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
23,445 Blog Posts

Everything Up, Forever

Look at TLT rip tits to the upside, alongside stocks, as if this shit was some sort of fantasy land made from angel dust. In this life there are three sure things: 1. death. 2. taxes. 3. VXX to zero.

My three largest positions are doing just fine, NFLX, VHC and MCK. However, there are things in life I don’t do, such as buying stocks at highs, ahead of JACKSON HOLE.

If Ben wanted to demonstrate his pimp hand, he’d implement the biggest form of QE, right now, ahead of the elections, at the highs. Oil woild lift to $200 inside 6 months and stocks would trade up by 30%, which is the average return of stocks during QE1 and 2. Another round of QE here would all but guarantee an Obama 2nd term, as well as another 6 months of stock market ecstasy.

Bold.

Top picks: MCK, cash, HEDGE

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32 comments

  1. Mr.Pink

    Hey, Pink, what’s the good word?

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  2. Patrick

    Ben is looking for a fresh phillie blunt. He will soon slice into that sweet wrapper and take us all to asset inflation paradise. Bernanke bout to blow down some trees.

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  3. jimmy_two_times

    Do I note a presence of the new element “Sarcasiam”?

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  4. moolahheaven

    Al Swearingen’s alter ego says:

    If that cocksucker BBernanke inflates oil, gas, food etc just to help his cocksucker boss get re-elected, and if the American public is STUPID enough to buy that as some sign that the economy has recovered and vote that cocksucker a 2nd term, we are all fuckin doomed.

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  5. zephler

    any thoughts on DMND here? They sure are taking their sweet time letting anyone know what is going on…The almond and walnut crop are looking like record breaking years – good – no?

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  6. zookini

    Keeping the market interesting:
    $AAPL $CRM $DMND $MLNX $MRVL $PSX $SLB $VHC
    short $NAV today

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  7. JTU

    AAU up over 17%, can’t find any news! Anyone?

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  8. Marc David

    All this QE3 talk.. but as a normal human being.. how does this effect me say.. if I’m NOT heavily invested in stocks?

    Oil to $200… so my gas will be much higher.

    Food will cost more.. etc

    None of this sounds good from the vantage point of the average middle class person who makes a living collecting a paycheck.

    I don’t see anybody saying QE3 will guarantee a cost of living increase.

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    • chivo

      Like +1

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    • razorsedge

      sometimes people have to be careful for what they wish for. unintended consequences.

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    • BottleRocket

      This is why I think releasing QE3 now would only benefit the Romney campaign. Stocks are already at multi-year highs. Sending the S&P up 150 more points by November isn’t necessary to solidify reelection. I’m expecting more talk of future easing than actual easing. If I’m wrong, I will buy and hold VXX for 6 months as punishment.

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  9. flyaway18

    The expense fee for HDGE is a bit much.

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  10. Cascadian

    Steve Buscemi was Mr. Pink. He didn’t like that designation int he movie.

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    • Trading_Nymph

      I didn’t know that he didn’t like it. That was his breakout, funny he didn’t love everything about it cuz it put him on the map. FWIW, they really should do a John Waters bio pic with Buscemi as lead before he gets to old…that was a roll he was born to play.

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  11. clegger_2000

    Keep an eye on $NGVC.

    It is written…

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  12. Dubz

    Took some big wins today, basically all cash now besides that $YELP I forgot about.

    I can relate to that song on numerous levels.

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