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
23,471 Blog Posts

Asian Markets Add to Gains; European Futures Higher

Shorts over in Asia are getting their faces punched off, speed bag style. The NIKKEI is higher by 0.9%, Hang Seng 1.3% and China by 0.2%.

Over in Europe, futures are pointing to a 0.7% move higher and oil is up by another 1.4%–extending the biggest gain in 7 years.

All in all, the market is supposed to trade higher now–because cataclysm is always a low probability, suckers, trade. I’m looking for stocks to trade up until early February, at which point the seal of hell will be released and a demonic state of terror will grip indexes and drive them lower.

Until then, happy trading!

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