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
23,446 Blog Posts

Happy Friday

The NASDAQ is higher, thanks to Lord Google.

Apple and CRM are leading the way for me, with a little positive pin action in PANW and YHOO to boot. But because of my wide array of holdings, some of which are NOT large capped NASDAQ, I am flat for the day.

No worries. “The Fly” still has his orbital space cannon (OSC) to play with and is busy researching methods by which he could extend his winship to grotesque proportions.

My general sentiments are such: short squeeze will ensue. US markets are cheap and will continue to press higher into 2016. For the most part, the American indices have been a fucking bore this year and the lot of you are wholly complacent with yourselves. Volatility is virtually non-existent and things will remain this way, as it is the “new normal.”

This might sound insane to you–because much of it is. Nevertheless, my job doesn’t entail me getting mad at reality or to try to alter it. I am merely a slave to the trends and the biggest one going is higher equity prices.

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7 comments

  1. tsmalley15

    Picture of Zombie in his TUX at last year’s conference?

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  2. matt_bear

    gold and silver stocks….still for losers.

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  3. fatted calf

    Good Fly, do your Exodus robot minions monitor daily new 52-week lows in the NYSE?

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  4. it is showtime

    Wouldn’t be surprised if the ‘shanghai-people’ are pumping the nasdaq
    Isn’t that how scams work?l
    (you move to the next one)o
    l

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    • formergeek

      They must want to buy up all the precious metal and natural resources for pennies too

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  5. jonny

    “This might sound insane to you–because much of it is.” … and there you have it.

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