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iBankCoin.com — Stock Picks and Discussion

Archive for the 'Uncategorized' Category

10 Oct

The Fly is NOT God

He is a Zombie!
I’m buying (QLD: 33.31 +1.49%) and more Apple Inc. (AAPL: 96.80 +9.08%) today w/ 30% of my cash. Sold all of my (QID: 81.80 -0.30%) .
Hopefully the (SPY: 88.50 -2.43%) can stay above 86! If it doesn’t, I will be buying QID again
(UYG: 9.48 +12.72%) [...]

08 Oct

Slaughterama-Gwar


08 Oct

Bought QLD at 35.70 and 35.00

Im staying away from (EEM: 24.27 0.00%) and (UYG: 9.48 +12.72%) . EEM smells too much like cabbage and UYG smells like outhouses and cigarettes.
 
Sold my QLD for 37.23. That sucked!

06 Oct

Global Macro is King

Rules and believable patterns are out for now. I keep reading sites with decade long charts showing “key” support/resistance levels here or there. IMHO, they are all fubar. I’m a fan of longer time-framed charts (especially of indices, daily, weekly, etc..), but come on, “stop bringing up old shit”, to quote the great Smokey. Global [...]

03 Oct

Mark to Market or Cash Flow

If you are not familiear, Mark-to-market is an accounting methodology of assigning a value to a position held in a financial instrument based on the current market price for the instrument or similar instruments. For example, the final value of a futures contract that expires in 9 months will not be known until it expires. [...]

03 Oct

Courtside Seats

I watched the last debauchery of a vote live at this cnbc link whilst my trading screens where up prior to the -777. There is a 15 minute window for the actual vote. It is cool to watch the market move as the “fors” move ahead (behind) the “againsts”
When this is all over, I’m back [...]

02 Oct

iBC is its own Gwar Concert

iBC is a Gwar Concert.
Upon each visit, you are incessantly made fun of and shot by  blood guns (laser beams).  A good old fassion murder spree. As you drown in the fake blood, the war drums beat and Gwar (with jitler as their guide) battle axe and butcher the likes of George Bush, Mike Tyson, Bin Laden, (my personal [...]

24 Sep

Oh, Crack!

Today’s EIA supply report showed that gasoline stocks fell to 178.74 Million Barrels, the lowest stock ever observed, due in large part to hurricanes Gustav and Ike. According to the Mineral Management service, over 1.2 Mb/day of refining capacity remain shut down, which is roughly a 70% improvement from the 4 Mb/day that was shut [...]

21 Sep

Welcome to the Party, Kyle

Or, rather, please RSVP ASAP.

If you live in the Carolinas or the Northeast, pay attention. If you want to bank coin on a hurricane play, go back to watching football.

Image: Latest Satellite Image of “Proto-Kyle” hammering Puerto Rico.
The disturbance that I discussed on Friday has pulled itself together and is on the verge of being [...]

18 Sep

Feast Or Famine

Two weeks ago, the tropical Atlantic was in a period of unprecented activity. Four storms—Gustav, Hanna, Ike, and Josephine—were active simultaneously. And going back to mid-august, a record 6 consecutive tropical storms or hurricanes made landfall in the United States. Like DiMaggio’s 56, or Chamberlain’s 100, this is a streak that will probably not be [...]


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