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
23,441 Blog Posts

Stocks Should Continue to Rise Energetically, Until April

Truth be told, the market deserves to be thrashed to pieces. I’d love nothing more than to see it drop by 10,000 Dow points in a single session. The amount of money I’d lose would be catastrophic and ruinous, but it’d be worth it just to see the looks on people’s faces.

We’re all accustomed to being coddled by our central bank overlords and for good reason. They’re completely rigging the markets. Now when you read me saying that, some of you might scoff and dismiss it as Fly banter, but it’s true. It is a certifiable fact that central banks are manipulating equity prices higher and have done so since 2009.

Mario Draghi just said the ECB would step back into the fray with more EUROBUCKS, if needed. The ECB QE project is set to drop from 80b per mo to only 60b in March. But guess what?

The French elections are on 4/23 and the ECB might be completely fucked by then. Le Pen is going to guillotine so many people when she wins, the blood will flow freely through the streets of Paris — all the way to Algiers. Bulls have approximately 2.5 months of unfettered freedom, before the French elections become a topic to be feared.

Remember, I was bearish last year for negative rates and the deflationary spiral it represented. Rates have risen sharply, hitherto. There’s a remote possibility that German bunds might start rising again, ahead of the elections. But my money is on more rigging, more perversion, less worry.

In this era of hedonism, there’s very little for a bear to do, other than lose large sums of money.

The robots are still in control. Ergo, stocks will trade higher.

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12 comments

  1. Marc David

    TLT was fun while it lasted …

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    • Dr. Fly

      It was my best macro trade ever, until it wasn’t,

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      • thegametheorist

        I rode it all the way up with you , and down lol.
        love your honesty fly. FIG

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    • bennyhill

      Cause I’m TLT. I’m dynamite
      TLT and I’ll win the fight
      TLT I’m a power load
      TLT watch FLY explode!

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      • ericbakerbruce

        Cause Benny’s gay, he’s a catamite
        Gay, your balls he’ll bite
        Gay, he’s a big fat choad
        Gay, he loves your load

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  2. sarcrilege

    “Truth be told, the market deserves to be thrashed to pieces.”

    And SHOULD be thrashed to wake the fuck everybody up and flush out the frothy garbage so gold and silver can finally shine.

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  3. hedge500

    ~said in Morgan Freemans voice~ “and with that wonderfully written post, the market had hit its short term top”

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  4. mushroomz

    BB’s notes for half time

    https://www.reddit.com/r/Patriots/comments/5sb653/bbs_notes_for_half_time/

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  5. joyous__ending

    > I’d love…to see it drop by 10,000 Dow points in a single session. The amount of money I’d lose would be catastrophic and ruinous, but it’d be worth it just to see the looks on people’s faces.

    What is wrong with you? Going full nihilist?
    All I know, if the Dow dropped 10K in a day or a week, the correlating event would likely be an equal number of 10K dead people.

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    • thegametheorist

      what a joyous ending that would be.

      the dow is propped way the fuck up, and I can not fucking wait until it drops 10k points because I will take every dollar I have and throw it in the bonfire that is the American stock market.

      who even cares? if America fails, the entire world fails. then your dollars are worthless anyway.

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  6. it is showtime

    The attesting of language – here –

    “central banks are”
    “manipulating”
    “equity prices higher”
    “since 2009.”

    “robots are still in control.”

    Boom – bang – done – Salut

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  7. lesurgeon

    UEC is a fraudulent company.

    They were a fraud back in 2010 when Citron wrote a report detailing their practices and they’re a fraud now.

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