iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,162 Blog Posts

Bulls Get a Bone

After enduring multiple claw hammers to the head, Mother Market has gifted the bulls an up day.

Personally, I have more interest in feeding corn to wild roosters, than putting money to work in this market.

I’ll have you know, “The Fly” is not bearish, but skeptical.

I keep looking at my screen, waiting for the bitch (Mother Market) to try to kill me, via intra-day reversal. If it doesn’t happen—wonderful.

However, if it does, “The Fly” will likely pack his bags and check into his local mental institution.

I can’t get behind this market, while ETFC is on the brink of fuckery and C can’t get a 1% green day.

If you’re looking for strength, it is abundant in the internet, energy and basic material sectors, with gains in OMTR, SOHU, BIDU, GOOG, AMZN, BIDZ, BCSI, SNP, CEO, OMNI, STO, BOOM, PKX, CENX and ACH.

Also, market leaders, like RIMM, AAPL, are ripping, while MVIS eats pavement.

What else is new?

In short, I’d love to declare early Santa Claus victory, via having the bears run over by his fucking sled, but I can’t.

I need two or three more days like today, with the financials participating, to feel confident enough to declare: “fuck you shorts, you’re dead.”

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

20 comments

  1. The Zombie

    Miss Market is a seductress; she is a siren; she is a whore

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

    CFC staring single digit midget status in the face.

    The tanned ones glow is fading.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Juice

    there goes JNPR … nothing but air under there

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Bison Burger

    http://www.youtube.com/watch?v=pEqHchy3WB0

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Juice

    da bulls are impotent

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Revelation

    Ow.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. alphadawgg

    Great bargains abound in financials and homies. Buy some here, buy some later.

    I think you have to treat them like micro cap tech stocks and diversify into a lot of names over time. There will be survivors. And they will cash in. So will shareholders.

    Five years from now, you will be able to look back and see that they will have outperformed most other sectors.

    However, be aware that this blog may not be around, as the Fly may be residing in some Romanian mental institution by then.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Howie

    Is this holloween? Take a gander at the US tresauay its buying erous-

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Juice

    SRS is taking no prisoners

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Dinosaur Trader

    This market is so damn weak it can’t even get a decent bounce. The bears aren’t even letting stocks get the slightest perk and then they just hammer them down.

    Not good… the weakness is intensifying.

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Howie

    Looks like things are going into the shitter…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Pudfucker

    Maybe Bernanke is secretly evil. Maybe he really wants to go down in history as the FED Chairman who yanked his winky while CFC and/or WaMu blew themselves up and brought down a bunch of other banks in the process.

    He should surprise us with a rate increase and preside over The Great Depression II – the Sequel.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. The Fly

    Let’s raise taxes!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Bison Burger

    Flat tax, son. Flat tax.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. steve

    I have a shirt for sale if anyone is interested.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Dinosaur Trader

    Well, no matter what happens with the interest rates, it’s important to remember that it was the idiots making all those bad loans who should get the blame, not “the bearded one.”

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. SaNTa

    The bearded one will save us.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Bison Burger

    I love my shirt. Cost five bucks at the 1996 GOP national convention.

    http://img136.imageshack.us/img136/4153/nixon96pu2.jpg

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. The Zombie

    Benny B is gonna fuck us like he usually does. Awful, scary lingo and down we go. Fuck this nonsense.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. rockain'tdeadyet

    I think it’s time for a Mozilla “Late Day Rally” picture. Go CFC.

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