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
18,464 Blog Posts

DOW SKYROCKETS TO ANOTHER RECORD HIGH; NOTHING CAN STOP US NOW

I had a bad day in the market, in spite of the triple digits gains. I got my balls boxed in by $TECK, $UEC and $URG. Essentially, none of my stocks went up; but I was okay with that shocking underperformance, as I kept myself quite busy — chained to the laptop taking in all of the political hand-wringing.

Just 62% of stocks were higher and I, as is my right bound by the blood of my defeated enemies, added to an already over bloated portfolio of Trumpian themed stocks — buying up shares of $CLF.

Effortlessly, I waltz into the middle of a nuclear detonation — dressed to the nines, gin martini in tow, in search for greatness.

Often times the supreme feeling of ecstasy escapes me, maligned by a perfidious doom cast by failed trade, a missed opportunity, or an allocation designed to be burned in hell. I’ve been trading in these god damned markets all of my life — ever since the age of 10. I was both punching people in the face, whilst researching PE ratios by middle school. My fervor and passion for finance has never faltered and still, to this very day, believe that it is my birthright to bestow my god given gifts of financial prowess upon the masses. If unable to do that, I might as well take a year off to write a book about the whole ordeal.

Either way, I find the aspect of risk and investment to be intoxicating, only now betwixt by the ongoings at the White House. There is nothing more important than the outright treason being perpetrated by rogue elements of our intelligence agencies. The humorous treachery in all this is they’re, in fact, trying to accuse Trump of the very thing they’re doing — by cobbling together Russian spy novels into news articles.

They view themselves as ‘permanent government’, whereas the President is merely a guest, someone to be used as a public mouthpiece, or beguile the public to succor their superficial needs. I’ve never heard of such blatant disregard for the executive branch — people calling him a fascist, yet behaving like, err, fascists. The hypocrisy is rich with irony. The stench of corrosion from years of corruption has reached an ebb tide. The people are no longer fooled by this jingoism being disguised as patriotism.

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25 comments

  1. it is showtime

    I can get 1 more than you-index-programmers can:

    reset&added
    SDOW
    reset
    TECS
    reset
    FAZ
    reset&added
    TZA

    You now can’t get more consecutive contrived-orchestrated tripledigit days

    I’m beating you,

    Have a pleasant societal collapse, In which you couldn’t get me to fold

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    • lesurgeon

      I wish this fucking guy would communicate in legible English.

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      • it is showtime

        Pretty clear. The components of the Dow 30 are being programmed. I am a trader with most of my portfolio in inverse ETFs. The scenario is an elementary school game of one-upmanship. I’m merely putting on record in public my moves.

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        • lesurgeon

          He is human..

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        • natehois

          then you’re broke as shit.

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        • mr.wiggles

          are you on any kind of medication, Showtime?

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        • skalliwag

          You must be getting killed in this market.

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        • it is showtime

          natehois
          Nope. Excellent credit. Loan programs have provided my liquidity.
          wiggles
          Yeah, truth serum.
          skalliwag
          It failed existing as a market in conventional terms 3-4 years ago. It’s merely a programmed instrument on which society depends&reports on.

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        • heckler

          I’m sorry but no way showtime has any cash. He’s been short, shrifting himself relentlessly, for as long as I can remember

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    • it is showtime

      I remarked recently, trading has reached a cannibalization stage,

      zh today: hedge funds are now basically priced out
      “”Terrified”, “Hostile” Hedge Fund Managers Find Themselves Unable To Trade In Trump’s World “You see all time new highs day after day, a trajectory with very low volatility, valuation metrics that scare you. You’re terrified when you’re in and terrified when you’re out”

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  2. lesurgeon

    Anyone buy the Dips in U308 stocks?

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  3. og

    I hope CLF doesn’t kill us.

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  4. joyous__ending

    Classic bullish action.
    Your individual stock picks (that are earnings winners will bring 30, 50, 100% returns over the next 12 months. You won’t get that with a UDOW or SPXL.

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    • peaches

      Index investing is about being comfortable enough with your portfolio to take $10,000 of 0% APR balance transfers and dump them into an ETF for a year.

      When SPXL is down 30% and your stock is down 30%, you won’t add to your position by 200% as easily as someone holding SPXL.

      Different risks are being taken on

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      • ericbakerbruce

        You’re missing a few zeros

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        • peaches

          You’re missing a few inches

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        • peaches

          SPXL is up 400% over 5 years
          TQQQ IS UP 580% over 5 years.

          If you were to have had the balls to dollar cost average into one of those ETFs… you’d have more money than you do now.

          I had open positions in TQQQ and XIV for months in 2012, 2013. I had a 98% return in the first 8 weeks of 2013. If they were open now, with dollar cost averaging… I’d be retired. No stock picking required. Look at a chart. Then look at your tax returns. I’m right.

          I’m not arguing anyone should do it… I don’t anymore. I’m just pointing out its hard to argue you will beat one of those vehicles over a 12 month period by picking stocks on your macbook.

          make a point or go home bitch.

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  5. cancel19

    Good God Y’all!

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  6. dmfracer

    I’m aboard the $TLT Ark about to ride my calls from the bottom of the current trading range to the top. Glory!

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    • ironbird

      Agree with this. The deportations will take an Ark the size of Mexico to hold all the ones going home. It is going to happen.

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  7. din

    He does look like a gofer.

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