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
23,446 Blog Posts

NASDAQ 6000

I remember when the Dow was 6,000. I was a young punk, starting out in the business with big dreams and an insatiable appetite for risk.

Here we are, many years later, and the NASDAQ is all grown up now — buoyed by big tech and pharma.

Volatility is at new lows and complacency is more than non existent. What we’re seeing now is perverse and will end soon. I’m very bullish on markets and have been since December. But volatility will be returning soon and with it comes opportunity.

Top picks: $ATI, $KBR

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7 comments

  1. sarcrilege

    You get that kinda bullshit market when 15% of the valuation is in 5 or so companies that should have been broken up long time ago (Sherman – anti-monopoly) and prevented from anti-competitive mergers (Clayton – anti- merger). But hey, ….

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  2. probucks

    Volatility will return?

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  3. Po Pimp

    Closed out my first ride in TNA in years for a nice 10% gain in relatively short order. I probably left money on the table but I’m not as reckless as before.

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  4. lesurgeon

    EGG SALAD.

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