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
23,426 Blog Posts

Morning Poppers (Welcome to the Santa Claus Rally Edition)

This is it lads. The moment of truth. The quintissential moment we’ve all been waiting for — end of year shenanigans coupled with a runaway market equals great fun and explosive gains. I expect nothing less than extreme mark ups into year end.

On this very last week of trading before the holiday season gets fully underway, I’d like to thank all of the readers of iBankCoin for your continued support, even the haters. I’ve learned a great deal about human emotion and how to accept the opinions of others while running this site, in a way that I could’ve never have accomplished as a private citizen. Seeing all of you out there, like naked apes outside of dirty caves eating rotting fruit, I am so much more grateful for the person that I’ve become — a man of extreme knowledge and wisdom — born centuries too late, but here nevertheless to withstand and endure a vagrant citizenry of appalling stature.

From the bottom of my heart, thank you.

European markets are running fully erect into a wall of pornographic immensities, led by the DAX +1.6% and the CAC +1.3%. Both gold and silver are +0.4%, which is good since I am long. And, all of the wonderous cryptos are up again, which will spill over into my crypto proxies. I am Le King of the Crypto Proxies, mandated by law.

Dow futures are +134, Nasdaq +51.

Here are your headlines.

Advanced Micro upgraded to Neutral from Underperform at Macquarie
Amplify Snack Brands confirms agreement to be acquired by Hershey (HSY) for $12.00/share in cash
Akamai Tech upgraded to Outperform from Neutral at Credit Suisse
TopBuild upgraded to Buy at Nomura
KLA-Tencor upgraded to Overweight from Sector Weight at KeyBanc Capital Mkts
Twitter upgraded to Overweight from Neutral at JP Morgan

If you enjoy the content at iBankCoin, please follow us on Twitter

14 comments

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

    Pornographic immensities, indeud !!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. ferd

    LOL. Glad you’re enjoying your ant farm.

    I too have enjoyed watching you as you experiment with different Flys over the years. Why live life as only one person? (…although, kale-muncher???)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. ericbakerbruce

    Twatter upgrade! Hah!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. husaria

    And how much $UVXY you still hold?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. reversion

    Thanks for the insight and laughs every morning!!

    All the best in 2018.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. sarcrilege

    Black Pete shall not spoil Santa’s rally
    https://tinyurl.com/ycgokqmf

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. halfbloodpope

    TEUM sitting quite erect this fine morning. Let it be known that I will relay to the little Pope children on Christmas morn that Santa Fly is a very generous and kind man (all to the chagrin of Mrs. Pope).

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. blackgld

    LFIN up to 40. What a move.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. nemesis

    one team one dream.

    or should I say one teum one dream?

    Cheers

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  10. acehood

    Uvxy not even down much today – FLy is going to come out a winner on that one too ultimately.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. tonka

    $LFIN lol

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  12. joseph25

    Can’t get my head around LFIN. Going to $50.00 from $5.00 two days ago.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. pb

    Dear jungleegirl,
    The bigger fish showed up (LNCE).
    Regards, PB.

    • 0
    • 0
    • 0 Deem this to be "Fake News"