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
18,854 Blog Posts

CARTOONISH GAINS AWAIT

I don’t find it to be useful to discuss news anymore, especially when it pertains to stocks. The pattern has repeated itself so often, I feel like a fool– attributing some “news event” as a catalyst that seemingly and magically boosts stocks higher. Stocks trade higher because they’re mandated to do so. The game is rigged and in our favour. US market are outperforming all other markets. Our wars are going according to plan and we’ve managed to upset almost every single nation in the middle east, without blinking an eye. So much for worrying about lighting a match inside of a powder keg.

Ladies and gentleman of the interwebs: S&P futures are up more than 15. The Dow is scheduled (British accent) to open up more than 140 points. This isn’t a game anymore. It never has been a game, even though a great lot of you treat it as one.

I stand to make pornographic gains at the onset of trading.

A great man once said: “It’s gonna be a hot summer.”

NOTE: As you white trashed out losers suck down budweiser cans and blow your arms off with blockbusters, choking on overcooked beef, Le Fly is drinking his usual Earl Grey, listening to a little Glass.

Have a listen, if you dare to be so bold, yet distinguished.
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8 comments

  1. It Is Showtime
    It Is Showtime

    The question is, will the long-term outcome be worth it, for you. (If) major global debt collapse does result, and the next generation (Your kids) face the consequences.

    Was it worth it? Contrary to not being a game, of course fed policy has been a game, and all games, have an end.

    Not all bears share a destructive wish, but will your moments of elation, and winning trading days, over the last few yrs, be worth it. Of course (I say) bring it on

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  2. cheesetrader

    Who’s there ?
    Knock Knock ?
    Who’s there ?
    Knock Knock ?
    Who’s there ?
    Knock Knock ?
    Who’s there ?
    Philip Glass.

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  3. helkel

    Fly
    where has all the M&A gone ?? too expensive or no good deals out there ?? you hit BUCY and MATK, any other ideas

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  4. Mr.Partridge

    DUST baby! DUST 🙂

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  5. It Is Showtime
    It Is Showtime

    TLT! Not so much

    10 year 2.71

    Get ready

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  6. PostApocalypticTrader
    PostApocalypticTrader

    $LSTMF: Great buying opportunity today – at chart lows. 13% dividend, solid oil play operating in 3 Canadian provinces

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