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
23,449 Blog Posts

ANIMAL SPIRITS ARE RUNNING WILD ON WALL STREET

There’s something about the term ‘animal spirits’ that’s very carnal to me. It implies fervor, a derivative of the most base human instinct, which is to conquer and plunder. I’ve read a few articles today referring to the market as imbuing animal spirits. I tend to agree.

While the uranium sector is taking a pause, the metals look good. I cannot stress to you enough how crazy that $X guidance was yesterday. The stock should double in 2017, taking with it the whole sector. I prefer $CLF because of the leverage and potential upside to $30 from current levels.

Once the market starts to talk fiscal stimulus, you’ll see the steel and zinc plays break the fuck out — snapping necks like it was Thanksgiving.

I don’t pretend to know all the answers, I actually know them.

While you ball jugglers attempt to figure out what’s going on, I’m in the zeitgeist seeing it all — omnipresent — aware of almost every facet of human existence and how it trickles up to markets.

It’s February now and the market hasn’t crashed onto the orange face of Donald Trump. Ergo, the rally is for real.

Don’t hesitate to step in.

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5 comments

  1. henceforth

    I’d like to see the Dow get back over 20k again before I take a dip in the swamp

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  2. dopefeller

    U.S. makes sanctions exceptions for some transactions with Russian intelligence agency. Well done – http://www.reuters.com/article/us-usa-cyber-russia-idUSKBN15H244

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  3. awanka

    I am a feral pig, Mr. Fly.

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  4. heckler

    Sea lion is my spirit animal

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  5. cancel19

    Always protecting my nuts and greedily searching for moar.

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