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

Morning Poppers (We’ll Never Trade Down Again Edition)

The President will be talking extremely greasy in Davos, lecturing the marxists on capitalism and making America great again. In anticipation of his eminence, futures are +70. This is almost getting boring.

I’m very exhausted and feel like sleeping an entire day — but the show must go on. Just crossing the wires, both AUY and EGO caught upgrades by Credit Suisse. That should be good for a +10% rally in my EGO position — however gold is lower this morning so it’s anyone’s guess.

WTI is flat and the dollar is getting crushed by the euro by 0.4% — which is promising for commodities. The Bitcoin is being thrashed about by the cheek and gums — off by 6% to $10,400.

Welcome to Friday, the last day to make extreme dollars for the week.

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5 comments

  1. gappingandyapping
    gappingandyapping

    When was the last time we went 24 hours and none of the 4 indexes were green during that time?

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  2. ferd

    Great performance by Trump at Davos.

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    • traderconfessions
      traderconfessions

      Trump is great performance artist but lying douchebag President. But he does have Stormy on speed-dial…

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  3. sarcrilege

    Yeah, what is it with Trump at Davos? Will that be good or bad? Ronald Reagan spoke to the forum via satellite as president, but Bill Clinton was the first to attend the summit in person who he traveled to Switzerland in 2000. Presidents George H.W. Bush, George W. Bush and Barack Obama never attended the meeting.
    https://tinyurl.com/ya2gg7jh
    disclaimer: could be fake news given the source.

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  4. boyaj

    I don’t care what you believe politically, but the opening line of this post is gold.

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