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

LOL: Market BTFO Into the Close

You gigantic faggots are gonna get wiped out tomorrow.

Market gave up more than 300 points in the last hour of trade. I shall have my seminal moment tomorrow, during morning trade.

Good day.

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50 comments

  1. acehood

    Nah. Bank earnings soon and tech is overly shorted. This market is just waiting to trade sharply up.

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    • numbersgame

      Keep telling yourself that.

      Short interest:
      FB: 1.1%
      AMZN: 1.2%
      AAPL: 1.4%
      NFLX: 4.7%
      NVDA: 2.5%
      GOOG: 0.6%

      Considering the valuations of some of these stocks, investors are still firmly on the “hope” train.

      Also, In terms of the earnings story, the facts speak louder than accounting spin. Check out the BEA’s “Table 6.16D Corporate Profits by Industry” and you can that actaul profits have been basically flat sicne 2012 (even ignoring the 2017 drop at the end due to repartraition tax). Of course, it could be the case that publicly traded companies have been growing earnings while private ones are shrinking at an increasing rate, but that’s not really that great a story either…

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      • Dr. Fly

        BOOM

        Numbers just cucked you.

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      • Lyndon Keltner

        Have you looked at the open interests of the puts as well?

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        • numbersgame

          I just checked the open interest of Puts vs Calls (Apr 13 exp), and for every one of those stocks Calls outnumber Puts.

          People get losses, and then the inclination is to leverage to make it up. Ask me how I know…

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    • joyous__ending

      The only resolution is to the downside. Bitcoin needs to die so the Bull can live.
      The sooner Bitcoin gets under 2000, 1500, or less the better.

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  2. it is showtime

    It has been determined: the signal of a top formation being set was by, Uglyflint

    “Showtime, this shit about to go mega ape shit to the crazy upside. Too soon”
    – Uglyflint, January 27, 2018 https://ibankcoin.com/flyblog/2018/01/26/thank-president-trump-stock-market-greatness/#comment-543292

    That you Uglyflint, Would tell me, Showtime, out of the session of which breakdown began commencing right after. A shiny reveal by an ugly guy. The signal was landed, unloaded, and lathered

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  3. chuck bennett

    Cohen’s Office was raided by the FBI

    It’s all over !

    Regards

    Chuck Bennett

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    • numbersgame

      That doesn’t matter at all, becuase clearly FBI won’t find any evidence of wrong doing because Cohen and Trump di dnothing wrong.

      For Trump supporters that actually believe that, this should be a BTFD opportunity ….

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    • cancel19

      I don’t get what’s the big deal. So Trump did a porn star. What warm blooded American man wouldn’t?

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      • numbersgame

        A married one with a sense of morality

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        • Dr. Fly

          BOOM

          Numbers won again

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          • Lyndon Keltner

            You site is full of Trumpkins who want their sons to grow up like him.

            But then Slope of Hope is even worse.

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        • cancel19

          Like President Clinton?

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          • Lyndon Keltner

            JFK fucked a lot more whores than slick Willie.

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          • cancel19

            I hear that the “future Madam President ClitOn” loves to do girls. Is that morally straight and presidential?

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          • numbersgame

            1) Trumpsters don’t seem to understand that “Clintonite” arguments only work against those that ***actually support the Clintons,*** and

            2) *You* are the one that thinks adultery is no big deal, so really *I* should be asking *you* that question.

            Part of having a workign moral compass means understanding that just becuase someone else did a similar thing, it doesn’t make it right. More importantly, what people like Trump increasingly forget is that just because something is legal doesn’t make it morally correct either.

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          • Lyndon Keltner

            @numersgame

            You do understand that an overwhelming majority of the Trumpkins are the worst of the moral hypocrites, don’t you?

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    • oilerua

      chuck bennet is naif as fuck..

      Regards

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      • chuck bennett

        Haha.

        So tarded. Or at least you’re half tarded.

        Regards

        Chuck Bennett

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  4. jacked rabbit

    Sweet Jesus, you’re gonna short into the gap down tomorrow, aren’t you?

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  5. gappingandyapping
    gappingandyapping

    We need knife control! That would turn this market around.

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    • ironbird

      Good point gap. When it comes to fuckery. We have not seen nothing yet. Prepare for Christians and lions with atomic bombs dancing queers. Butter knives sold with identification only.

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  6. awanka

    A masterful stratagem, Mr. Fly. The poor fools have been led to their doom. This rally looks suspicious as hell. World events point towards more risk, not less.

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  7. oilerua

    after this clickbait title from flyshits , its very likely markets will open neutral or positive

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  8. mensch

    This post and its arguments are the only bullish data points I can think of after watching today’s trading.

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  9. Dr. Fly

    The both of you will be annihilated tomorrow.

    List your positions here now so we can all laugh at you.

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    • Lyndon Keltner

      I need the VIX to blast the fuck higher before I can commit serious money on any bullish ES/NQ positions.

      I’m still young and very patient. I don’t mind the wait.

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      • tonka

        What kind of VIX spike do you want? We already got a 50. Coming even remotely close to that would be an extraordinary event.

        Far more likely that we get a lower low in the S&P, with a VIX under 30.

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        • Lyndon Keltner

          A repeat of August-October 2011 would be ideal.

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          • fryguy15

            You’re going to be waiting for a very long time

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          • Lyndon Keltner

            Just need that one last blast higher (i.e., the oh-shit capitulation in the first two trading sessions of October 2011) for the parallel to play out.

            I don’t mind choppy markets, which actually allow my algos to scalp more often with the interest rate futs.

            But if somehow this is *the* bottom, I need to start seeing new lifetime highs to get bullish again.

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  10. fryguy15

    Should we buy FAZ now? Prices are even better than when you bough.

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  11. ferd

    Reading this blog, I guess we need a draft before the average fat, dumb and comfortable American gets up the testosterone to care about the slaughter being conducted in their name and with their tax dollars.

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    • sarcrilege

      no, no, no…that’s not the way to go about it. If we want to win big time, we need to collect, arm, and ‘dress’ for war these outstanding individuals, including all, and I mean ALL, homos, LGBTQXYZ peeps, and gender confused millennials and send them to front lines. The medical establishment is on board,
      https://tinyurl.com/y96pc6zn

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    • moonshot

      Soldiering is for the poor and the working class, not the ruling class.

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  12. ferd

    Former general, former presidential candidate, and former media darling Wesley Clark circa 2003 (when he finally found out what the PNACer neocons had planned …and just before he was disappeared from MSM): “we’re going to take out seven countries …starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran.”

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  13. fryguy15

    /es +25 from the close. Wtf! We were supposed to be going down.

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    • Dr. Fly

      Name your positions now.

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      • fryguy15

        Right now 18 high quality long positions. Also long /es from the close. 2615.

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        • Lyndon Keltner

          Re: ES 2615, that’s a good buy. Any exit strategy?

          One of my short scalp loop just got activated at 2651 but then I’m aiming only for a max of 20 ticks.

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      • fryguy15

        so looks like you are the GIGANTIC IDIOT

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  14. oilerua

    you a shame to the universe

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  15. edn618

    Why don’t you just wait till after lunch each day, and if volume sellers start to push ES down, get short and bid 10, 30, and 45 pts lower?

    If no volume sellers, make a cup of International Coffee, grab a Harlequin Romance, and wait till the morrow.

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