The Turkey Gods Are Coming

Developing…

…Green Mountain Coffee Roasters Inc. [[GMCR]] is deeply oversold.

One of the little tricks of  The PPT is knowing how to determine Oversold/Overbought ranges, using historical records, made readily available to all subscribers.

At the risk of putting a foot in my mouth, I will tell you, with a great deal of confidence, GMCR is nearing the bottom of its trading range. Historically, the stock HAS NEVER registered a technical reading below 1 (strong sell), until today of course. At the close of trading today, the stock closed down $1.48, with a technical score of just 0.94 aka NEW ALL TIME LOW. What does this mean?

Well, for one, it means the stock has been very weak. However, historically, the stock bounces rather quickly whenever The PPT grades it below 1.15, on a technical basis. For the most part, the fundamental score has been flat to up, at around 4.20 (strong buy).

The last time the score was in this ballpark was on 11/6, registering a score of 1.10,  when the stock was  trading at $67.61. Three days later, the stock hit a high of $75.91. Prior to that,  on 10/30, the score hit 1.12, when the share price was at $66.55. However, after three days, the stock only gained .30. Lastly, on 8/19, the score hit 1.15, when the share price was at $55.61. Fast forward three days, the stock was above $58.86.

Life is all about putting your balls on the line, gentleman. Today, I stepped in and bought more Green Mountain Coffee Roasters Inc. [[GMCR]] . Let’s see what the stock Gods have in store for me.

EXCLUSIVE: Pics of “The Fly’s” Keurig in action, a must have for all of you “coffee players” out there.

NOTE: Go check out iBCNEWSBOT3000 on front page. We will provide up to the second news flow, from a variety of reliable sources.

Indeud.

BAC Bank of America: Fitch places Bank of America’s Individual Rating on rating watch positive (16.19 -0.09) Fitch placed its ‘D’ Individual ratings for Bank of America and its operating subsidiaries on Rating Watch Positive. Fitch has affirmed the Issuer Default Ratings (IDRs) of BAC and its subsidiaries, which are derived from U.S. government support and continue to carry a Stable Rating Outlook. Ratings of long and short-term deposits, long-term and short-term debt, and subordinated debt (with the exception of First Republic Bank are affirmed… BAC’s overall risk profile has begun to improve, with the potential for requiring additional government support or needing to omit dividends on preferred stock beginning to recede. Accordingly, Fitch has upgraded the preferred stock rating of BAC to ‘BB-‘ from ‘B.’ At the same time, Fitch has placed all preferred and trust preferred ratings of BAC and its affiliates on Rating Watch Positive. Earnings remain under pressure, as BAC posted a narrow loss to common shareholders in the most recent quarter after noncash and nonrecurring items are factored out. Asset quality problems remain severe, with loan loss provisions remaining high. However, with a recent slower rate of deterioration in problem assets the pace of reserve build has begun to decelerate, which could indicate the potential for a near-term peak in problem assets.

NOTE: Mr. Woodshedder is about to launch his Power Dip System. Check it out.

So many of you have emotional issues, stemming from your desire to be heard/noticed. Quit being so damn emo, especially when it comes to the markets. No one cares about your damn conspiracy theories, whether it be Federal Reserve secrets, Goldman Sachs’ crimes or “Bush did it.” Frankly, I think your life is a pathetic waste of time.

The reason why I don’t read blogs, especially financial blogs, is because 99% of them are either technical analysis based or of the conspiratorial cloth.

This here, buying and selling securities, is a very easy business. All one needs to do is find the stocks that are going up before everyone else does. It does not require that you embarrass yourself with worthless blogs, discussing far fetched theories of improprieties. America has become a classroom filled with Glenn Becks and I’m not gonna take it anymore. The next person to talk crap about Goldman Sachs, on this site, will be banned.

