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
23,419 Blog Posts

Rolling Higher

Futures have tempered earlier exuberance, following some stronger than expected economic data. Europe is very strong and the wall of worry is very short now. Of course we are overdue a pullback. Nothing lasts forever, except Orbital Space Cannons (OSC).

I still like biotech here. This morning the CEO of ONCE was on CNBC and talked about their cure for blindness, using gene therapy. We are living in an amazing era of technological advancement, yet some of you bedlamites are buying gold–like a fucking caved man– circa 10,000 BC.

Listen to me: you’re gonna get slapped in the face with a stockwhip, buying gold and silver here.

I want to own several biotechs long term, most of which I’ve already talked about. I missed my shot to buy ESPR. God willing, I’ll be able to buy it on a dip.

I still have some cash on the sidelines and will be looking to allocate it before 11am.

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2 comments

  1. matt_bear

    gold and silver stocks are for losers.

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  2. bruce keller

    I think demons could be coming out of fissures in the ground and NFLX would churn higher.

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