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
23,460 Blog Posts

The Answer to All Market Mysteries is Here

Say, for example, the market went down for a period longer than 5 days. The pancake faces on CNBC, disheveled by the panic, displayed stories of anguish and despair–all for the sake of ratings of course. The Obama campaign gets derailed and with it the career of Federal Reserve Chairman, Benjamin Bernanke.

Now everyone is paying attention to the choice words of some meaningless Fed guy. The reality is this, so listen to what I am about to tell you, ever so closely: FREE MONEY FOREVER, BITCH.

The Fed Chief will implement QE3 at the first sign of panic. The stated goal is to defend the economy from deflation. Until we get sizable increases in the values of homes, the Fed will continue to be extremely accommodative.

Now you may choose to ignore my words of wisdom for something of lesser quality. You may also make some money by betting against prevailing trends, logic and reason–things of that nature. But at the end of the trading session, the bulls will win again.

I have a list of stocks that have underperformed, all of the high growth caliber, seemingly on sale, for your perusal.

In other news, DAL mulling the purchase of a COP refinery to reduce jet fuel prices is fucking genius. I find it refreshing when common sense rules the roost inside big corporate America. Far too often, fucktards steer large bureaucracies into manure piles.

Feel free to enjoy the music, courtesy of Mr. Copland.

UPDATE: I added to my YELP position.

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

88 comments

  1. Honolulu Trader
    Honolulu Trader

    $ERY Fuck Oil………..9.33

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

    Arghh ! Always developing…

    I need answers stat, and I need more coffee.

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

    Fly buy?…

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

      “Fly buy”

      The Fly has just a bought an 8 Ball!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. JB

    We need a ‘flash crash’ v2.0 … then we get QE3

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • BIGPUN2012

      Please. Id take any sort of mania or panic to the down side.

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

      I don’t think there will be a crash because that would mean that everything done to date has been for naught. All of Bernanke’s and Obama’s claims of recovery would wash down the drain and they can’t let that happen.

      I expect more of the same BS. Talk the market down, a little deflation scare, market drops 100-200. Then market ramps again. Rinse and repeat.

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

    fly said 100 oil days ago !

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

    Can’t believe I didnt short more UNG. I make this trading stuff harder than it is.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. BIGPUN2012

    I want someone to shove a proverbial cock up this market’s ass so I can get some stocks with decent valuation. The day the market falls for 2 percent again is the day I dance in the street under the eyes of scrutinizing neighbor who’s 401k just got a-bombed from some phantom threat touted by Santelli on CNBC.

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

      No homo of course.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • BIGPUN2012

        I keep questioning why Ive become to disinterested in finding new stocks and why I have one foot in shitty stocks and the other parked on my doll house made out of cash.

        I dont give a fuck bout rosy consensus, green shoots, the housing market, the fed, hippy ass Europeans , Iran or dying children receiving free healthcare.

        All I want is for liquidity to disappear, stocks go to zero and watch losers jump out of their offices while I sit on the park bench below eating Cheetos.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • BIGPUN2012

          im a big bull too, optimist by nature but dis shit gay

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

            YOU MY FRIEND ARE THE ULTIMATE BEARSHITTER. A NEW DEVILDOG OF SORTS

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • BIGPUN2012

            I hate bears. I cant stand pussies that go on CNBC, cry bout the world ending and how Ben Bernanke is actually 2nd cousins to Hitler. I usually just throw a remote aimlessly or go have rough sex with my girlfriend to take my anger out.

            I honestly love big ben but fuck cant a playa get a pull back at least. We’ve rallied harder than an old man on 3 Viagras. Most stocks are more overvalued than some hippy bullshit they sell at wholefoods.

            fuck

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

            yuz need a baf bp,benny da skank, beez a slick beeotch doh. he aint fittin ta gives any yuz beetchez eny mo free monee.

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

    I needz my daily forty bitches!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Genghis Khan

    Fly- Are you buying GLD?

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

      no

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • BIGPUN2012

      this is a fucking retarded question

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

        You just get internet today for the first time?

