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
23,444 Blog Posts

IMMENSE OPPORTUNITY IS AHEAD!

I’m up almost 1% for the day, pushing 10% for the year. The market has been on a crazy man run to the upside, hobo-style. Part of me wants to sell to lock in gains, thinking we’re gonna give it back at some point in this god forsaken year. After all, YNDX was up $1.50 earlier today and now is barely up for the day.

But another part of me wants to press the envelope, hoping to extend gains to the point of madness.

Oil trades like a small cap nasdaq stock and I am grateful that my largest oil position is higher today. I’d like to tell you to heed caution and to know that nothing lasts forever. I’d like to say we are due for a pullback and that the cautious path is the appropriate one. However, I can only say such things if I were drunk, or worse– a fucking moron.

Ladies and gentlemen,

This market is a celebration of life, the human race, and all that goes with it. We’ve struggled and toiled through the centuries to get to this point, a singularity between man and machine. Now that we are here you want to trade gold stocks?

Fucking idiot.

Top pick: AAL

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

9 comments

  1. badduck

    I don’t think that AAPL will ever have another down day.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. it is showtime

    Again, it’s really easy to win a football game, when the refs are always handing
    the ball back
    to the other team

    And 2, They are so in a box, L (o) L

    “Two-Thirds Of Citi Survey Participants Say Central Banks Are Now Fully In Control”
    02/17/2015

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

      Central banks in control… Ha, influencing but I wouldn’t say they had control, I see the FED is backing off their interest rate rise language. Such an academic group, I bet they are having the time of their lives.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • it is showtime

        You are Un-aware. Which is fine obviously. More and more evidence of Boj/Ecb/’foreigners’ buying S&P futures. Boj for whatever reason easily has a massive buying role currently

        So it’s Di-rect control. Not conspiracy. Free market is dead is an overstatement. Direct control of world markets, is what you are experiencing

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

    I need money.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. fryguy15

    I am up ~30% YTD. I know exactly what you are saying. A part of me wants to sell down in a big way and wait for more fuckery, as there is always more fuckery ahead.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. og

    So I guess SHAK moved with JACK.

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