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
23,447 Blog Posts

Futures Rip Higher, Crypto Currencies Higher — Law and Order Restored

It was a very dire two days — but it’s over now and the market is about to break necks to the upside again. Dow futures are +75, Nasdaq +21. Gold, oil, and copper are all up and crypto currencies are in rally mode.

Over at Binance, one of my storage plays ELF is the biggest gainer on the exchange. I expect volatility will collapse, paving the way for magnificent gains in my XIV position.

On our 6 month algo in Exodus, an oversold signal registered today. This isn’t our principle algo and trades are not often decided by it — but it’s worth noting its track record is flawless, as far as inflection points are concerned.

This is exactly what the system was built for, highly precise mathematical mean reversion AI — proving users with an unseemly edge in the markets.

The NIKKEI is up more than 300, China, and Hong Kong higher. FB crushed earnings, which will buoy my quant portfolio, which is scheduled to be updated tomorrow. Life, as we presently understand it, is good.

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7 comments

  1. awanka

    All is right in the land, Mr. Fly.

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  2. it is showtime

    I guarantee, the stock market, is one of the insurance policies of the withering powers

    awanka back to your cave hidden from the kinetic accelerating storylines
    Nothing is ripping. +50 dow means nothing at 26k. And today’s wasn’t giveth.
    There was an arm twist, a message being sent, the first 2 days of the week

    All congruent with an empire-strikes-back moment, it may then crystalize who had truth

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    • ahadbi

      In English where do you see the NASDAQ by the end of February, mid June and December ?

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  3. oilerua

    wtf of a market are you looking
    crypto rips higher ????
    future are up by 0.15 and 0.20

    where is the porkhead chop you promised

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  4. lyndon keltner

    WWJ(esse Livermore)D? SELL.

    So did I.

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  5. indie

    not so fast, mon ami…

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