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
18,723 Blog Posts

Madness Circles Back to Flydom — Today Was a Truly Shitty Day in the Market

It appears a young man barged into a Panera Bread in Princeton with a gun, then holed himself up in a standoff against coppers for 5 hours. Rumor has it, he was former military, about 30 years old, and he might’ve shot himself. Don’t quote me on it. Couple that with the fucking bombs being shipped in Texas, and of course the active shooters, and I think it’s fair to say there is a tangible sickness gripping the country.

Stocks lifted, but breadth was sub 50% and my trading account produced losses. Over in my quant account, I gained another 1% and I am fucking crushing the SPY by nearly 200bps over the past two weeks.

On the upside of today’s pin action is Bitcoin and cryptos — all sharply higher.

Here is today’s breakdown by sector. Does this look like a +150 day?

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

28 comments

  1. it is showtime

    Welcome To $21 Trillion

    sucky deadbeats
    http://www.usdebtclock.org

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

      It would drop if the govt legalized and taxed whatever psychedelic you take everyday around 3:30

      • 2
      • 0
      • 0 Deem this to be "Fake News"
      • it is showtime

        106%

        debt
        to
        gdp

        as Fly said, “a tangible sickness gripping the country.”

        Guess who predicted that you Fuck
        [about 4 Years ago]

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

      Instead of selling our National Parks and highways, we should sell our aircraft carriers. War is expensive. Trumpsters, isn’t your boy Donny supposed to be an isolationist?

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

    The good news is that crime is all hype and fake news sensationalizm. There’s been an overall decrease in crime for decades. There might have been a slight uptick lately due to the filthy marxists inciting violence but overall these incidents are nothing to be concerned about.
    https://tinyurl.com/htw8dau

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

    Life in suburbs drives men insane

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

    Fly why do you allow racist / Nazi banter on your site everyday … I would think you would ban that but you seem to encourage it. Sarcrilege and ibankcoin are quite the team.

    • 1
    • 1
    • 0 Deem this to be "Fake News"
    • Dr. Fly

      I allow any and all banter, with exception to trolls. People who troll get the ban immediately.

      We had a nice fellow on the site the other day discussing the joys of white people going extinct. I laughed at his commentary, just like I laugh at Sac’s.

      • 3
      • 0
      • 0 Deem this to be "Fake News"
      • fryguy15

        Thanks for putting up with us, Fly.

        Buster needs a lesson from STF University.

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

      I hear SPLC is hiring fine and outstanding citizens such as yourself who are concerned about the politically incorrect proliferation of banter. Give it a try, you sound like you could get the job right off the bat; especially if you are a filthy, gender confused, mom’s basement dwelling marxist, borderline murderous communist, millennial crybully sniveling from ‘its’ safe space.
      https://tinyurl.com/ybq75cj7

      • 2
      • 1
      • 0 Deem this to be "Fake News"
      • numbersgame

        You know who else likes banning? Wannabee (a)lpha-males that blindlessly play follow-the-leader like a sheep, while whining that they are under attack by “PC” crowd becaase their uneven playing field is being leveled by the bulldozer of Time.

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

      Banning is protection for weak-minded fools. The better answer is not to hide racism underground but to engage and confront it (and I don’t mean violently).

      Do you think people became more racist after Trump got elected? Of course not, but they are just more open about it which is much better in the end.

      • 2
      • 1
      • 0 Deem this to be "Fake News"
    • ferd

      We have killed, maimed and displaced millions of mostly brown and black people over the last 15 years and spent $trillions to do so. A majority of Americans do not support these continuing wars and do not support this spending. Yet the slaughter continues.

      Isn’t it curious that Sarc’s words should be what stimulate sanctimonious calls of racism – – while actually killing, maiming and displacing people of other races does not. Why do you think that is?

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

      Don’t despair. It’s still her turn.

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

      Only feebleminded weaklings want “bad” opinions banned or otherwise censored. The best disinfectant is sunlight, bring bad opinions into the light so they maybe deride and ridiculed, much like yours are routinely.

      I’d like to point out that not one of your so called “Nazis” has ever called for you to be banned or otherwise censored despite you routinely posting things that kill brain cells when you read them. Maybe this is a learning moment?

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

    It was terrible. I was trying to day-trade it and could never get a trade off.

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

    Trade war, nationalism, and tech implosion on its way. Facefuck will go the way of myspace and a new platform will arrive. Wish Craigslist start a social app.

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

    Fake coin is fucked as all tech will be suspicious by the masses. Reject tech and live real lives.

    https://www.zerohedge.com/news/2018-03-20/nsa-has-been-tracking-bitcoin-users-2013-new-snowden-documents-reveal

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

    You people are hilarious. Embrace the Lesbian Queer truth of California. The madness will not stop until you all stop taking those fucking pills. Castration is really not good as well. But there is obviously no particular group programming this shitshow. It is organic as a bull dyke grooming your kids.

    • 0
    • 0
    • 2 Deem this to be "Fake News"
  9. uglyflint

    More bombs in Austin tonite, another nor’easter foot of snow, Bull dykes running wild in Frisco and 100,000 degenerates descending on San Padre for spring break. Fuck I love this country.

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

    If you yearn for the American dream of old , China is the place to go.

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