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

          actually GLD and SLV are one of the best buys right now, paired with shorting the market as a hedge. At some point, both trades will work. Markets will trade down, and the metals will trade up.

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

          That’s the most amusing post I’ve seen in a few days. Thanks for the chuckle.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  10. Bob the Builder
    Bob the Builder

    Been asking why Airlines don’t integrate into refining for years. Interesting to hear about DAL thinking about it.

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

    Surprised to see SSW in the high growth reference.

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

    Fly’s post is really a form of behavioral economics analysis.

    It’s probable that the [name witheld due to scraping] and its million tentacles rely on behavioral economics to determine what financial propaganda is coordinated across all mainstream news media.

    The recent precious metals sell-off seems to have come at exactly the same time well-respected blogs (such as this one) were suggesting PMs were a buy. The timing of this well-coordinated sell-off is only really possible if someone is automatically scraping sentiment from the Intertubes.

    I suggest organizing to create fake sentiment. Fake posts. This will really fuck up the [name witheld].

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

      I never said GLD was a buy today. If you look at what I posted, it suggested a holding period of more than 5 days.

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

        For whatever it is worth GLD was on top of the Fidelity buy list today along with GE, BAC and drum roll — AAPL. After pondering your post last night I picked up some EXK cheap.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  13. Dave Cruise The Pornstar
    Dave Cruise The Pornstar

    A true analysis of QE3

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Hack

    No one gives a shit what you think.

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

    http://video.foxnews.com/v/1547185546001/
    this i’ll lean-um!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. TeahouseOnTheTracks

    OEW Daily Recap:

    “The market gapped down at the open today, broke through SPX 1400, then found some support at 1394. This represents a 28 point pullback from Monday’s SPX 1422 uptrend high. This is pretty much in line with the two 27 point pullbacks of the last two weeks, which also contained gap down openings. The rising wedge shaped pattern, that was created during all this activity, appears complete at SPX 1422. This pattern could have terminated Intermediate wave v, Major wave 3, and the Nov-Apr uptrend.”

    “What was previously support has now become resistance. Short term support remains at the OEW 1386 and 1372 pivots, with overhead resistance at SPX 1414, 1419 and then 1422. Short term momentum bounced a bit from quite oversold. The short term OEW charts turned to a negative bias on the gap down opening. Should a downtrend be underway, we would expect the SPX to find support between 1300 and 1340 and end the correction in May. There should be very good support within the 1291-1313 OEW pivot zone.”

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

    Tonight I have to deal with Bank Of England and its QEing way. BoE I blame you for that Oct rally. Anyway, they should not add to QE and keep rates the same. For the Bearded Clam, I have his balls until the NFP data drops hard when Autos don’t sell, until then with PMI, ISM Manuf, Auto Sales, etc doing ok..he can’t touch me or my Bear Ways, lol.

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

      all auuto’s be sellin girl.axs any 1

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • The Super Clam

      Oh, you again? You claimed to have my spine last summer. But in reality me and my friends from BoE and ECB have been running a train on your broke ass.

      Choo choo!!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  18. MCPJ

    With the fed no longer reporting M3 and Eurodollars and Ben’s proclivity for negative interest rates, the fed will continue to print until we are insolvent- wait, the fed can just print more and buy more US debt in the grand ponzi scheme!. When the feds create their own rules for inflation reporting they will tend to create self-promoting numbers. Obviously the influx of fed dollars is not free as you pay the tax of inflation which, in reality, is hovering around 10%.

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

      the fed will not continue to print money. if treasuries tank,there will be too much money floating around,so why should the fed print? there would be a world wide oversupply any way,he wouldnt have to print.now…go take a baf

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

        Treasuries won’t tank because the FED will continue to buy them all as we have seen the past few years

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

      Where you pulling that 10% number from? Not even the incredibly flawed EPI aka the “gas index” is calling for 10%.

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

        SGS-Alternate: it looks at the CPI using pre-1980 Volcker and pre-1990 changes. No substitutions, no improvements in quality discounting, etc.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  19. leftcoasttrader
    leftcoasttrader

    Here’s how I see it playing out:

    Market has rallied on every suggestion that Bernanke might start talking about printing, without him ever saying he will. This is starting to get old. I figure we can crash like the last two years and then Bernanke will start saying they are considering printing. But he won’t actually print, it’ll all be talk. That will go on for another year until it gets old and the market crashes again in 2013. At that point Bernanke will print.

