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
23,431 Blog Posts

That Rally Failed

It looked good, three different times throughout the day, only to fail miserably–leaving investors holding a flaming bag of shit.

I hate to say this, but the entire fate of the western world now lies in the wrinkled hands of Grandma Yellen tomorrow.

Crude was lower.

Oil stocks were cosmically fucked, down 5-10% across the board.

Breadth was at 38%

Airlines were the best performers on the day.

Oh, and yes, TLT was higher by 14 cents for the day, to $131.63.

The ark floats.

NOTE: I purchased SPY at $183.69 today. ***Limited Exodus free trials will begin at midnight…stay tuned***

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15 comments

  1. matt_bear

    love the transformer cartoon title pics. always a fave. Jazz coming soon?

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  2. zheeeem

    Woulda had a rally but for the IEA report. Like it’s some kind of big news that there’s an oil glut.

    Would be nice to give Exodus another try. I didn’t do it justice last time.

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  3. the grandma

    Oh boy. I knew we’d fail the moment you said we could rally.

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  4. edgar

    yellen – down bullard, up, dudley sideways, evans, diagonal
    i’m gonna ride you like a harley on a bad piece a road

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  5. infinitezuul

    *Yellen: Not reversing course on rate hike
    *Yellen: Sees less hikes this year
    *Yellen: Cites “Global uncertainties”
    *Yellen: Considering restarting QE
    *Yellen: Considering expanded QE
    *Yellen: Considering “much bigger” QE
    *Yellen: Considering QE that is “bigger than your biggest assumption”
    *Yellen: Considering “Fuck You Sized QE”
    *Yellen: Considering modifying Fed Portfolio
    *Yellen: Considering increasing duration of Fed Portfolio
    *Yellen: Don’t call me grandma
    *Yellen: I ain’t your grandma

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    • edgar

      *YELLEN: I DRINK YOUR MILKSHAKE
      *YELLEN: YOU CAN DRINK YOUR OWN MILKSHAKE
      *YELLEN: HERE, DRINK MY MILKSHAKE
      *YELLEN: THERE WILL BE NO MOAR MILKSHAKES

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  6. og

    Misses get sold off 30%+ these days. Crazy.

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  7. frog

    It’s true that Yellen is the most powerful person on earth. The Fed Head is always that.

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  8. frog

    The entire fate of the world always lies in the Fed’s hands. But this time it is more evident than usual.

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  9. doughjadank

    Anyone else want to see the next 40 years? Fuck you old dickbags screwing shit up.

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  10. t.c.

    $183.65 was a good fill.

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  11. blahblahblah

    lolz *flaming bag of shit. only two more years to go.

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