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
23,431 Blog Posts

Morning Poppers (I Got Alotta Mo’ Fo’ You Edition)

Out of all the sexual harassers, Rocky hit home the hardest. Jesus Christ, I watched this man knock out giant Russians and scary black guys with Mohawks as a child’; now I learn, all the while, he was chasing after 16yr old virgins, coercing them into gangbangs. I’ve lost complete faith in the thespian society; not one of them can be worth any salt.

Futures are little changed and Europe is cucked as hell this morning, but oil is up 1.8%. I haven’t searched as to why, but I am guessing it has something to do with the middled east. This bodes poorly for my DRIP position and I get the sense stocks are going to lift higher again. Bear in mind, according to the genius that is Exodus, this all ends mid next week amidst black clouds of dust and metal choking you out until your blood pressure hits zero.

Watch JNK and LQD today and try to see if we can truly go down, or is this just yet another head fake, on our way to new highs.

Here are some other headlines.

Anadarko Petroleum upgraded to Outperform from Market Perform at BMO Capital Markets
Fifth Third downgraded to Underperform from Neutral at Macquarie
Foot Locker beats by $0.07, beats on revs; Q3 comps -3.7%
Square upgraded to Outperform from In-line at Evercore ISI
Hibbett Sporting beats by $0.15, beats on revs; Q3 comps -1.3%; raises FY18 EPS and comp guidance
Moody’s upgraded to Overweight from Equal Weight at Barclays
Diamondback Energy removed from Conviction Buy list at Goldman
PayPal target raised to $89 at RBC Capital Mkts — Announces “asset-light” US consumer credit transaction
NVIDIA target raised to $250 at RBC Capital Mkts — This IS Nvidia! Call The Spartans Upside Case Goes to $300.
L Brands upgraded to Outperform at RBC Capital Mkts; tgt raised to $58 — Look what VS made us do

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14 comments

  1. ironturd

    Exodus flags whole market as oversold and you’re saying markets crash next week during the historically strong week of thanksgiving , before a long weekend, post House tax bill approval, and after global markets have all corrected 3% and bounced. Markets should’ve cracked this past week, it’s over.

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    • reversion

      Boom!

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    • J Adabese (your pen pal)
      J Adabese (your pen pal)

      Maybe bill doesn’t pass.

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    • joyous__ending

      Market should be flat or down a smidge today.
      No crash coming, correction (we need a new word for that ) in progress. Could next Tue/Wed bring a +200 day…sure. We see Dow 22,000 before 25,000

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  2. acehood

    UVXY going to be Fly’s next FEYE at this rate…

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    • ironturd

      Fly doesn’t give a fuck about being wrong, only about being right. Being wrong just means a “sober post demonstrating that he too can be humble” being right means calling everyone a massive faggot. Either way this site is a fucking shadow of what it once was.

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  3. J Adabese (your pen pal)
    J Adabese (your pen pal)

    They are coming for the crap $CANN

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  4. roundwego

    Market will violently chop until senate kills tax bill.

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  5. acehood

    Whatever bill Trump ends up signing will mark a short term market top (1-3 months). Book it.

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  6. derp

    I don’t get the finger puzzle. I don’t share with other dudes and I certainly don’t want to witness up close and personal. It’s just an excuse for two gay guys who don’t know they’re gay to see each other in action.

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  7. blackgld

    Tax reform is not priced in yet. Everyone thinks it will fail or be watered down since healthcare reform failed. I think the markets will rip higher by at least 5-10% over a short period of time if tax reform is passed. I don’t see any type of meaningful pullback until 2019.

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    • bushwacker2

      If by meaningful you mean 10%, I might agree with you. But I think it’s coming sooner than 2019.

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