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

ZERO MOMENTUM: Europe Hammered, Oil Hammered, Futures Plunge

Oil is at 7 year lows, great recession lows. China’s Yuan is at 4 1/2 yr lows, as the red communist manipulate their currency lower. And U.S. futures are sharply lower, wiping out all of yesterday’s gains.

“We are in risk-off mode,” said Piotr Matys, emerging market currency strategist at Rabobank in London.

“Another round of selling in commodities with oil prices at new lows has sent global stocks lower and emerging market commodity currencies are under pressure.”

Dow futures are off 140ish. Prepare for the apocalypse.

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15 comments

  1. thebigragu

    Fly where is the FAZmobile?

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  2. danny1980

    I’d rather see futures red then another green to red fade. Coupled with the OS signal you have two days ago; this should be a hammer reversal day.

    Or HYG, OIL continues to crash and we lose everything…lol

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  3. t.c.

    Time for “True Survivor” mode. https://www.youtube.com/watch?v=ZTidn2dBYbY

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    • cat

      Hadn’t seen that video before t.c. Thanks for posting

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      • t.c.

        There is a whole movie related to that. Don’t waste your time though, let Fly review it for us. Working on my buy list.

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  4. braveflaps

    4:04 of solid gold, t.c. Who needs the Devil Dog when the Hoff knows Kung Fury???

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  5. nocturne

    I’m starting to wonder if it isn’t better to be a missing Chinese billionaire right now …..

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  6. traderconfessions

    Personally I love low oil prices. Paid $2.14/gallon. Must be below $2.00 in the Garden State. Sucks money from Putin and rich Saudis who support ISIS. Bad news for oil patch but don’t remember them helping me pay for $5.00 gas.

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  7. berniecornfeld

    HoHoHo

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  8. bountyhunter1

    Just drove from Dallas to Newport Beach 1.78 was the low. Spotted in West Texas a billboard spray painted in that Chik Fila style “Obama worst president ever” and “Kill the Muslims” in a bathroom truck stop

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  9. blahblahblah

    If I move the market like Shakira-on-meth will it make up for my miserable year?

    Sincerely,

    Hedge Funds Everywhere

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  10. og

    Gonna be a lame weekend.

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