That’s right. I am siding with the “bad guys,” who happen to be the envy of global banking. I’m sure you ham and eggers would prefer Goldman to be a bunch of losers, like GM or AIG, so your newly minted communist government could bail them out and have them sucking on demoncat nipples.

My point is this: I don’t care about the noise. This website is not dedicated to the losers who talk a lot. We bank coin here, at least most of us do. So, before opening your big fat face, do yourself a favor and check your tin foil hat at the door.

This is stupid. I object on principle alone. I cannot fall into lock-step with the notion that the stock exchange must mirror the dollar at all times. Frankly, it’s a little insulting to my intelligence and makes for an awful marketplace.

You know, it’s bad enough that I have to trade in a manipulated market. Now “they” want me to discard all of my gifts and simply pay attention to the dollar-dow paradigm. Once again, I protest on moral/religious grounds. My religion dictates that I cannot kowtow to the dollar-dow paradigm.

With my money, I’m on protest, so it really doesn’t matter what I like or dislike, now does it? But if I wasn’t protesting, I might say “hmmm, this W.W. Grainger, Inc. [[GWW]] looks interesting over here.” But to be honest, all of the fun is being sapped out of the market. You go tend to the dollar fields. “The Fly” will be busy planning for Turkey Day.

UPDATE: I bought a little Green Mountain Coffee Roasters Inc. [[GMCR]] and sold most of [[ENTR]] /

Shares of Origin Agritech Ltd. [[SEED]] exemplified the recent run in ag names today: stupid. It’s all the same story: massive reallocation of capital from dollars into commodities. The scary thing is, if the dollar should ever surprise everyone and boot stomp higher, the entire commodity space will get obliterated, starting with the bow tie of Jim Rogers, cascading down to “The Commodity King,” Dennis Gartman.

I am long The Mosaic Company [[MOS]] , as a long term hold and have no intention of selling at the moment. However, let’s face facts, ag isn’t running because of population growth in China. It is running because of excess liquidity, which is the exact same reason why real estate became a bubble in 2006. Frankly, our great nation is heading for another calamity. This time it will afflict and milk the farmers, sending those stupid bastards to the poorhouse for good.

I have no estimate on this prophecy, only that it will happen, as sure as I am sitting here laughing at you clowns for having such poor taste in business attire.

Keep in mind, most of the following stocks are in melt up mode and will likely trade higher over the short term. All I am suggesting, via dire warnings of calamity, is to avoid FTKing yourself with high prints. If you were curious about how to play ag, here is your guideline.

Ag Chemicals
Syngenta AG (ADR) [[SYT]] , The Mosaic Company [[MOS]] , Intrepid Potash, Inc. [[IPI]] , Terra Industries Inc. [[TRA]] , Monsanto Company [[MON]] , Agrium Inc. (USA) [[AGU]] , CF Industries Holdings, Inc. [[CF]] , The Scotts Miracle-Gro Company [[SMG]] , [[COIN]] , Potash Corp./Saskatchewan (USA) [[POT]] , Terra Nitrogen Company, L.P. [[TNH]] and Compass Minerals International, Inc. [[CMP]] .

Farm Construction and Machinery
[[ARTW]] , Bucyrus International, Inc. [[BUCY]] , Deere & Company [[DE]] , Astec Industries, Inc. [[ASTE]] , CNH Global N.V. (ADR) [[CNH]] , Lindsay Corporation [[LNN]] , Valmont Industries, Inc. [[VMI]] , Manitowoc Company, Inc. [[MTW]] , Joy Global Inc. [[JOYG]] , Caterpillar Inc. [[CAT]] , Columbus McKinnon Corp. [[CMCO]] and Terex Corporation [[TEX]]

