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

Stocks Tread Lightly and Higher; How Did It Come to This?

I had a perfectly fine portfolio filled with sparkling water and Chinese elementary school stocks before I had to get all fire and brimstone, clean out the whole thing, and replace it with UVXY and YANG. What the fuck was I thinking? Maybe I wasn’t.

Or, maybe, like so many of you, I’m trying to catch an inflection point in the market that hasn’t materialized since early 2016.

Either way, I’m dreadfully loathing today’s session, down by another 2.5%, only buoyed and buttressed by the fact that half my money is invested systemically, and it’s higher by 0.5%.

Everything I’ve ever done that ended up being worthwhile was hard. All of the garrulous trulls prattle away, fribbling and nibbling at the ends of the market — ingratiated most by their arch-ignorance.

I think to myself, ‘there has to be something that I can do to stop this’, some sort of diabolical doom cast upon the psyche of others. Maybe a spell using black magic, or a prayer to the Gods to deliver a tragedy of financial importance.

Notwithstanding, I don’t have any plans to conduct myself any other way. My roots have been planted and I intend to preside, like a gargoyle of immense proportions, over your graveyard. While today might be more of the same, mechanized march towards fresh record highs, I am hopeful and dedicated, like a servant of the devil, to the idea that an unseasonable hour is just around the bend.

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31 comments

  1. it is showtime

    Watch the numbers. The mechanized march. To the abyss
    http://www.usdebtclock.org

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  2. john_galt

    Your risk-off trades are just too early

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  3. dcolella15

    Saucy in here today

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  4. Dr. Fly

    John Galt is teetering on a full ban, for making negative comments against the crown.

    DEVELOPING…

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  5. hanging on

    vaffanculo…reminds me of my days knocking heads on Federal Hill

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  6. hedge500

    We need a sacrifice for the stock gods. Janet Yellen is preferred, but John Galt will suffice.

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  7. wordofmaoth

    stop talking that idiotic italian…BAN!! Should be banned for talking the language of guidos and street urchins.

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  8. cancel19

    Don’t let the Irish come out in Dr. Fly peeps! #justsaying

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  9. uglyflint

    If Frog wasn’t banned nobody can be banned damnit. John Galt must live !

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  10. bob smith

    ‘there has to be something that I can do to stop this’

    Getcha one of those nifty super secret sonic boom thingees. You’ll find them at the local dime stores in Havana for $2 CUC (right next to the fidget spinners… you can’t miss ’em).

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  11. sarcrilege

    Welcome to my world, ” I am hopeful and dedicated, like a servant of the devil, to the idea that an unseasonable hour is just around the bend” for the last, at least, six years….and still waiting.

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