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
23,423 Blog Posts

Not Strong Enough

With breadth at about 70% to the upside today, three out of four of my “horsemen of financial insolvency” are lower today, with YELP being a flaccid example of strength. For the most part, today’s rally is being mailed in. I am not seeing a lot of commitment by the bulls and the battlefield stocks, like the ones I am long, are still under pressure.

In order for this market to take off we need a spectacle, something so crazy and outrageous it will send the bears running from the battlefield with pikes in their stomachs and fear in their hearts. But this, this is nothing more than child’s play. They will brush it off and get back to work on these stocks in the morning, or maybe even later on today.

Remember who you are dealing with here, deviants, twisted, dangerous people, who harbor ill-will towards man and would like to see the human race suffer–from starvation if possible. These people need to be defeated, else all that is good and righteous, democracy, will be lost forever. Your grandchildren will grow up to eat shoe leather and their kids will most likely be deformed from malnourishment, join local militias, and become murderers.

But all of that can be stopped here, right now, if the stock market could gap higher by another 5% or so in a period no more than 1 week. With that, we can send these evil sub-humans back into hibernation, to play amongst the rats, as we bask in the sunlight of freedom.

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37 comments

  1. The Real Muppet

    Amen

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  2. Sspiff

    excellent post! Humor of the highest caliber. Bring back the vagrant clad in burlap roasting rats over flaming barrels of garbage.

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  3. alf44

    .
    Bears are people too !!!
    .

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  4. magicrobert

    It can happen if Yellen keeps Bullard quiet. Just waiting for him to “clarify” and screw all the positive stuff (like we are not going to die a horrible death today or tomorrow) with his witless, drooling drivel.

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  5. Jermey

    Hi beta Growth stocks being re-priced, that is all. Don’t take it personal.

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  6. Hobbs

    I remember a few weeks ago you were bitching about the market going up without your stocks…I forget what happened next.

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  7. Aaron

    AMEN< AMEN< AMEN!!!!

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  8. the pirate

    Will Yellen announce a bake sale soon? I could use some chocolate chip cookies.

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  9. Badduck

    The short interest in these stocks must be off the charts. Time to light some tinder.

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  10. Jermey

    ali baba is going to be fantastic

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  11. THE_WOLF

    i smell blood.
    post yellen, yield curve 10/5 flat to down,
    market remains confused,
    the only thing holding this market up is the misbegotten hope of the euphorically deluded

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  12. og

    Russia will save us all.

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  13. Freddy Fishsticks
    Freddy Fishsticks

    Lots of earnings disappointments, higher-guidance announcements coming. Jan-Feb weather was/is unprecedented, at least in the modern investing landscape (e.g. opinions change with the wind due to information overload). The economy is presently roaring.

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  14. Jermey

    The Feye has major issues. Even grub and vjet are up today

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  15. Bernard Cornfeld
    Bernard Cornfeld

    Did Grandma actually say anything or did she just bring milk and cookies?

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  16. candy

    This is the worst +15 SP day ever. huge divergence with IWM. Distribution is going on during a shortened holiday week. Next week: sp sub 1800

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  17. Bear

    wow 3/4 twerking when the market is working…..this guy knows his stuff

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    • The Fly

      To be fair, old chap, WDAY and SPLK were up 7% yesterday.

      What did your positions do yesterday?

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  18. mackypinky

    30yr near highs of the day..

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  19. Trading_Nymph

    Why Can’t we Just Move Down, Stupid Bulls…arrrrghhh.

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    • THE_WOLF

      what short vehicles are you/do you prefer using nympho ?

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      • Trading_Nymph

        Stupid Etf’s to study this bubble. Horrible Tool but protects what I don’t know.

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  20. it is showtime

    All I want is a lower high

    Then a

    – – – – – – – –

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  21. The Real Muppet

    I still feel like the bears are hiding in the woods, stalking, waiting to strike.
    http://www.youtube.com/watch?v=ZJv86RpLsVQ

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