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
23,443 Blog Posts

Wall Street Remembers To Be Scared Again

Yields are going up, especially the 10 year, as it approaches 3%. Wall Street fears 3%, as it is the lynchpin or tipping point between the Gilded Era we live in now and complete and total despair, tragedy, and financial terrorism.

TNX

Futures are down 8. Wall Street forgot every single thing Bernanke said yesterday.

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22 comments

  1. Mad Marsupial

    Always great for a laugh, with some wisdom tucked in! Thanks.

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  2. halloweenpleb

    but but but… you said be long, Very Long..

    🙂

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  3. flyaway18

    I was just thinking about your calling TBT the place to be in 2014, back in 2012 when jake was buying it.

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  4. tradercaddy

    Speaking of Jake I just bought some AEM,ABX, PAAS, and HL.
    Nice metals plunge here and they didn’t move or ticked up.

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  5. matt_bear

    Remember when we lived in a 5-6% world? Man what savages.

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  6. flyaway18

    With GLD retesting that 52-week low i am not fishing for a bottom in the precious metals, even for a daytrade although it looks inviting, not going to kick myself if i miss it…miners look terrible too

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  7. Thankful Trader

    Fly – thank you for AKS, ANGI and LITB you bastich!!

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  8. The Fly

    Balt

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  9. Required

    iBoatCoin

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  10. ajr

    I CAME IN LIKE A WRECKING BALT

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  11. Pleb

    BALT (BabyAlwaysLeavesTurd)
    Not today!
    El Capitán

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  12. the Pirate

    BALT be ridin through this storm laddies up 4.43% as of now, strange we don’t see the lass Jennifer about these parts? Methinks she jumped ship…

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    • the Pirate

      Actually ’tis not much of as storm yet lads, S&P barely changed after yesterdays cruise…

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  13. carsony

    Ung,Balt,Tbt Been holding firm and will continue to hold possibly for years.

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  14. carsony

    Hello and Merry Christmas!! Thanks for suggesting Balt, it is a winner.

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  15. dukesanddukes

    Fly – as a dignified gentleman – what is your vehicle for the anticipated journey to inebriation? scotch? bourbon? select vodkas? curious to know how the other half lives…

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  16. The Baltic Express
    The Baltic Express

    What does everyone think about some $5 call options for May 17 on EXK? $500 bucks for 2000 shares sounds pretty good

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    • dukesanddukes

      lost my balls on EXK early this year..but would love to see it back around 10$..best of luck

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