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
23,455 Blog Posts

DEMOCRATS GET IN HERE: DONALD TRUMP JR. WOULD LIKE TO HAVE A WORD

How will you recover?

Record highs in the NASDAQ, led by FAANG and THAT FAG PUB.

It is virtually impossible to unseat Trump or any other republicans whilst markets are at record highs. If you want to impeach Trump, you better work on derailing this stock market.

Godspeed.

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20 comments

  1. it is showtime

    Zombiebank Boa is giving creedence to what I said 6 months ago.

    “BofA Can’t Explain What Is Going On With Volatility” – We find it difficult to reconcile the record low volatility in financial markets at the moment with growing political risk.

    Please lie on a railroad track if you think the vix level since early Feb first-weeks-of-trump is possible, without suppression (heavy programming)
    In early Feb I said vix is being suppressed directly-opposite to the political uncertainty and growing-political uncertainty
    B of A, while being candid, can’t seem to utter the truth that the Vix is under complete programming and control
    “find it difficult to reconcile”
    Ok, B of A.

    I’ve also described the dislocations, disparities, and stretches as getting wider and wider.

    – Homebuilder Stocks Hit Record High As Homebuilder Confidence At 8-Month Lows JUL 18
    – NFLX Spikes To 101x Fwd P/E JUL 18
    – the 30-day moving average of the ratio of VIX and SPX 1m implied vol is now above the 99%ile JUL 18

    I described the environment as a Game of Chicken very quickly and early on in March. Thanks B of A

    “BofA Is Very Worried About Two “Dangerous” Games Of Chicken About To Unfold”

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  2. joyous__ending

    The market is never wrong…literally true.
    This is one bad ass bull (see 1982 to 1987 or 1994 to 2000) if you were not here yet.

    This market is giving the all clear to buy dips and let winners run.
    If you want to wait for the planes, missiles, or an asteroid to hit America, go ahead.
    But bull runs like 1982 -1987, 1994 – 2000, and 2016 to ?, are what will take you to riches before 40. Don’t let fear and political bullshit cloud the opportunity .

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    • moonshot

      We’ve been in a bull for about a decade. Why do you think it started in 2016?

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      • fryguy15

        Wrong. The indexes have you fooled.

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        • moonshot

          If most of my money was in indexes all this time, who is the fool?

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      • joyous__ending

        2009 to 2012 was certainly bullish, but I would not call that a bull market, that was making up lost ground.
        All of us made money in that era but we are a sophisticated fearless bunch of chaps here.
        It then got easier, but this is a market where growth stocks have SOLID long runs.

        The real point is dip buying of the index and stocks with good earnings is bringing a multi-year reward that is a little easier than previous years.

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        • bennyhill

          Another guy with a crystal ball saying buy into a 10 year run because it’s just getting started?

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        • moonshot

          Any talk of buying into bull markets implies market timing. You can’t then turn around and ignore the financial crisis crash and call the recovery from the financial crisis “making up lost ground”.

          The bull market starts when the bear ends–at the bottom. Not when you start making all time highs.

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        • moonshot

          And it that anyone cares about my opinion, but I think the market is still attractive enough to be fully invested long, but it’s definitely not in the OMG buying opportunity phase. The easy money has been made.

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  3. mushroomz

    Haha check out DRYS trying to do a reverse split 1 for 7.

    According to my charts if you had invested $4,000 in DRYS back on Jan 3 of this year you would now be the owner of $00.83 worth of shares.

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  4. ferd

    Bull, yep. Joyous ending, never.

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  5. traderconfessions
    traderconfessions

    Guy is clueless.. has no idea that most Americans don’t benefit from the stock market… vast majority don’t even have more than 6 months of savings. But what do you expect from a selfish fuck who never had a real job.

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  6. bennyhill

    Come on, what’s wrong with accepting the product of espionage from a hostile foreign government?

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    • ferd

      I noticed how the MSM line changed from “foreign government” to “hostile foreign government” over the past couple weeks …perhaps the modifier “hostile” was added in order to immunize those “friendly” foreign governments …you know, in case anyone notices that there are non-Russian foreign governments that hold our congress by the short ones.

      Anyway, nice to see that you’re keeping current with MSM blather.

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    • moonshot

      Ask Hillary and the Ukraine. Or Hillary and the Russians for that matter. Such as when Hilary’s opposition to Russian sanctions JUST SO HAPPENED to coincide with Bill’s $500,000 Moscow speech. Or when the Russian American group sent Hillary an email thanking them and offering their assistance, and Huma Abedin let Hillary know that she had hooked them up with the right people.

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  7. fryguy15

    Sacralige – get in here and short some fiat asshole!

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