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
23,417 Blog Posts

MY CURRENT ANALYSIS ON THIS SITUATION WE FIND OURSELVES IN

[youtube:https://www.youtube.com/watch?v=5mEHXYW1W6A 603 515] If you enjoy the content at iBankCoin, please follow us on Twitter

60 comments

  1. Fly

    Dow 20,000!!

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  2. NEGRODAMU$

    excel then prevail

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  3. owg144

    lol!, thought this was a serious post. and it actually is after I thought about it. maximum pain is where everyone is now short something, time for them to be blasted higher! GLTA

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    • The Fly

      Da Bulls

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    • it is showtime

      What is this everyone short…

      Misconception. Really think everyone suddenly went short? for 4%
      Some said step away, cash. Long positions dominate still I would say

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  4. jules

    http://video.cnbc.com/gallery/?video=3000267358

    CNBC’s finest recommending to short momentum just before the 1:30PM rally. Unreal.

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  5. ironbird

    The revenge of the bulls is coming. No one believes horseshit doomsday anymore. The you wanted it higher moment is building. A real blow off.

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  6. Actions Louder

    #STUDY

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  7. dyer440

    The fact that the bull crowd keeps trying to pick intermediate bottoms and make plays for bounces just means the smart money will keep offering them supply.

    I’ve lost count on the number of – ‘this correction is over relief rally time’ – feelings from this crowd…. only to get shat on again.

    The good traders are swinging both ways w/ no bias. I’m starting to learn how bias kills the swing trader by monitoring this site (bulls) and slope of hope (bears). Comparing the emotional swing is telling.

    Anyway, good bottoms happen when ppl cease selling – sounds so obvious right – but the smart money is still unloading all their QE supply. In preparation of the next phase of the Fed.

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    • The Fly

      Dryer

      We’ve been in a bulk market for 5 years.

      QED

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      • The Fly

        Bull market, rather

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        • dyer440

          Dyer, rather

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          • ironbird

            Someone grab dryer a brownie button for stating the obvious.

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          • dyer440

            Your “bulls revenge” will be shat on again, and again until you lose hope. Good luck.

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          • alf44

            .
            … YO … “dyer” !!!

            Hop in the FAZmobile with ME …

            … and Toonces … the Cat that could drive a Car !!!

            .

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          • The Fly

            Toonces is gonna drive that thing off a cliff!!

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          • dyer440

            Wow. Haven’t taken that ride since 2009!! Good memories though.

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          • dyer440

            The RIFIN actually looks like a good short. I’ve read that most of the recent auto sector volume is due to “subprime” car loans. Short GM & C – once this new bulls revenge loses steam?

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          • it is showtime

            Don’t have to drive! Driverless cars … remember

            (they still get pissed when another is in the passing lane)

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          • ironbird

            Fair enough.

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        • alf44

          .
          Freudian Slip ???
          .
          “bulk market” !!!
          —–
          SORRY !!!
          .

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        • alf44

          .
          Hop in, Fly !!!

          Let’s do our own remake of “Thelma and Louise” !

          As it were …

          .

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          • alf44

            .
            … okay … maybe Butch Cassidy and the Sundance Kid !
            .
            Can’t swim ?
            Hell !!!

            The FALL will probably KILL ya !!!
            .

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      • dyer440

        I know. I’m only speaking to the last few weeks. Good emotional roller coaster on the blogospheres.

        But don’t you think this topping action is smart money “rotating” or preparing for the next Fed phase (no QE)??

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        • The Fly

          Dyer

          I think the recent “action ” is the dumbest money around being liquidated by margin clerks.

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          • dyer440

            Interesting. We hear about these margin calls, but I’d like to see some hard data on how prevalent it is (volume wise).

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          • Steak

            Not hard data to come by. Nasdaq should be posting up the bi-monthly short interest data today, or tomorrow (for free, to the public).

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    • it is showtime

      Something happened on this drop that hadn’t happened before

      (to my knowledge)

      “growth”/momo/bubbleipo broke. I think that what you were pointing to

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  8. Flanki

    Can we get an update on the futures?

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  9. The Fly

    NASDAQ FUTS 28

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  10. Flanki

    Thanking u. Off to get some shut eye.

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  11. Steak

    Love AMZN and CREE right here.

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  12. Marc David

    Take the pledge…
    https://www.poo2loo.com/wap/

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  13. ironbird

    Half the country is legally stoned living on EBT. Keep the teevee fresh as it needs to be, and bid stocks to the moon. Grandma will get this shit stain removed. That is what grandmas do.

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  14. wabisabi

    ACAD beautiful hammer a midst the array of hammers.

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  15. ironbird

    The Nikkei is functioning well to the tube take away. Has a pulse at least.

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    • it is showtime

      Yeah bc they got lower growth … again

      Lower means exploding equities right now
      (but dont ya think that backwards paradoxical conundrum might paradox itself in the ass someday)

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  16. Jennifer

    Get ready for another huge rally day tomorrow. You don’t rip higher 40 s&p handles off short covering. Sorry, this is the real deal

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  17. Jennifer

    If you’re short be prepared to get buried tomorrow. You better have an exit strategy in place. It’s time to load up on the very names that fly has been pumping here. They will all rip 15 to 20% in the blink of an eye

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  18. Jennifer

    Full disclosure I was getting long yesterday as I mentioned. Now I’m long and leveraged to my eyes

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  19. Jennifer

    1847 and counting. Tomorrow is gonna be a fantastic day for bulls. I loaded up on lnkd splk feye and wday today and yesterday

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  20. Jennifer

    1849. You can’t make this stuff up

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  21. Jennifer

    Do I hear 1860 by sun up?

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  22. ironbird

    Godzilla has spoken. We go higher because it is the right way. In the depths of holes full of shit. Nothing is happening. Look up. See the light

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    • it is showtime

      VIX needs to reject 15 level if youre going to pop

      Lot of ‘geopolitical’ things ‘simmering’ mr vix

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  23. Trading_Nymph

    Market is being Silly, Futures are up big tonight. Yellen’s Pony Show for tomorrow on tap, but I also get Fisher…and he is a Hawk. So us Bears May really surprise you tomorrow.

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  24. jules

    More earnings beats. LOL. Stupid bears.

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  25. butchbr73

    oh here we go… all the bears on this blog calling for the world to end and Russian war now all of a sudden switched to bulls on the exact bottom day/hour/minute… great timing Jennifer #1, #2, #3 — can’t make this stuff up

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  26. Jennifer

    I hear bear soup is bitter in the morning

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  27. Danny1980

    I loaded the shit outta short term PCLN calls gonna pick up FEDEX also

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  28. Mr. Cain Thaler

    If you’re trading the real market, you should be bullish 95% of the time. That’s not “bias” that’s a statistical observation.

    I love how iBC gets no credit for the solid – what was it? – 18 months of bearish positioning in 2009. If the sites been bullish ever since, well, welcome to real fucking life. It’s been 5 years of monster gains with little shorting opportunity

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    • butchbr73

      let me clarify my comment… it was meant towards the 90% of the people blowing Fly up over the last weeks commenting on his posts, although it has been some humorous entertainment… not @ iBankcoin…. the Fly, OA, Cain, CW, etc.. you guys do a tremendous job navigating the ins and outs on a daily/weekly basis and have the upmost respect for how you guys view the market.

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      • Mr. Cain Thaler

        Unless you’re running several separate handles, I don’t believe I was addressing you.

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