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
17,433 Blog Posts

FUCKING MELTUP

Markets exploded with joy today, after an early morning scare caused a plunge in futures. I was out most of the day — but was still around enough to see that everything melted up — especially inflation related issues, such as gold and oil.

It was a grande day, marking a V shaped recovery from the ‘correction’ we just endured the past two weeks. Everyone got scared — lost their cocks — and now we’re right back where we started — nearing new record highs.

The Nasdaq is just 3% off the highs and the SPY is 4.2%. With a little patience and some animal instincts, we should be able to get all of it back inside of a fortnight.

I’m getting harangued in my inverse ETFs, but have more than made up for their underperformance with my longs. The bulk of my money is invested systematically and that’s up 1.5% for the session.

I might take a trade before the end of the day, or maybe not. I’m not a fan of chasing gold — but do like oil here. My interests lie in the crypto proxy space, however, seeing BTC lift through the fucking roof again. If you missed out on the crypto run for the past 3 years, this is your chance to buy the fucking dips.

Happy Valentine’s Day faggots.

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

33 comments

  1. Marc David

    Happy V Day Fly xxoo

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

    I wonder how many people know the length of a fortnight?

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  3. it is showtime

    Volume has been low to avg, it’s just the at-large operators and proxies providing tranquility. Which I believe is a lure. A get back in the water for all you bumpkins. Another slam will come and possibly soon in relation to senor trump or the ensnaring of the mafia obama hill crowd

    • 0
    • 0
    • 1 Deem this to be "Fake News"
  4. flys_sister_givegoodhead
    flys_sister_givegoodhead

    Rite, yer losing 50% on yer bad vol trades and somehow you still green.

    lol,

    you must think we all morons.

    you the only moron, moron

    and ps, you do suck as a trader. really, your suck monkey dick

    • 2
    • 0
    • 0 Deem this to be "Fake News"
    • natehois

      He didn’t lose 50%, it was only a 10% position and he probably is close to green after that drawdown- you would know if you were on the inside, but alas, you are a shit flinging moron.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • fryguy15

      The Fly is hedged. But in a way that he can lose on positions AND hedges. Winning while losing ya monkey-brained simpleton. Fuck what you thought.

      • 0
      • 1
      • 0 Deem this to be "Fake News"
    • clock

      We gayly sing and dance drunkedly throughout Wall Street.

      Everything is so full of wonder…..it is wonderful!! 🙂

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

    u knot the shooter are ya? wood not be surprised if you were

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

    Where do these trolls come from?

    • 2
    • 1
    • 0 Deem this to be "Fake News"
  7. flys_sister_givegoodhead
    flys_sister_givegoodhead

    speaking of faggots, bennett

    how many faggots come to this site?

    not many I suspect.

    fly is trolling for page hits and all he gets are three gay stalkers and me

    • 5
    • 2
    • 0 Deem this to be "Fake News"
  8. numbersgame

    Happy Valentines Day.

    Here’s some light reading on one of Trump’s bad dates just got a lot worse thanks to the brilliant “3D Chess Masters” in the White House.

    https://www.zerohedge.com/news/2018-02-14/porn-star-trump-broke-nda-i-can-now-tell-my-story

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

    ROFL

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  10. fryguy15

    Happy VD Everyone!

    • 1
    • 1
    • 0 Deem this to be "Fake News"
  11. stocksnblondes

    Phase 1: Buy Stocks and simultaneously Buy Inverse ETFs
    Phase 2: ?
    Phase 3: Profit!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. heckler

    Wulp, Fly got his valentine’s day massacre

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • moosh

      So Le Fly was “out” most of the day, eh? Makes no sense when you have a time machine, does it? Now morphing his repatouire into crypto, which supposedly is causing the research of aliens to be degraded…hmmm

      • 1
      • 0
      • 0 Deem this to be "Fake News"
  13. roundwego

    the market has been a circus but today is total WTF!
    short squeeze to screw all fundamentals. in a rob trading world technicals is all that matters as a large player can use leverage to heist reality to steal profits. Back when FED was acquiring assets the ramp would continue after the squeeze but in FED asset normalization stage the crash will continue as rates increase causes defaults.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. MSGT HARTMAN

    Confused. adj. Being unable to think with clarity or act with understanding and intelligence.

    Day Trader. adj. Being unable to think with clarity or act with understanding and intelligence.

    In other words, owning long and short positions in a bull market.

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

    Bit of a disconnect between yen and stocks. Not to be ignored. One of them is wrong.

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

Leave a Reply