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
23,445 Blog Posts

The Set Up is in Place

Earnings are becoming a memory. The fodder has been disposed with. All that is left is for cheaper assets to grow more expensively, as the great Wall of Worry ejaculates winship all over the Zerohedge crowd.

NOTE: I was up a titanic 0.4% today.

If you enjoy the content at iBankCoin, please follow us on Twitter

25 comments

  1. clegger_2000

    Status of the OSC program?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. budh

    +2.93% today. These are the days when I think I’m smart. Other days, when the market outperforms me, the market is stupid.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. xxxhuggiebearxxx
    xxxhuggiebearxxx

    There is no where else to store money, and there is way too much of it floating around. Some folks have unimaginable gobs of money and literally nowhere to put it.

    The market will probably just keep going up until rates rise, if they ever do, which they may not.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Dr. Fly

      You remind me of a jar filled with nitroglycerine.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • xxxhuggiebearxxx
        xxxhuggiebearxxx

        I find myself without even the slightest idea whether the market will go up or down, not even 15 points in either direction. I am just resting here in the warm brazilian waters hoping not to be affected by the pollution.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  4. position-trades

    The biggest uncontrolled gusher of pollution, by far, is the global warming pollution we’re putting up at the rate of 90 million tons per day……said once a large OXY shareholder.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • budh

      I’ll take global warming seriously when they shut down all these frivolous airplanes flying all over the place spewing jet fuel into the atmosphere.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. rigged game

    We are looking exactly like Japan did for the 25 years after the Nikkei hit 38,000.

    The Japanes market dropped to 10,000 and stayed there, as their interest rates were ZERO.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. sloop

    You had mentioned afraid to make a move. Last night NEWL showed up in my scan with a .42 new low. today it closed at 1.95 I missed out on 100K at least. If you cant pull the trigger you cant make money. CRAP!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. sloop

    BTW today was the lightest volume trading day of the year

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. big boy

    Fly, how much you down ytd? 30%? Prob more like 40%, just checking bc you haven’t had a single winning trade in 5 months, please advise thanks

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. dae42

    I’m fairly certain big boy drives an Impala. Just an educated guess on my part, though. Enjoy the pre-Hamptons guillotine, shorts!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. alf44

    .

    … Eminence Front …

    The drinks flow …
    People forget !
    That big wheel spins, the hair thins …
    People forget … forget they’re hiding !

    The news slows …
    People forget !
    The Shares Crash … HOPES ARE DASHED …
    People forget … forget they’re hiding !!!

    Behind an eminence front …
    Eminence front – it’s a put on !

    It’s a put on !!!
    It’s a put on !!!

    Come on join the party …
    Dress to kill …

    Dress yourself, dressed to kill !!!

    ~ The Who~

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • sloop

      alf, I like you…too fucking bad your a god damn liberal!!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  11. alf44

    .
    … Ah hem …

    For the record …

    “your” … prolly shoulda been … “you’re” !!!
    .

    OH !!!

    And … have the good sense to realize that Ted Nugent is a Fucking Cockroach !!!
    .
    Aside from that … let’s go have a beer !!!

    Please !!!

    NO … Pabst Blue Ribbon !!!

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • sloop

      LIBERALS ALWAYS PICK ON SPELLING!!! It drives me up a WALL!! Why is that SUCH a fucking deal with you people!!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • sloop

        That being said, I would love to have a beer and shoot the shit with you man!! BUT! I live in Idaho . Had to get out of CA because of all the liberals..no joke. (Did I mention I’m armed to the teeth)

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • alf44

          .
          … well, you mentioned you were in Idaho !

          Say NO MORE !!!
          .

          I’ll PASS on the beer … It would prolly end with one of us shot dead in the parking lot !!!

          Prolly ME !!!

          —-

          That was a joke BTW !!!

          .

          • 0
          • 0
          • 0 Deem this to be "Fake News"