    The man just wants to buy time for something more to materialize. He’s playing this market like a violin.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. moolahheaven

    It sickens me that the liberal mainstream media gives Osama/Obama a free pass on EVERYTHING, from Rev Wright, to “free money printing”, to violating the constitution. If America doesn’t wake up soon and get off the cocaine ‘chuck wagon’, we will lose the freedoms our fathers and grandfathers have fought so hard for.

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

      “Freedoms our fathers fought so hard for”–What, like keeping black folk in the back of the bus? LOL

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

        Dey done a good job a dat… great Con stitutional shit, too.

        Luv dem Tea Purtiers

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

          Moolahheaven just has not learned yet that no one cares about the political opinions of other people on an Internet message board, and that message board people have 0% chance of changing anyone else’s political opinion.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  21. razorsedge

    i changed the sound my car horn makes to (machine gun) cut 4min off my drive time. also bot more fdx.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Sir Jack Wadds

    With all due respect to the FLY and Ibankcoin for letting people post here: ( I concur with
    Cramer on this post today:

    “When investors are ready to sell at the drop of a hat; that’s a clear sign you’re in a bull market. Those were Jim Cramer’s words to his “Mad Money” TV show viewers Wednesday. Cramer said today’s selloff was not a market panic, but more of a selling squall that’s a healthy part of any bull market.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Sir Jack Wadds

    “Where is the greatest pain will be the greatest gain” I actually created that statement. Long Nat Gaz.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. goodgreed

    QE3… QE4….. QE5… etc

    Long live Bernanke!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. Sir J.Wadds

    Long live the FLY

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. Sir J.Wadds

    Yea got it in!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. Sir J.Wadds

    But god I love this new iPad

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Tammi Biesheuvel

    You can simply see your current expertise in the work a person write. The entire world hopes for a lot more passionate writers as you who are not afraid to say how that they believe. Always comply with your cardiovascular.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. Wilfred Niswender

    The next time I read a website, I hope it doesnt let down me as much as this one. I necessarily mean, I can say for sure it was my choice to learn, however I seriously thought youd have got something interesting to say. All My spouse and i hear is a lot of whining about a very important factor which you may fix when you werent as well busy trying to find attention.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Synthetic Wig

    Man-made Wig http://synthetic-wigs.dolabuy.com/ Web the actual wide range of brand of Unnatural Hair Hair pieces, Many years Artificial Wigs, Good value Manmade Wigs, Smaller Imitation Hairpieces, Affordable Artificial Wig and a lot more

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. Ultimate Computer and Employee Monitoring Software

    Some really prize posts on this website , saved to favorites .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. what to do in Bali

    Excellent post, I conceive site owners really should learn a good deal from this web blog its rattling user genial .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. zarzadzanie zespolem

    I really like your blog.. very nice colors & theme. Did you create this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to create my own blog and would like to find out where u got this from. appreciate it

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. Newton Schwien

    Thank you for your refreshing statement. It was a enjoyment taking a look at it. Appear forwards to additional articles from you!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. Florentino Emmitt

    Sorry to the huge assessment, but Now i’m really loving the newest Zune, and desire this, as well since the excellent reviews another people have written, will allow you to decide should it be a good choice for you.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  36. Rubi Salata

    There are some fascinating closing dates on this article however I don’t know if I see all of them middle to heart. There is some validity but I’ll take maintain opinion till I look into it further. Good article , thanks and we wish more! Added to FeedBurner as well

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  37. Alonso Ermatinger

    Wii Homebrew is an unlock software for Nintendo dsi. It allows you to deal with many other features without needing to tear your current mechanism a part.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  38. Myrle Stemmer

    Today YouTube video clips quality is more enhanced and enhanced, therefore that’s the cause that I am watching this video at here.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  39. Adrian Stoen

