iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

New Month, New MAYHEM

If Wall Street cannot put together a decent week coming into August like we did, then you know something is afoot. It is with regret that I inform you we are trending lower.

Unlike most of you wonton gamblers, I keep an open mind. My model suggested everyone was a bit too optimistic heading into the week. That’s how it earned its name, Rose Colored Sunglasses. Everything looks better with rose colored sunglasses. Try them sometime.

My cash troves are high. My largest position is DOC then NUGT. Yes, my Tesla shares are off about 10% but you should know my cost basis is grotesquely lower. I haven’t added to Twitter yet. I will, en mass, one day.

We’re coming into my next zone where buyers may show up, Non Farm payroll is up tomorrow, and I am essentially done for the week.

 

If you enjoy the content at iBankCoin, please follow us on Twitter

5 comments

  1. UncleBuccs

    Headed out sunglass shopping right now… Maybe things will actually look better upon my return?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. matt_bear

    my GPRO just went from mega winner to loser. most expensive lunch sandwich i’ve had in awhile.

    • 0
    • 0
    • 0 Deem this to be "Fake News"