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
23,433 Blog Posts

Futures Saunter Higher In Careless Jaunt Towards Dissipation

Fascism has been rearing its ugly head all weekend in Spain and has delighted investors to no end. S&P futures are heading up now, +3 in early trade. Over in Europe, the optimism born in Spanish law and order has become somewhat infectious, delighting traders there to no end, sending DAX futs higher by 0.45%.

Gleaning from the good news in Europe, Asian markets are soon gearing up to rip ahead.

The copper trade is improving, as we speak, up by more than 0.8%.

Quite literally, nothing can stop the charge of higher indices that now posses both the gusto and fervor to envelope the bears who gambol about in search of malevolent detail. The accrual of gains, and the insipid rise of valuations, haven’t deterred markets from undergoing extreme bouts of hedonistic exploits — engrossed with endless abundances of hard liquor, narcotics, and interminable torrents of legal marijuana.

I am here to inform and educate all reading this treatise that equities shall rise forever, an ephemeral dream of psychdelic green mist and lavender splashes on top of soft mountains of ivory powder — fastidiously driven through hand crafted platinum cylinders into the nasal cavities of all of the finest people in America — the very smartest and wealthiest amongst us.

NASDAQ futures just upticked again, now +10. Enjoy the balance of your evening.

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13 comments

  1. moneybagz

    Bitcoin +5% since Friday.

    All is well.

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  2. joyous__ending

    The Crash of 2019 is still on schedule. Plan accordingly.

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  3. it is showtime

    “has also become painfully clear how perplexed [they are] by the biggest asset bubble in history”

    Fine. Keep going higher. Shiller will enjoy that.
    http://www.multpl.com/shiller-pe/

    Very weak argument that it isn’t by design. As your eyes behold stocks that “shall rise forever”.
    Only to be burning the retinas, and interior of your soul, until it’s too late to salvage the fallacy of your saunter.

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  4. bushwacker2

    Very flowery description of the market conditions. So, are you saying the market is very gay at this point?

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  5. the dude

    Long live the nation state. Buy.

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  6. gappingandyapping
    gappingandyapping

    Um… Duh…. The futures are higher because we had 2 terrorist attacks last night. That is fuel to rip markets higher!

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  7. sarcrilege

    Somebody said that if something cannot go on forever, it won’t. And so this goosed market will stop going higher. Very soon. And drop like a dead cat. No bounce.

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  8. fryguy15

    Long /nq has been so so good. Jump in, it’s nice and warm.

    All you bears can EAT A DICK

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  9. heckler

    Gonna be a good week. Take a whiff on me, boys

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