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
23,499 Blog Posts

Stocks Give Up the Gains in the Final Minutes to Close Flat

Today was a complete waste of time. It was actually a good thing, since it gave me more time to focus on publishing incendiary and divisive political rants. Maybe I’ll start getting into religious topics too, in order to really start pissing you people off. Bear in mind, you need me way more than I need you.

Stocks were going good, until the final minutes of the session. Everything fell apart and morons ran for the exits, tripping over themselves and breaking their teeth on the hard pavement below.

Crude was down 3%, gold -2% and TLT was higher by 0.3%.

A marijuana drug stock, GWPH, was the highlight of the day, alongside the stubborn stupidness of DDD and their 3-d nonsense.

BTU is barreling headlong towards bankruptcy, Putin is winning in Syria, and Obama is a stark raving clown.

Oh, and President Trump is gonna make this country great again, keeping savages out on the other side of the Mexican funded wall.

Good day.

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34 comments

  1. dragun

    MMMMM .. pancakes ….. mmmmmmm

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  2. ironbird

    After the Trump paradise train steam rolls into the WH the man God will proclaim himself Pope and rename the Vatican Trump town.

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  3. frog

    No matter what Putin does, Right Wingers seem to love it and think he’s some great hero. I guess he’s very similar to Trump in that way. He gets involved in the Syrian civil war. That seems great to Right Wingers. He goes back the other way and pulls out of Syria. He still seems great to that audience. He’s considered great and Yuge, no matter what he does. If Left Wingers worshiped Putin in this way, Right Wingers would call Left Wingers Communists.

    Excerpt here from a news article from 1 hour ago.

    “Pavel Felgenhauer, a Russia defence analyst speaking from Romania’s Bucharest, told Al Jazeera that Russia was seeking a compromise with the West.

    “The planes can fly back from Russia in several hours. This is Russian airforce that is in action. Air force is very flexible… so this doesn’t mean that Russia is withdrawing from Syria or abandoning the Assad regime,” he said. “But also it means that Russia is seeking a compromise… Russia is absolutely not ready to take on the West over Syria. ”

    http://www.aljazeera.com/news/2016/03/putin-orders-russian-troops-withdrawal-syria-160314175036414.html

    It doesn’t sound like Obama is being disrespected or seen as small at all– although that’s the way the Right Wing media will portray it.

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    • Dr. Fly

      Make no mistake, Putin would defeat Obama in a general election, IN AMERICA.

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      • frog

        I don’t agree with you about a general election. But Putin could easily win the GOP nomination.

        Putin has been defending Assad in Syria, who slaughtered his own people, using chemical weapons against them– and causing their friends, relatives and neighbors to flee for their lives. These immigrants to Europe and elsewhere, from Syria, created by Assad, are one fifth of the Syrian population.

        If Putin has finally decided this isn’t a good idea to be doing this, I do agree with him there. But the fact that he was doing this to begin with, certainly makes him less than a hero. Except to Right Wingers who are hooked on the macho strong man image of a shirtless guy, and are not paying any attention to what that guy is actually doing.

        Trump said it himself. His supporters (who also love Putin) would vote for him even if he walked out on 5th Ave. and started shooting people.

        http://www.cnn.com/2016/01/23/politics/donald-trump-shoot-somebody-support/

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      • bushwacker2

        Frog, dude, do you ever stop?

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      • frog

        I don’t agree with you about Putin winning a general election. But Putin could easily win the GOP nomination.

        Putin has been defending Assad in Syria, who slaughtered his own people, using chemical weapons against them– and causing their friends, relatives and neighbors to flee for their lives. These immigrants to Europe and elsewhere, from Syria, created by Assad, are one fifth of the Syrian population.

        If Putin has finally decided this isn’t a good idea to be doing this, I do agree with him there. But the fact that he was doing this to begin with, certainly makes him less than a hero. Except to Right Wingers who are hooked on the macho strong man image of a shirtless guy, and are not paying any attention to what that guy is actually doing.

        Trump said it himself. His supporters (who also love Putin) would vote for him even if he walked out on 5th Ave. and started shooting people.

        http://www.cnn.com/2016/01/23/politics/donald-trump-shoot-somebody-support/

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      • frog

        Oops, sorry about the double post. It had looked like it didn’t post the first time.

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      • frog

        Bushwacker2, no, I do not.

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  4. it is showtime

    Obama&company isn’t about to let Trump reverse the last several years. 12 election was the one that mattered. That was the time to stop it (if at all)

    too late

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  5. The Maven

    I love this thread so hard.

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  6. zerosum

    Why do you think Obama’s approval is at a 3 year high? Because the public’s got a whiff of what’s coming and it’s all worse.

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    • frog

      No, because, as history will eventually show, he’s one of the best presidents we’ve ever had. He couldn’t control the Deep State, so he didn’t.

      http://www.amazon.com/Deep-State-Constitution-Shadow-Government/dp/0525428348/ref=sr_1_1?ie=UTF8&qid=1457989777&sr=8-1&keywords=The+Deep+STate

      And he had a lot of opposition in Congress for part of the time. But he did what he could to help the people of this nation.

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      • beatnickbob

        Yep, sit back and watch the world burn. Best president ever. Why try, we’ll just screw it up. That’s what I tell my kids all the time.

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      • frog

        Why try what? Like Bush tried the invasion of Iraq, based on non-existent weapons of mass destruction? There are some things it is realistic to give up on. Do you tell your kid to never give up on any idea, no matter how dangerous or nonproductive or delusional it is?

        Looking at things realistically, the Middle East is likely to burn, no matter what we do or don’t do. And one of the big reasons why people become terrorists is that the U.S. invaded their countries. If some M.E. country invaded the U.S., we would want them to say “Why try” to do such a bad thing?” to give up and stop, as they well should. Why should they feel any different about foreigners invading their own country and trying to tell them what to do?

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      • frog

        Beatnickbob, I guess when violent crazy people who live down the street from you get into one of their violent fights, you tell your kid to go over there and get in the middle of their fight, and solve that family’s problems for them, Do you?

        And Obama has not given up on fighting ISIS. He is just not trying to do nation building any more because it doesn’t work.

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      • ironbird

        For the love of Satan shut the fuck up frog. There has to be way to ban this whiny little bitch. Please God strike it dead.

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    • bushwacker2

      Obama is the worst prez since Carter!

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      • frog

        I am sure it seems that way if one reads/watches/listens to Right Wing propaganda “news sources” that some here apparently do. Right Wing propagandists start with the conclusion that everything Obama does is wrong. Then they go from there, inventing reasons why that conclusion is true. Your Right Wing “news sources” are lying to you. Even Trump supporters have figured that out.

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      • bushwacker2

        Bullshit. My conclusion is from observation. Go jump in a lake, frog.

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  7. Verona Gentleman

    Has iBankcoin officially come out in support of Trump? Feels like this is now a stocktrader’s Breitbart. So much political news here and not much discussion of individual stocks or trading ideas–mostly macro events with a zerohedge vibe. Adding election primary bullshit into the mix makes for a depressing news stream…

    Will be glad so glad when they just get it over with and finally crown Trump, then he can get on with making America great again, Mugabe-style.

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    • The Maven

      Join Exodus. We tolerate the good Doctor because we are his clients.

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    • Marc David

      What’s to discuss?

      None stop rally train. Buy all dips. Look for the worst of the worst and see if they spike by 25% in a day. Or buy the SPY and take a nap. Other than that … it’s pretty boring. Same old same old. China this. China that. Trump, Hilary, Bern. Snoozer.

      I’m loving this political blog stuff. The comments are what I come for anyway. But the main posts are pretty good too. This iBC crew does a heck of a job keeping content flowing.

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  8. matt_bear

    I heard Trump was going to make Pink Floyd pay for it.

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  9. chuckem

    Religious commentary, please.

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  10. ironbird

    Ban frog petition. Lets throw the fags manners back at him. Protest frog. lol

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    • Dr. Fly

      Frog is a female. Just saying.

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      • ironbird

        Please cancel the last comment. Did not see this and feel bad.

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      • frog

        My gender doesn’t need to make a difference, Ironbird. Men do not deserve insults any more than women do. And women are not necessarily more hurt by insults than men are.

        About 50% of the people in the world are male, and 50% female. You can’t look at 50% of the world and say those people are all the same as each other.

        Why not agree to disagree? What’s the big deal about having different opinions? Why try to ban someone for disagreeing? Our nation can be a better place when people can express different opinions. Then we can discuss what we each think is best for our nation. And maybe we might each end up thinking that the other has a few good ideas. Maybe we put ideas together, some different ones from different people. And we maybe come up with some great solutions.

        One thing I like about your guy Trump is that he says new things that no one else in his party has said. Some of those things– like that the Iraq War was a mistake– have been said only by Democrats before. But he doesn’t care. He thinks that a good idea is a good idea, no matter where it came from.

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      • ironbird

        Never call women certain things. If not funny or original. I apologize.

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      • frog

        Thank you, Ironbird, for your apology.

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  11. blahblahblah

    i love frank. i was so bored i bought the GDX. it should continue lower now.

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  12. doubleplus

    “Maybe I’ll start getting into religious topics too, in order to really start pissing you people off. Bear in mind, you need me way more than I need you.” Man, you’re really in form lately. So glad you started cursing and deriding the reading class again. That’s what makes this place fun.

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