out from the mountains of Appalachia. And, by the way, “The Fly” never digresses, not even for a solitude second.

Perusing the masterpiece that is Exodus tonight, I am stunned by how fast and furious the dissolution of the coal industry has been. Once great names, like WLT, BTU, ACI and ANR, are now on theĀ road to Valhalla. You should bear witness to this because it’s the beginning of the end of an ancient industry. A clownish industry that once tried to refurbish their dastardly product as ‘clean coal’, but now reduced to the ash from President Obama’s newport cigarette (extra menthol).

Now it’s just stupid coal.

BTU

ANR

ACI

WLT

https://www.youtube.com/watch?v=OqAlMItkV44

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Hard to Keep a Bull Contained

Today is the reason why I opted for cash-utilities-gold when placing defensive positions. We do not go down. Dips have been very shallow. Inside of Exodus, all short duration algos are extremely sensitive to any market sell offs and immediately flag oversold. The results have been flawless and it’s a fools errand to try to place any size on the short size.

My swap of CYBR for QLYS yesterday and subsequent add today has netted superb results, thus far.

Banks are ripping heads off, retard strong. My SBNY presses its gains on a daily basis, as does PANW, BX, BID and many others.

All in all, life is a soliloquy of harmonious symphony, ebbing and flowing through this gilded age of excess. The players come and go and the background decor changes with every passingĀ theme. Hobson’s Choice is presented on a daily basis for market participants. If you’re interested in making money in the stock market, you’re either long equities or not in the market at all.

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Now Baseball Teams Are Hacking

Oh fuck this shit. The FBI is investigating the St. Louis Cardinals for hacking the Houston Astros? If this doesn’t scream out GET LONG SOFTWARE SECURITY STOCKS, nothing does.

I added to my QLYS position and still hold decent size in RDWR and PANW.

For the day, I am up 0.25% so far.

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