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Yearly Archives: 2018

THEY GOT HIM: TRUMP REPLACES MCMASTER WITH NEOCON SCUM JOHN BOLTON

Any support I’ve shown for Trump has gone out the window this evening. And no, I am not being melodramatic. I am a simple man with modest needs. One of them is for my country to stop fighting unnecessary wars. When you wake up and realize that we’re the bad guys and that the media propaganda is there to make you docile, you will see that nothing else matters but human life. Forget about healthcare, transgender bathrooms, abortion, tax cuts — everything is secondary to the life expectancy of the men and women who serve in our military — our sons and daughters, or neighbors.

In an unbelievable move, Trump has replaced Gen. McMaster with the very worst person living in America, John Neocon Scum Bolton.

What is the math on this?

Bolton was part of a neocon cabal, spearheaded by the Project for the New American Century (PNAC), founded by Bill Kristol, whose lineage is Trotskyite through and through. His Father, Irving, and men like Albert Wohlstetter and Zbig Brzezinski had an idea that America should export democracy throughout the world, just like Trotsky wanted to export communism. Bill organized a group in 1997, led by Robert Kagan, Paul Wolfowitz, Richard Perle, Elliot Abrams, Bruce Jackson, and John Bolton — just to name a few.

Any of those names familiar?

Those were the fuckers who called for regime change in Iraq, the people who advised Bush the Idiot on war strategy and have ben Never Trumpers — very vocal Never Trumpers for day 1.

Here’s Bill Kristol crying on Morning Joe over the specter of Trump ascending to the Presidency.

Here’s Bolton, Trump’s new National Security Advisor, saying America should decertify the Iran deal.

He’s a war hawk and wants regime change everywhere. His recommendations will be most aggressive in almost every area of foreign policy. He is an extremist and I’ve got to believe Trump is compromised in some way to let a fox like Bolton into the hen house.

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Chinese Ambassador Responds to Tariffs: ‘We Are Not Afraid of It…We Will Fight’

This is getting little play, for now, but I am sure once media picks up on this little video tidbit they’ll play it on loop.

With regard to the tariffs Trump is imposing on China, Wilbur Ross said he expects the great wall’d dog eating nation to retaliate, but only after they see the details. The plan here is simple: reduce the trade deficit by $100 billion.

Markets are panicking for one reason: US companies do more business overseas than here. Therefore, they have more to lose when China is hurt than when America is hurt. In a way, these global giants are like Benedict Arnolds, but it really isn’t there fault. Their shareholders demanded profits and returns and they did their job, within the boundaries of the law. The blame rests solely on our elected officials who sold us out for profit, failed to protect US industry in exchange for cheap shit in Target, which has contributed to a ruinous balance sheet amidst the lower, middle, and upper middle classes

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HOPPING IN THE $FAZ MOBILE FOR AN OVERNIGHT HEDGE

On March 19th, 2018 I closed out my downside hedges in LABD and SOXS. That was the exact intermediate low before the bounce, a play that I made with space alien magician like precision. Over the subsequent few days, I dabbled in a little of this and a little of that — angling sideways into FRANKENFOOD plays that caught the appetite of Wall Street for sudden few hours. I watched 50% gains in AMTX quickly turn near break even. Although the stock is up today, it’s not even close to where it was when I was boasting about my brilliance here on the blog a few days ago.

In addition to AMTX, I bought some AMRS, EVGN, GEVO, and YTEN to bulk up on this bio-ag trade. To date, none of those stocks have made any real gains.

Then I posited myself in at a 33% angle, long JNUG — chuckling at you misers for not getting in at the same time that I was long. Even though gold is strong today, the miners are down and my JNUG position is barely above basis.

Feeling emboldened by my capacity to compile data and predict the future, I barreled into TQQQ and LABU at 90% angles, keen on cashing in as the market propelled higher. Both ETFs are levered and both ETFs are entreating me to disastrous pin action today.

Lastly, because I was at the apex of my trade, the very top of my station, I got bold and tumbled into DSX, PUMP, and CCIH, with greed writ large on my mind.

All of these trades have left me in a precarious position. I realize with the Dow off by 700, my losses of ~2% aren’t so grim — but it’s also important to acknowledge that I am, in fact, long a variety of clown stocks that are designed to lose vast sums of money. They are like XIVs and TVIXs disguised as companies, niche “opportunities” with little to no decorum.

On the panic side of things, LIBOR is on an unbelievable winning streak. NOT GOOD! SAD!

Zerohedge is harping on about Investment Grade credit crashing.

To put this into perspective, the recent downturn in credits is a joke — longer term.

Nevertheless, what if they’re right?

To hedge overnight, I stepped into the FAZ mobile — long the trip inverse banks ETF for the laughs and hopefully some quick gains.

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WALL STREET’S HATRED FOR FED CHAIR POWELL INTENSIFIES; MARKETS ARE CRASHING NOW

Powell the lawyer was unimpressive during yesterday’s testimony. Stocks sold off hard and the people should know why equities are tumbling. It isn’t because President Trump is threatening to knock out Joe Biden or because he’s defending US industry thru fair tariffs on a very evil China. No, all of that would be fake news.

Markets are cascading lower, a culmination of bad feelings and an acrimonious appetite for a candid hatred against our new Fed Chairman, Jerome Powell.

