I walk away this week smiling, knowing my favorite bears out there are getting Andy Dufresne’d out behind the Woodshed.
If you tolerated a little blogging from me in Le Fly’s absence, thank you. I’ve been a long time reader of this distinguished website, and happy to be a team member and no longer a competitor. As I said, if you can tolerate my writing style, you will notice that I can be a good ally in your pursuit of banking coin.
My ideas and analysis can and will be a great addition to your trading approach. I hope to continue to prove that as we get closer to implementing a new addition to the iBankCoin offerings.
This has been a “Top 10” week for me this year. We had a lot of home runs this week, and am excited about the ideas we’ve picked out going into next week.
I will post a Weekly Watchlist video Sunday night to reiterate market structure and set-ups. Enjoy the weekend.
OA
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Real talk – I had to screen capture the iBC homepage.
I am laughing my ass off.
Haha, well done this week.
fitting, no? http://www.youtube.com/watch?v=EtGF2m102Wg
BWAHAHAHAHA
Great blogging today
Thanks OA ! I was going to hold MELI longer, but seeing JPM changed PT down to 109, I sold at the close. Still thank you for your idea. I made money just a day : )
So, what do you think MELI next week. would you buy? I keep GMCR of course.
David, I would absolutely consider it into a little weakness.
Thanks. Have a great weekend !
thanks OA,like ur posts. been long bac stock and calls @ 9,10,11,12, boy 13 let me down but bought wells and jpm calls for the win…i hope.
Dude haha @ picture. Have me laughing so hard at that photo title and Shawshank references. Goddamn, I love this website.
This market is so jacked up on cocaine, GODZILLA is going to show up one day in the not too distant future and bust a nut on the bulls.
http://www.youtube.com/watch?v=cYuIEa5DvJs
Good job OA! Coincidentally, this was one of the best weeks for me too, with overall portfolio shooting up by 20%. I became a bear today but still have some longs and pairs. I hope to live for a few more days before getting taken out to woodshed or sharknado’ed. Looking forward to next week. Cheers!
OA<
Great work this week. You literally hit everything out of the park. Love your work and posts, you are concise and to the point. Plus, you always answer question.
Btw, where do you see NFLX in the coming week? It's been on a massive tear.
I would imagine it continues to grind higher.
ARMH on fire…more to come
Nice work
Dear OA: Is GMCR forming a flag pattern? I am still not recognizing a pattern here. But a flag is the closest I could match this with on a 2 year chart.
Hy,
Lets call it “hamlet.” Either that or the “pink sock.”
Hopefully more like the pink bunny… Keeps going and going…..
Hint:upwards.
I wish I could tell you just how much coin I banked in the past couple of weeks, When I marry what you share to what I know, its magic. What ever you and the Fly are percolating within the walls of Ibankcoint.com, count me is. I will gladly pay any price! You have been a real coin minter.
Awesome bro, well done.
OT – is noone going to comment on the CNN pic of Snowden flanked by human rights babes? I had no idea there was even such a thing as human rights babes… No wonder the guy wants to throw himself on the mercy of these organizations.
Goldilocks with a mothers milk chaser has been let go. How will the tape survive the ultimate pumper getting the pink? Someone has to paint over the shit stain that is the economy. The ten peeps that actually watch grandmas titties and friends are in morning.
Lol…. Since when does the economy matter… Really. You invest in stocks not GDP. The stocks are only a derivative of the business itself. The profits derive from wherever the capital around the world goes PLUS dividends from earnings over time.
The businesses can borrow low to expand, they have easy access to cheap capital, abundant supply of cheap workers, and cheap commodities. I wouldn’t expect the credit to stop flowing. I know that maybe taxes are up and income is down but that’s only one side of the equation.
“The world is one giant flow chart of capital” Paul Tudor Jones.
Where do you think capital goes.
1)in a bank yielding .1% interest?
2)in treasury bonds tied up for 20years earning 3% with no guarentee that governments will even be capable of paying all its lenders back.
3)good dividend paying stable companies that have already survived the worst financial crisis the market is ever going to give it with high prospects for growth and paying better interest rate than the 2 above?
Dear OA:
for GOOG earnings scheduled 7/18 after close
For Nflx 7/22 after close.
I want your opinion on whether we should play a long Straddle
on those days for those.
Plan is to buy at 3:45pm on those days.
If GOOG stays at 923 on 7/18 3:45pm . Last quarter’s range was changed by $30 after earnings Plan is to buy $15 out. Call 940 Put 910.
If NFLX stays at 257 on 7/22 3:45pm . Last quarter’s range was changed by $40 after earnings Plan is to buy $20 out. Call 275 Put 235.
Do you approve these plans ??
With your IBC premium service, will you be posting real-time trades inside the 12631 room?
No, no trades in 12631.
How much do you think things have changed since this was written in 1922?
“”MORALS HAD CHANGED, MANNERS HAD CHANGED, MEN HAD BECOME MONKEYS TWICE REMOVED. GOD HAD BECOME MAMMON–A MAMMON SO RESPECTABLE AS TO DECEIVE ITSELF…AN EPOCH WHICH HAD GILDED INDIVIDUAL LIBERTY SO THAT IF A MAN HAD MONEY HE WAS FREE IN LAW AND FACT, AND IF HE HAD NOT MONEY HE WAS FREE IN LAW AND NOT IN FACT. AN ERA WHICH HAD CANONIZED HYPOCRISY, SO THAT TO SEEM TO BE RESPECTABLE WAS TO BE.” JOHN GALSWORTHY, THE FORSYTE SAGA”
any thoughts on huge volume pocket on F? appears to be above 17-18…. on monthly
I own Ford stock for that very reason.