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
17,088 Blog Posts

Morning Poppers (the Harvey Weinstein Edition)

Europe is flat, but Spain is higher by 1.5%. I don’t even need to look at the news, lads. The higher Spain goes, the less freedom for Catalonia. Good for the Spaniards, keeping the dogs at bay and making sure the cash cow doesn’t break out of the barn. Beat that cow until it produces some nice sweet delicious milk.

Speaking of cows, Harvey Weinstein is off to Europe, most likely to force women to watch him take showers. It seems he was an A list pervert and possible rapist. My only question is, who did he piss off to get outed, all of a sudden?

It looks like Credit Suisse upped their price target for SNAP to $20 from $17. I wonder if they’re brains have been tampered with?

Nasdaq futs are down 3, a rather uneventful morning. I hate boring markets and prefer them to be wild, heart stopping, and hair razing. That’s right, I said razing — with a Z. Most of you out there do not know what real bull markets look like. You’ve been trading this huckleberry shit with zero volatility, hoping it could continue. Real bull markets have lunatic levels of volatility — wiping people the fuck out while hitting new highs. These markets are 100% rigged, controlled by faggots, for the faggots, in search of tax receipts. Finally, the decay and death of the west has accelerated. Spengler was right — but off by 100 years. It’s hard to time these sort of things.

Thank you for the reviews on Amazon. My little story is now #6 in Business and Money. Maybe in a week or so, we can do an open Q&A about it and I’ll give you some details that were left out. For the second part of the story, you’ll understand what it felt like to be a complete and utter jackass, ruined by the end of the good times — the pangs and the misery I underwent while being reduced to a shadow of my former self. I am reticent to begin writing it just yet — since this one was a bit of a pain in the ass. The next installment will be painful to relive. Alas, part three, 2003-2007 will be just fine — an era that marked my permanent ascendancy — and how going independent and leaving traditional brokerage firms was the best decision and the worst decision I ever made.

Here’s some analyst mumbo jumbo.

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18 comments

  1. sarcrilege

    Judging how quickly Harvey Weinstein was tossed out of his company that he started, this was not personal. Just business. Knowing specifics would be nice.

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    • derp

      It’s misdirection from pedogate. Observe who has been silent when usually they are the first ones to chime in.

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    • moonshot

      I think it’s simpler, more obvious and potentially broader than that.

      First, any cover or protection that Democratic control and power gave to their rich donors and supporters is now gone. Conservatives like O’Reilly came first, but they also took down Cosby, and to their horror the left is realizing they are not immune. Weinstein isn’t the only “open secret”. Casting couches are a trope. Pedophile abuse of child actors are an “open secret” as well. I would wager every major studio is in damage control mode right now.

      Second, the natural progression of the left SJW movement ends with them eating themselves, and it’s happening. They feed on outrage and when they don’t have a ready enemy on the opposing side, they will find one on their side. See: intersectional feminism. This is not to defend Weinstein’s perversion or crimes in any way, but to say that I don’t believe it was him personally fucking up or getting betrayed in some way that won’t be the case for others. There will be others.

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  2. oldmantrader

    Harvey has a brother. My speculation is that after years of playing second banana he decided place a dagger in his brother of Shakesperean proportions. The aftermath being the exposure of Hollywood for what it really is. Full of vapid, unprincipled, people who preach of women’s rights, gay rights etc, but the moment real action is needed they show their true colors. Turning their backs on the helpless for the sake of their careers and money.
    Right now the PR machune is working overtime in Ca.

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  3. sarcrilege

    Fly’s book is a great example how easy it is to influence and “move” anything…. 11 reviews, 3 verified purchases, and already #6 in Business and Money. No wonder CNBC can influence sentiment and the FED and big banks move and rig markets with such ease.

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    • Dr. Fly

      Low information salt mine.

      It’s #6 because of sales, not reviews.

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      • sarcrilege

        How to Remove ALL Negative Items from your Credit Report by Riki Roash is #7 @2,99, has 555 reviews and at least 150 verified purchases.

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        • Dr. Fly

          It’s not the total sales that matters, but the algorithms that calculates the rate of change. Since my book is selling more now and faster, it is ranked higher. Once my sales drop, so will rank.

          JESUS CHRIST

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  4. tradercaddy

    You are correct about bull markets and volitility.
    Been through several since 1980.
    On a lighter note here is the Gators tribute to Tom Petty (RIP) at the LSU game this past Saturday.
    I actually went to school in Gainesville when he was playing the dives in Downtown Gainesville at night and working on the lawn crew at UF during the day.
    https://www.youtube.com/watch?v=o1iG-t9rsss

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  5. the raconteur

    He’s payback for o’Reilly going down. Someone is letting the left know two can play that game.

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  6. dmfracer

    Failure should be looked at fondly and makes part 3 – Permanent Success – all the more sweeter. My past trading failures still sting, as well, but my current run makes looking back in the rearview a lot easier and less painful. I think all of us that have been through similar would agree, yes?

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  7. traderconfessions

    Second sentence needs to be corrected..delete “for” in front of “those” Also dot-com?

    As a young stockbroker on Wall Street, I detail my experiences living through the most exciting time in markets since the 1920s, the dot com era. It was born in the fires of crisis and for those who managed to survive its rigors were richly rewarded with once in a lifetime splendor. This is a living document, a rags to riches story, of my experiences and the things we did, having a grande old time, playing in the world’s finest casino — the stock market.

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