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
23,445 Blog Posts

CHARTFAGS GET IN HERE: Come Analyze the Precipice of Hell For Me

This isn’t going to be a maudlin rant about how stock are on the verge of tipping over and crashing into a sea of blackness. It’s all too convenient to utter those disgraceful prognostications on a day when the indices are lower.

But I got two chart breakouts to the downside for you. Analysts hates them, but I like them. Copper and bond yields are both driving their respective vehicles into brick walls — dead.

Have a look.

Copper= global growth
Yields= inflation

Scared yet, you fucking faggots?

Since I’m fully invested in war stocks, I couldn’t care less about ordinary, run of the mill, growth stocks. My growth will be exercised when hell is formed on earth, and the military-industrial complex seizes control of N Korea and slaps the shit out of it — forcing its best and brightest into Samsung factories.

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12 comments

  1. sarcrilege

    Transgender Porn for chartfags.

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  2. it is showtime

    Fake Out Mon Day
    Mon Day Fake Out

    Fun Day Mon Day
    Futher Muckers

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  3. southernjam

    Did someone call for a chart fag? Both headed lower. Notes go higher while yields go lower. Also short Gold (for now).

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  4. infinitezuul

    ANY YIELD ABOVE ZERO IS A GOOD YIELD ANY YIELD ABOVE ZERO IS A GODDAMN GREAT YIELD

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  5. itinerant

    I’m seeing more of a U.S. growth scare than global growth scare. Treasuries are calling the feds bluff and the dollar is still correlated to commodities. All indicative of lackluster U.S. growth……but when has that not been the case in the last decade.

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  6. Bullish

    Get drunk and Buy Stocks! And quit being such a worry wart!

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  7. tradingnymph

    Shanghai Futures has been selling it off ever since China GDP data hit. China is slowing this year FINALLY.

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  8. soupbone

    The horizontal lines of support or resistance might be something but patterns end there for me. What does work is riding a trend up or down, doesn’t matter which.

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  9. bushwacker2

    No trend and not enough info to make a determination. How’s that?

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  10. roundwego

    World asset prices are nose bleed levels. Can you believe it there are no more countries that can print. As if anyone prints now the military will get involved. Russia was the first to stop and China will be the last.

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  11. soupbone

    Market prices are always a fucking dream

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  12. masteroneass

    Stay in cash for now on both

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