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
23,426 Blog Posts

NEWSFLASH: The Trump Trade is Dead

I think I made a mistake selling my bonds and my soul to become a neocon. Every trader harbors doubt, even regret, after taking on big positions. Sometimes doubt can be a paralyzing side effect of a market in disarray. Without question, this market is in shambles — the sort of tape only the devil himself could concoct.

Let me explain.

The pseudo-optimism that was promoted after the elections were predicated on outrageous tax cuts, deregulation, infrastructure, healthcare/tax reform, and fair trade deals. Instead, all we’ve received, thus far, are moderate reductions in regulations and World War 3.

Any questions?

You fucking faggots can dream all you want about owning the next $STRP — but the fact remains, the ark sails firmly, immune to nuclear blasts and the winds of clownish uncertainty.

Observe.

My favorite ways to gain treasury exposure are via $TLT and $ZROZ.

The other bull market is in gold, which is filled with annoying shitheads who’ve been clamoring for global collapse since the 1970s. Their ideas are only more outdated than their vinyl record collection.

Lastly, the utilities are roaring higher — because everyone needs that damned electricity and central cooling.

THIS is your market, you incompetent fools. I am here attempting to become the next Howard Hughes, profiting off the deaths of America’s enemies, both real and made up, and yet the easiest money to be made are in sectors that require zero cognitive thought.

Everything else is complete shit — led lower by depressions in oil and gas, apparel, auto dealerships and drugs.

I know, last year the same thing happened and the market ended up strongly. But let’s not pretend the election didn’t have a major effect on stocks. It was the biggest short squeeze of all time — once after BREXIT and then again after Trump won. Set aside those two events, stocks were marking time — boring — bogged down by an economy hardly growing.

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33 comments

  1. MSGT HARTMAN

    APR 12: The man who allegedly killed U.S. Border Patrol Agent Brian Terry in 2010 using a gun purchased through an Obama Administration gun running program has been arrested in Mexico.
    Heraclio Osorio-Arellanes, a member of a Mexican cartel, was arrested by Mexican officials following a joint U.S.-Mexico police task force including the Drug Enforcement Administration (DEA), U.S. Marshals and the U.S. Border Patrol.

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    • frog

      to call it an Obama Administration gun running program is not accurate. Here is what it was. I know that you folks on the site always take every opportunity to bash Obama and other Democrats, even if you have to lie or distort the truth to do it. That’s why you end up with a Congress you hate, and you keep voting more Republicans in, and they keep effing up more. Because you believe propaganda that claims that Dems are the Devil. I hope you are enjoying your dickish Republican Congress that you elected yet again because they told voters pretty lies once again.

      https://en.wikipedia.org/wiki/ATF_gunwalking_scandal

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      • bintercorp

        This is my impersonation of “frog”:

        Omggg… Obama didn’t run guns. Here is what it was: …

        REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE! (no argument or evidence)

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      • dp909rev

        Wow wikipedia. You should site Snopes too just to prove your point.

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  2. heckler

    Site still the jankiest ever Fly. If I write a well thought out, multi-paragraph response (takes real time) and then press that little bullshit menu button on the upper left (accidentIy) I get stuck in a list of bloggers, floating far above, with no way back. With no way to “post comment.” Nothing to do but scroll forever up, and then there’s the bullshit list.

    Maybe it’s my gigantic android phone but it’s fucking frusturating… And still slow

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    • Dr. Fly

      Heckler

      Thanks for the feedback

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    • bob smith

      Heckler: I’m getting a little tired of your whining about your “reception” on that flip phone you’re using. I’m using a 10 year old computer with the crappiest operating system known to man (Vista) and have ZERO problems. IBC is flawless and fast as lightning.

      Do me a favor, get yourself a cheap computer and use your phone for what it’s designed for (i.e., making phone calls and getting spied on).

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  3. dmfracer

    Fly, I agree, this market has me second guessing myself at every turn. A real challenge. I keep letting winning positions turn red. This market is like a drunken sailor shambling down the dock. You have to be nimble not to get knocked in the water, to be left to sink to Davy Jones locker.

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  4. natehois

    I’m going to use the “oversolds” with the highest probability of a high return in that grid in exodus and add the highest one each day for 10 days and keep rotating them out. I bet it works in any market. Or at least 60% of the time every time.