Miscellaneous

Sociedad Quimica y Minera (ADR) [[SQM]] , The Andersons, Inc. [[ANDE]] , [[YONG]] , Origin Agritech Ltd. [[SEED]] , AgFeed Industries, Inc. [[FEED]] , Agria Corporation (ADR) [[GRO]] , [[CAGC]] , Archer Daniels Midland Company [[ADM]] , Bunge Limited [[BG]] , Innophos Holdings, Inc. [[IPHS]] , Tractor Supply Company [[TSCO]] , Titan Machinery Inc. [[TITN]] , Cadiz Inc. [[CDZI]] , [[CRESY]] , Cal-Maine Foods, Inc. [[CALM]] , ZHONGPIN INC. [[HOGS]], E.I. du Pont de Nemours & Company [[DD]] , Landec Corporation [[LNDC]], [[NOEC]] Imperial Sugar Company [[IPSU]] , Cosan Limited [[CZZ]] and Raven Industries, Inc. [[RAVN]] (precision farming!)

I hear all of you late comers clamoring for a piece of the yellow metal action, up at these levels. The time to buy gold was when no one was interested, exactly what Jakegint was doing many months ago. Now that every one is talking about it, the trade has become stupid.

Instead of buying gold near $1,200 per ounce, I’d rather shoot my face off with a howitzer. Sure, the dollar is screwed and we’re all going to die, at some point this century. However, that does not mean it makes sense to buy a stupid yellow metal, which has little to no purpose on Earth, aside from providing criminals with profound reasons to cap someone in the face.

As an aside, it appears the market is “going virgin” into the bell, by denying me of my victory, my rights. No worries kids, we’ll be back at ’em tomorrow with more buy tickets than the world has ever seen.

Top picks: W.W. Grainger, Inc. [[GWW]] , FBR and U.S. Global Investors, Inc. [[GROW]]

The market is being stubborn. We all know it’s going to 10,500. However, it seems my enemies are moving against me, in unison, to keep the market under 10,500, in an effort to steal my victory. It’s only a matter of time, until I capture my win.

Regarding the markets:

This is a continuation of the last 8 months. Expect to see asset managers chase stocks into the New Year, sending the Dow well above 10,500. When you take a step back and look at the state of the U.S. economy, it really is sobering. Cities like Detroit and Cleveland are dying, Great Depression style, yet here I am waiting for stock market jubilation.

The truth of the matter is, as discussed with my new buddy Scott Bleier, the market is going up on liquidity, controlled by villains dressed in dark suits, posing as Car Czars.

With my money, emphatically, I like U.S. Global Investors, Inc. [[GROW]] , FBR , BigBand Networks, Inc. [[BBND]] and W.W. Grainger, Inc. [[GWW]] —amongst others.  One thing is for certain, we are no longer in a “melt up” stage. Accurate stock picking abilities are very important at this juncture, as well as proper risk analysis. Despite today’s big jump, numerous stocks are weakening, as the day matures. In my estimation, it is not a good time to add to positions, so early in the day. With sideline cash, before buying, I’d prefer to wait until the end of the day, in order to assess relative strength. And, if we continue to weaken, I’d recommend holding said cash until we dip again, setting up for the ultimate Turkey run.

On Thursday of last week, The PPT pointed to an oversold condition in the market, via the Overall Hybrid Score. These are the results, life to date.

Okay, I am doing some internal restructuring at iBankCoin, with regards to direction of content, which happens to entail cleaning up my dated blogroll. I added a few names, while tossing others. However, the truth of the matter is, typically, I am too busy to surf the web, like some of my competition. Therefore, I have no idea who is worth linking to anymore.

If you are an avid reader of a certain site and want to recommend it for blogroll induction, leave a note in the comments section. Or, if you are a blogger looking for some street cred, leave a note in the comments section, with a link to your stupid blog. Over the next day or so, I will read through all of the recommended blogs and add a few to my blogroll. In addition, I will dedicate a post highlighting the idiocy or splendor of the suggested blogs, depending on my mood, labeling them “worthwhile” or “GIANT WASTE OF TIME.”

In other words, fellow bloggers, choose your link whoring very carefully, for it may be your last.

Classic SNL: