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

Markets Rally For a 5th Consecutive Week; Crude Closes Under $40

There is going to be hell to pay for all of this depravity in about 4 weeks hence. I know what you’re thinking. I’ve been dealing with audiences like you since my political blogging days, dating back to 2001. Many of my peers in the finance blogging racket are losers (extra Trump). These are people who I wouldn’t trust giving a tip at dinner, let alone offer me financial advice online. I hope you can appreciate and understand what I am trying to do with iBankCoin for 2016. It’s a complicated, multi-layered, strategy, which is aimed at training you to think analytically–from news to taking down positions.

By the end of 2016, you and I both will be better traders, decoders of financial subterfuge aka ‘news’, and have bountiful gains to show for it. Hopefully, all of this extra effort I am putting forth, publishing upwards of 15 blogs per day, parsing through the muck for a benefit of the ‘reader class’, will net the intended results: low beta,high-octane returns.

Markets rallied for the 5th consecutive week. But bonds rallied too. As a point in fact, the Japanese 10yr has never been lower, which is anchoring all bonds from selling off. We have a problem deep in the crevasse. Its been buried under 5 weeks worth of shit. In due time, all of the refuse will wash away from the tears of debilitated short sellers. At such a point in time, by my gameplan in late April, markets will reverse–in earnest–offering no quarter or respite for investors scrambling to avoid loss.

Everything will burn. Everything will be destroyed. Everything will be torn from foot to crown.

Have a great weekend!

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12 comments

  1. anjing bau

    another awesome week…..woot woot…. $CVX nice break above resistance AB=CD tgt is ~ 110….. the tape tells the tale… BS is for bloggers to grind on….

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    • bushwacker2

      Enjoy it while it lasts. The laws of effort and result tells us that the SPX lost a lot of momentum today. We shall see what next week brings.

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      • Dr. Fly

        she won’t know what hit her. She is immensely ignorant and enjoys fortune only by random strikes of luck.

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  2. anjing bau

    I hope you can appreciate and understand what I am trying to do with iBankCoin for 2016. It’s a complicated, multi-layered, strategy, which is aimed at training you to think analytically at all things–from news to positions.

    there is something to be said for KISS

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  3. frog2

    these faggots complaining about too much news posts are the same ones drawing 20 lines on a chart

    learning how the market reacts or doesn’t react to certain news in bull vs bear markets is important

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  4. it is showtime

    This -is- the Hegelian Dialectic

    The drops. The saves just at the right time. Then 5 weeks of Soaring Dow.
    Government saying we are here for you, see what we are doing for you?

    [Especially while they do all sorts of other things behind the curtain]
    Building the house higher, those upper layers, on Shakier Foundation

    End of -rebound wave- Coming Soon

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  5. tradingnymph

    Us Bears have been Bitched Slapped since Draghi sent that letter out in Mid Feb., We have been hit with Neg Rates, Bazookas and Yellen saying we screwed up and promise to never touch rates ever again. And YOU know what, pull up a multi year DXY chart and you see we are still strong and this is just sideways action. We are strong…Central Banks we are coming for you. Grrrrrrrrr.

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  6. gorby

    I’ve said this before-get rest.Your
    doing it all ,entertaining,teaching,
    predicting- great all of it. Burn out
    is not pretty and it hits hard_extra hitman Hearns
    I hear Melantonin is effective.

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    • Dr. Fly

      I feel good. Don’t worry, I am in good shape. I eat good, exercise and do not drink much.

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      • typebtrading

        Yah but you could still be hit by a bus. Hang tight friend, no one is safe with Uncle Ben in the basement of the Citadel.

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