    Fantastic, terrific. I personally lack the sayings to spell it out this great article, poruszy?‚e?› concern too without a penny is still still that will congratulate the potential of performing anything. Welcome!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  40. Ilene Tisor

    Hey very cool web site!! Man .. Beautiful .. Amazing .. I will bookmark your website and take the feeds also?I’m happy to find a lot of useful information here in the post, we need work out more techniques in this regard, thanks for sharing. . . . . .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  41. Chun Mussa

    Good day! I know this is kinda away topic however I ended up being wondering which in turn blog platform are you using with this website? I’m getting sick and tired of WordPress because I’ve had difficulties with hackers and I’m looking at alternatives for another platform. I could be awesome in case you could level me in the direction of a very good platform.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  42. phone book uk free

    Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a little bit, but instead of that, this is excellent blog. An excellent read. I will certainly be back.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  43. Solomon Mcthune

    Hello to every one, the contents present at this web site are really awesome for people experience, well, keep up the nice work fellows.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  44. Monet Levis

    Have you ever considered publishing an ebook or guest authoring on other sites? I have a blog centered on the same topics you discuss and would love to have you share some stories/information. I know my readers would appreciate your work. If you’re even remotely interested, feel free to send me an e-mail.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  45. Warner Carruth

    Incredible points. Sound arguments. Keep up the amazing spirit.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  46. mau cua cong tu dong

    The very heart of your writing whilst appearing agreeable in the beginning, did not sit properly with me personally after some time. Someplace throughout the sentences you actually managed to make me a believer unfortunately only for a very short while. I still have a problem with your leaps in logic and one would do nicely to fill in all those gaps. In the event that you can accomplish that, I will surely be fascinated.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  47. Edra Lacuesta

    I’m so happy to read this. This really is the type of manual that needs to be given and not the accidental misinformation that’s at the other blogs. Appreciate your sharing this greatest doc.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  48. tratamientos para la celulitis

    I have fun with, cause I found just what I used to be taking a look for. You’ve ended my four day long hunt! God Bless you man. Have a great day. Bye

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  49. offshore pharmacy forum

    Great goods from you, man. I have understand your stuff previous to and you are just too magnificent. I really like what you have acquired here, certainly like what you’re stating and the way in which you say it. You make it enjoyable and you still take care of to keep it smart. I can not wait to read far more from you. This is actually a wonderful web site.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  50. terry

    Awesome blog! Do you have any helpful hints for aspiring writers? I’m hoping to start my own website soon but I’m a little lost on everything. Would you advise starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m completely confused .. Any recommendations? Many thanks!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  51. Wilburn Persons

    You need to be a part of a contest for one of the greatest websites on the internet. I will recommend this website!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  52. read more

    I have learned new things out of your blog post. One more thing to I have discovered is that in many instances, FSBO sellers will reject you actually. Remember, they would prefer not to use your providers. But if you actually maintain a reliable, professional romance, offering support and remaining in contact for around four to five weeks, you will usually manage to win a conversation. From there, a listing follows. Cheers

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  53. Nicky Fegan

    Hiya, I’m really glad I have found this information. Nowadays bloggers publish just about gossip and net stuff and this is actually irritating. A good website with interesting content, that’s what I need. Thank you for making this web site, and I’ll be visiting again. Do you do newsletters? I Cant find it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  54. Teachers Day Quotes in tamil

    Great goods from you, man. I have understand your stuff previous to and you’re just extremely excellent. I actually like what you’ve acquired here, certainly like what you’re stating and the way in which you say it. You make it entertaining and you still take care of to keep it wise. I can’t wait to read far more from you. This is actually a great site.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  55. Blair Ramil

    Excellent goods from you, man. I’ve understand your stuff previous to and you are just too fantastic. I really like what you’ve acquired here, certainly like what you’re saying and the way in which you say it. You make it enjoyable and you still care for to keep it sensible. I can’t wait to read much more from you. This is actually a terrific web site.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  56. Boyce

    It’s difficult to get educated people on this topic however you sound
    like you know what you’re talking about! Thank you for this
    post. I definitely agree with what you are saying.
    Keep us posted.

    Here is my website; home remedies acne treatments (Boyce)

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