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
17,003 Blog Posts

Market Fades into the Close, As Expected

That was a shitty close. For what it’s worth, the dollar getting gimp’d to the tune of 0.90% v the euro today was a major plus factor. Both oil and gold rallied, and even bonds held up. Nevertheless, stocks did not outperform this week, so that’s that.

 

 

I added to both TLT and GLD and look forward to a long weekend of debauchery and wayward drinking. What do folks like you do on the weekends? I imagine your housing tenements affords you with some light entertainment, such as bingo or hallway pizza parties?

Ciao.

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28 comments

  1. heaterman

    Think about this over the weekend.
    Not only is Trump looney but he is also a prophet able to predict future events.
    Observe this tweet from 2013.

    “Danger-Weiner is a free man at 12:01AM. He will be back sexting with a vengeance. All women remain on alert.”

    Is he a loony prophet or a prophetic loony?

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    • sarcrilege

      But how fucked up is that Secret Service Agent Gets 20 Years For Underage Sexting
      https://tinyurl.com/kzqhzn5
      or Anthony Weiner might be facing similar sentence for something where NO harm was done (!!!), yet Podesta Molesta and the rest of the Washington politicians gets to physically molest kids and nothing is done.
      https://tinyurl.com/mwwmhv3
      How fucked up is that? Just turn you damn phone off and it’s done. No harm done. But luring, kidnapping, abusing, sacrificing innocent kids is apparently OK.

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    • slip5ham

      who’s the loony, when asked about plans for a beautiful weekend the name Trump crosses your lips. Obsess much?

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      • heaterman

        No one said anything about beautiful. Rain and mid 50’s in the forecast here. 🙁

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    • oilerua

      he knows smthn about future that’s sure . sure as hell the new world order want him down , because he is the biggest possible fracture from the past . in so many ways. exactly what people who voted wanted .

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  2. natehois

    Get blasted on dark & stormy’s and spend the next 2 days recovering. I’m on a good weekly streak with that now, just change the locale here and there to add some flavor

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  3. heckler

    I added to FXE just the other day. I think the dollar is gonna get smoked folks.

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  4. hedge500

    Typically a visit to the local cinema. Friday or Saturday night open several bottles of wine with family and guests. Vivino is a great app for tracking and rating great wines, if you’re into that sort of thing.

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  5. speedius

    I’ll be basking in the sun in the bocce ball court/dog shitting area.

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    • heaterman

      This is hilarious buy at the same time correctly defines the term, multi use.

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  6. derp

    23 year old Rum, bitches. You can choke on your little bottle of Captain Morgan like a good little plebe.

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  7. jacked rabbit

    Smoke meats, fix the mower, and continue that stupid basement man cave project.

    I’d rather drink, take a nap and sit in my hot tub all day…

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  8. roundwego

    As macro and real world decay and rot. More conflict will be used to mask it. Syrua? iran? Expect drama as trump goes to dubai.

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  9. soupbone

    I haven’t experienced a weekend for about 10 years, the only sense of weekend I get is from traffic patterns and certain stores. Retired at 46 yrs. Ha!

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    • heckler

      Damn that’s awesome dude! Do you have kids? How do you keep yourself from becoming a degenerate?

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    • bob smith

      Better get busy, get a job and hit the gym. Research shows that the longer you work the longer you live. Doesn’t help much to retire at 46 if you die at 56. Just sayin’

      I have a job I never want to retire from. The only reason I would retire is if I became frail or feebleminded.

      It’s only work if you’d rather be doing something else (Yogi Berra).

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      • moosh

        I’m not knocking what your throwing down, but I would like to see the research and sources.

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        • joshua

          I’ve always wondered myself. The older active people I’ve met seem to be more “with it” than the TV dinner couch taters. Although that seems like common sense…. my neighbor is in his 90’s. Walks every day, still works a few hours a week. I went to grab one of his landscaping bags he was pulling down to the street one night. He had a ton of them and it was getting late. He basically looked at me like I was a fucking moron for thinking he needed help. Ha. He’s a pretty awesome guy.

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  10. stockslueth

    Secret Service is now scrambling for new POTUS code name now that “Nut Job” is out in the wild.

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  11. og

    I’m going to Jared.

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  12. dmfracer

    Kids basketball tournaments this weekend all over Houston- and Houston is a big fucking city to have to be driving all over. 🙁 chilling by the pool drinking beer and watchIng NBA playoffs tonight

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  13. moosh

    I go to the mall, that’s what everyone does now these days, don’t ya know

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  14. ericbakerbruce
    ericbakerbruce

    Frog gigging

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  15. heaterman

    So back to stocks.

    ADSK up Yuuuge today, analysts upgrading all over and forward looking profit is berserken up in the 300% range.

    Buy on dips?

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  16. oilerua

    yesteraday was a melt up.. no big fade that I ‘ve seen , maybe later ..risk on across all the boards.. I guess GLD must go to 117.6 (and lower) before re-rip

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