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
23,452 Blog Posts

DAY 1 BRIMSTONE: The Trump Presidency is Over Edition

This is likely the first day in many down days, as the dogged summer approaches — bringing with it impeachment proceedings for our first ‘America first’ President since Reagan.

Stocks cascaded lower — led by tech and banks. It was truly a diversified blood letting, with the bulk of the losses found in high beta trades. My ‘bubble basket’ endured a heart attack drop of 3.7%, while my conservative leaning ‘old man portfolio’ fell by only 0.66%.

As for me, I told you so.

Exodus oversold signals will be at a premium now, in light of this dislocation. Do not expect any free handouts nor trials, so fuck off.

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35 comments

  1. infinitezuul

    The ark floats!

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  2. it is showtime
    it is showtime

    FOTHERMUCKERS

    Why is it important?
    Cause you won’t get it back

    Another 12 days Vix under 11? 8 days? 9?
    Very low probability

    VIX 10 STREAK OVER

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  3. roundwego

    Awesome!

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  4. mensch

    Hill’s crew will burn this whole country down out of spite. Extra Samson.

    What do you think she meant by “Resistance”?

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  5. soupbone

    You can’t have a President. May as well do away with the position and the residence, Air Force One and all the riggermoral. Cut costs. Go see Putin how to run a republic and Bob’s you’re uncle.

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  6. tonka

    That $XIV chart is a thing of beauty. Everyone that went short vol after the French election is now under water. Good. Smoke’em all out. Money shouldn’t be that easy to make.

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  7. roundwego

    China is allowing pain as they drain their swap. Man imagine the shit they will find.

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  8. bankcoin

    First off–
    Compliment- well done going to cash ahead of this.
    But- this site is a slow pos filled with crap ads. When did you stop caring? stop being cheap and pay for another server

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    • the dude

      Yeah. I don’t see how trolling for alt-right goons helps build Exodus revenue. I won’t recommend it to any friends who trade because of the appalling content.

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      • derp

        Probably a bunch of butt fuck loving sodomites anyway

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      • Dr. Fly

        Anyone who’s a member of Exodus knows politics isn’t permitted there. So either you’re lying or purposely being a dick.

        Either way, fuck off.

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    • Dr. Fly

      Not the server, dickhead.

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  9. active shooter
    active shooter

    You just cannot put Archie Bunker in the White House and expect things to run smoothly.

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    • metalleg

      The whole point of electing him was so things didn’t run smoothly.

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      • heckler

        It’s like a long overdue back test of our integrity as a nation.

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  10. natehois

    Lol I love all the “I told you so’s” coming out of the woodwork now… I’m glad you all made back 2% of your 98% losses.

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  11. acehood

    Oversold

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  12. the dude

    Time for a check-in on the new administration. We now know:

    Trump has the attention span and perhaps IQ of a child. The only question is what age. 2-12 are in play. I lean to the lower range on attention span and the higher range on personal and sexual relationships.

    Trump isn’t devious; he is just stupid. All the rhetoric on the campaign trail targeted at 3rd grade reading level wasn’t strategy, it is just his communications level.

    Trump’s aids try to put his name in his one-page briefings so he will keep reading.

    The Republicans on the Hill are unhappy. They are smart and are disappointed that rape-the-sick won’t be funding tax cuts for those who don’t need them.

    The Russians are disappointed. They liked that Trump is stupid but are upset to find he is also unpredictable.

    Trump is feared and despised by his senior aids and cabinet members 3/4 of whom stand above him as above a pygmy.

    The public hasn’t had enough. Bring it on. Dwayn Johnson “The Rock” is leading the polls for 2020.

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    • wolfdaddy

      Coming from the person who has a mortgage, car Loan, credit cards and a 10k trading account

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  13. heckler

    The Bastard Jeff Sessions can’t stop this Russia investigation either

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  14. traderconfessions
    traderconfessions

    As foretold in the Book of Unraveling.,

    President Pence… first item of biz will be to outlaw dining in public with a married woman. Happy Days will be here again! Full Fonzi..

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  15. whaler31

    I’ve always loved how warm and fuzzy The Fly is, how about you?

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  16. macpatton

    Robert Mueller, a former prosecutor who served as FBI director will fix everything and show us we can trust the government to a… a… a

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  17. heaterman

    The article linked is another clue as to what the real agenda is and who is driving it.
    …As if the relentless attacks on Trump were not enough to open your eyes.

    The Democratic party is now almost totally under the control of ultra leftists and socialists.
    They find Trump to be anathema and a huge threat to their plans of utopian society (aka 1984 style)
    They will stop at nothing, with the help of the media under their control, to unseat Trump and put the meat to all Deplorables both now and in the future. Their unheralded goal is the complete abolition of anything resembling the Christian religion (which is the ultimate threat) and ushering in a totally amoral society which allows anything which makes those in power feel good. This would include pedophilia of all types, torture of unwanted and undesirable persons whom they feel oppose their idea of heaven on earth, plus all the cannibalistic tendencies and spirit cooking activities one can indulge in.
    These people are real, they are pissed because they have for the moment lost control of the highest echelons of power and they will stop at nothing to have their way. (Extra Seth Rich)

    The article linked here shows exactly what they think of old Feel the Bern Sanders. He doesn’t fit their ideals even though he is wildly popular in some demographic groups.
    They are coalescing around the hard left and will continue to do so until change they desire is effected.

    https://www.thenation.com/article/why-bernie-sanders-wasnt-invited-to-caps-ideas-conference/

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    • frog

      You’re on the right web site. This is the one for believers in Right Wing lunatic conspiracy theories and outrageous Right Wing lies.

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    • sarcrilege

      Who is ‘they’ you talk about? Did you mean (((they)))? Or just ‘they’?

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  18. longrun

    https://www.youtube.com/watch?v=jREUrbGGrgM

    Virgil Caine is the name………

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  19. moosh

    Day 1 is right. Check out the q’s blasting past the 2000 top in 2016. We are in uncharted territory here and maybe overextended. That’s like a 16 year fucking break out (public math schooled most of early life). Expect some volitity to creep in, but more so to the upside in the grande scheme of things.

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    • moosh

      Plus, if memory serves correct, this is the exact time of year when the underlings get the wheel to the ship? Bon voyage.

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