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
23,474 Blog Posts

The Futures Guys Are Utterly Useless

I’m looking at the S&P futures right now and can’t help but to laugh at the never-ending fail that is the futures markets. I know some of you trade the futures markets, for reasons unbeknownst to me. It is the least intelligent of all the exchanges, a place where neanderthals trade ideas with one another while feasting over elephant dung.

We’ve been getting massive spikes and drops in the markets, yet almost every single night the futures are flat. Man up, sack up, you apes. Either come to play the game, or don’t play at all.

It’s pathetic, really.

On that note, future are exactly flat, indicating the NASDAQ to open up by 0.05% tomorrow.

Jesus Christ.

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22 comments

  1. og

    Looks like it’s merger Monday with another Google buyout that isn’t Yelp. Sad.

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  2. Research Donkey

    AOL will buy the Yelp in time.

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  3. greencandle

    We all should’ve bought TSLA with Biden…

    https://www.youtube.com/watch?v=bDOYN-6gdRE

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  4. greencandle

    And FFS you have thousands of people looking at what you post, put an interesting music vid up at least.

    https://www.youtube.com/watch?v=M7Oe1DN5VDA

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  5. sloop

    This weekend I’ve been working on a scan that will pick stocks on the move from .50 to 3. I figure that’s the easiest way I’m going to make up the 100K
    I lost this year.

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  6. alf44

    .

    … I would prefer a scan that finds stocks that are @ .50 …. BEFORE … they go to $3 !!!

    Keep workin’ !!!

    .

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    • sloop

      Well, I’m no word smith but that’s kind of what I meant to say. But I picked 3 as a high hoping to find an opportunity to catch one from 3 to 5.

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  7. sloop

    I never play penny stocks but I’m getting desperate at this point. first losing year in over a decade. The easy money has been made now we need to really “trade”

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  8. sloop

    There’s a ton of indicators out there but I only have needed three. The RSI, Stochastics with a 6%K line instead of a 12 and I use RSI and volume minimum of a million. If you have had good luck with another kind let me know.

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  9. sloop

    I find that if I can spot the Stochs just turning up and the RSI about to cross the 50 line with improved volume. That’s a recipe for a nice move.

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  10. it is showtime

    Anyone else wonder why Belgium is 3rd largest holder treasurys?

    China, Mainland 1272.1
    Japan 1200.2
    Belgium 381.4

    Fed is either cheating (no they wouldn’t do that…)
    or, someone, is readying, to dump

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  11. ironbird

    Why is DB in need of money? The western worlds asset markets are at all time fucking highs. A painted fart is worth 100 million(with the right name). Wtf?

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    • ironbird

      They sold some fresh and clean shares for a huge fucking discount. But only a few of the new fresh and clean shares. How the fuck is this good?

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  12. ironbird

    Senor Fly. Some of us do not know what mega mergers mean in terms of cycles. What does the PFE and T deals mean to the bull? Sounds like a lot of money no longer available.

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  13. sloop

    Futures are sucking!!

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  14. position-trades

    Trading futures from a macro point of view, might be more intellectual than doing stock research.

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  15. jon v

    Fly – has your opinion changed on yelps long term success (ignore st):

    https://ibankcoin.com/flyblog/2013/08/13/yelp-is-a-buy/

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