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
23,473 Blog Posts

NOT RIGGED: Markets Green Bar All Day — Lift Off to the Fucking Stratosphere

What a stupid expression, ‘taking off to the fucking stratosphere’. What am I some rube from Brooklyn, intermingling the price of equities with physical atmosphere? There’s a lot of expressions that should be banned, such as ‘ciao’, or ‘bro’, or ‘having another case of the Mondays I see.’

Markets just legged higher all day…just because. There wasn’t a catalyst. Headlines imply the Buffett buying of Apple as a reason, but that’s poppycock. I suspect it has to do with Trump delegation in China. If those talks are successful, we’ll be off to the races on Monday.

Or, if they fail, we’ll all have a terrible case of the Mondays and might say ciao to any idea of gains. Know what I’m saying, bro?


Just green candles and shit, all day

My quant is +1.1% — but my active portfolio is flat — thanks to getting hemmed up nicely in SOXS. That shit is really nailing the ram to the fucking wall, if you know what I mean.

It’s a very clean rally, very nice, very good — with 75% of stocks higher. Only retail is soft for the day, and of course precious metals — because who needs them?

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12 comments

  1. joyous__ending
    joyous__ending

    >”taking off to the fucking stratosphere”
    This is how Elon Musk would speak.
    The market still looks bouncy soft, short selling may pay off in 3-6 months

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  2. bambaclot

    PM is up last time I checked and so are miners.
    DUST is the wind, all your coins are DUSTed in the wind

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  3. acehood

    Fake news…GDX barely down and SLV is up friendo

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  4. juice

    SAD !!

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  5. butte2butte

    Headlines* in general moving this market is poppycock. The equity charts want higher regardless of what bullshit comes out of China this weekend.

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    • cancel19

      Yep, time for a good ole fashion melt up for a change.

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  6. heckler

    Sweet post dawg!

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  7. ferd

    Market decided cheap money to stay for a while. Dollar is a short.

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  8. dae42

    iGartmanCoin.com

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  9. pilsnermonkey

    Ready for a modern day $QCOM uprising. Higher!

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