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  5. dae42

    Blogging prowess…good. Investing prowess? Not so much

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    • Dr. Fly

      I used to be a lot better. I’m more of a macro thinker now. The trading life is too chaotic for me now.

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      • heckler

        You’ve been absolutely dead on macro in some ways. But your red pill has failed you… Connect the dots and become the true blogger sensation you’re meant to be. Fuck stocks if that’s not your thing anymore. Just trade the over sold signals and speak-a da truth.

        Be vulnerable. Open up.

        Your time has come, Fly. Make a real difference!

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        • heckler

          Be an artist brotha

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        • Dr. Fly

          I’ve been blogging since 2003. Often times bloggers think their readers give a shit about them and start to make the site all about them. That’s a recipe for failure.

          Only a small number of you actually want to know anything about the writers here. People want information and to learn useful things.

          I happen to love doing this and will continue to do so, but not make the site about me.

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      • The Alchemist

        no more #ImpalaLifestyles ?

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    • vandamme

      BANNED!

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  6. dopefeller

    “Trump threatens to withhold payments to health insurers to press democrats on health bill”
    A leader who is willing to hurt his own countrymen to score points.
    Enjoy!

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  7. it is showtime

    FUCKING SPONGEDICK COUNTRY

    No argument can be made that
    the control of usdjpy vix crude
    and control of the dow spy naz
    wasnt responsible for the post
    election increase made to make
    you think optimism so suck it

    you deserve the coming onslaught
    of financial degenercy and
    evisceration dead ahead

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    • bob smith

      showtime: did you say something? Or, did your cat pee on the keyboard again. I can never tell the difference because in both cases, your messages are packed with useful… um, nothing.

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  8. nemesis

    In honor of my wicked vinyl collection, I suppose I’ll buy some gold.

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  9. bushwacker2

    Not quite ready to give up on this market just yet, although we all should be concerned that we could get a big sell off or even fast melt down. Or should we? Keep in mind that those who see Trump’s policies succeeding will want to accumulate lots of shares and build huge positions in their favorite stocks. And they will want to buy more stock at cheaper prices. What better way to create more supply of stock than to create a panic by recruiting the useful idiots in the financial media (present company excluded) to talk down the market. Don’t be a pawn by succumbing to you own emotions. The Goldman fix is in.

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  10. heckler

    Fly you’re gonna end up being just another rhinestone in the flash that was your chance.

    It’s not about you: it’s about your ability to descirne and distill an understanding for your countrymen. It’s your civic duty dude – not some fucking algorithm. You’re already on it.

    You’ve got a Muslim dad and a Mexican mom. Speak the news but speak to the folks from your heart. I don’t have to be like Savage. You could do it. Stop hiding behind whatever, Something tells me you could break even this year w your $400K account and live to see another day.

    Expand your comfort zone Fly. And win.

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  11. frog

    This guy on Twitter called Jester, often is early with news. He’s talking about the N. Korea government preparing to detonate a nuclear device in a tunnel soon. He says they have invited journalists over there to see it, that they took away their cell phones and gave them PRESS armbands. Strange stuff.

    https://twitter.com/th3j35t3r/with_replies

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    • MSGT HARTMAN

      APR 12…An internal Department of Homeland Security assessment obtained by The Washington Post shows the agency has already found 33,000 more detention beds to house undocumented immigrants, opened discussions with dozens of local police forces that could be empowered with enforcement authority and identified where construction of Trump’s border wall could begin.

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      • ironbird

        Nice reporting on the under reported facts dude. Slowly but surely the President is cleaning up the mess left behind for decades. Bring on the Americana. One people.

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    • dp909rev

      As long as Jake Tapper and Anderson Cooper go to report on it, I am all for it.

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  12. stocksnblondes

    This market hasn’t made sense to me in years. The only shit that has worked consistently are the gay FANG stocks.

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    • dp909rev

      Advertising and gov subsidized shipping costs are just a couple of things keeping that trash afloat. Watch Amazon sink or swim if you get rid of some of their tax breaks for their shipping loss on every item they sell.

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  13. roundwego

    Credit is blowing up. The poor are out of blood.

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  14. ironturd

    Top ticking treasuries and bottom ticking market whilst walking back all market calls, political shill-dill-pickling + insulting your readership will high school epithets. Back on your game Fly.

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