What a stupid fucking name that is, after all — Jerome. Never trust a man with a name like that, especially if he’s an attorney.

Everything is lower, except REITs and Utes, naturally. There is a special outcome for the greatest sectors lying in wake, preparing to ambush overzealous dip buyers, so be careful out there. I wouldn’t want to see anything happen to you.

Chinese stocks are also bearing a horrible brunt, with dozens down sharply, enduring Trump as we endure them.

Bonds are instigating higher, as the insinuation of Powell’s failure spreads across Wall Street. Under Yellen, we cheered her shortcomings and even cared for her well being. But not with Powell. No one likes him, especially since he doesn’t know anything about economics — being a lawyer and all.

As for me, I still have hope and, for now, am holding onto dear life.

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Youtube Bans Gun Demo Videos From Platform

The social justice crusade of Susan Diane Wojcicki continues — this time targeting evil gun owners.

In spite of guns being legal in America, providing you have a license, Youtube is banning all videos that show rural fuckheads firing their guns. Understand something redneck hillbilly bastards, your days are numbered and the coastal elite are coming for you. We will strip you of your guns, pistol whip your faces off, and then imprison you for life.

YouTube will ban videos that promote or link to websites selling firearms and accessories, including bump stocks, which allow a semi-automatic rifle to fire faster. Additionally, YouTube said it will prohibit videos with instructions on how to assemble firearms. The video site, owned by Alphabet Inc.’s Google, has faced intense criticism for hosting videos about guns, bombs and other deadly weapons.

For many gun-rights supporters, YouTube has been a haven. A current search on the site for “how to build a gun” yields 25 million results, though that includes items such as toys. At least one producer of gun videos saw its page suspended on Tuesday. Another channel opted to move its videos to an adult-content site, saying that will offer more freedom than YouTube.

“We routinely make updates and adjustments to our enforcement guidelines across all of our policies,” a YouTube spokeswoman said in a statement. “While we’ve long prohibited the sale of firearms, we recently notified creators of updates we will be making around content promoting the sale or manufacture of firearms and their accessories.”

YouTube has placed greater restrictions on content several times in the past year, responding to a series of issues with inappropriate and offensive videos. Most of those changes involved pulling ads from categories of videos. Google is more reluctant to remove entire videos from YouTube, but has been willing to do so with terrorism-related content.

The National Shooting Sports Foundation, a gun industry lobbying group, called YouTube’s new policy “worrisome.”

“We suspect it will be interpreted to block much more content than the stated goal of firearms and certain accessory sales,” the foundation said in a statement. “We see the real potential for the blocking of educational content that serves instructional, skill-building and even safety purposes. Much like Facebook, YouTube now acts as a virtual public square. The exercise of what amounts to censorship, then, can legitimately be viewed as the stifling of commercial free speech.”

The new YouTube policies will be enforced starting in April, but at least two video bloggers have already been affected. Spike’s Tactical, a firearms company, said in a post on Facebook that it was suspended from YouTube due to “repeated or severe violations” of the video platform’s guidelines.

“Well, since we’ve melted some snowflakes on YouTube and got banned, might as well set IG and FB on fire!,” Spike’s wrote on Facebook, where it has over 111,000 followers, referring to the social network and its Instagram app. A YouTube spokeswoman said the channel has been reinstated after it was mistakenly removed.

InRange TV, another channel devoted to firearms, wrote on its Facebook page that it would begin uploading videos to PornHub, an adult content website.

“YouTube’s newly released released vague and one-sided firearms policy makes it abundantly clear that YouTube cannot be counted upon to be a safe harbor for a wide variety of views and subject matter,” InRange TV wrote. “PornHub has a history of being a proactive voice in the online community, as well as operating a resilient and robust video streaming platform.” PornHub didn’t immediately return a request for comment on the matter.

Youtube feels it has a responsibility to the public to restrict information from appearing on its network because said information could be used for malevolent purposes. This is a very slippery slope, but I am sure Susan Wojcicki is smart enough and good enough to be America’s Mother, protecting her children from the evils of the world that infiltrate us via gun videos.

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Markets Drop, So News Outlets Could Say Trump is Starting Trade War

Morning lads

I had a late start today, as the schools around here had a delayed open and then I had to go walk my new dog — something that I enjoy doing very much because she’s psychotic and tries to eat all other dogs and she charges towards every single car that is driving on the street. It makes for a most enjoyable morning saunter.

Markets are off sharply and the news headlines are suggesting it has something ado with Trump’s tariffs on Chinese goods, something to the tune of $50 billion. You do realize how ridiculous that sounds, right? China pisses and defecates on $50b.

Truth be told, markets haven’t been the same since XIV blew up. When history is written and some historian digs into the annals of time to understand where it all went wrong — he will come upon this blog and learn that people did not read the prospectus and were, therefore, unprepared for the catastrophic losses to come.

FB is flat after the CEO sucked media cock last night, begging for forgiveness. Pardon me for being the only one who doesn’t give a shit about this topic — but I’ve known FB has been selling data for a decade.

Cryptos are getting lit up, WTI is off by 1% and gold is strong.

In my tactical portfolio, I am making strident gains in AMTX — as the frankenfood craze takes hold of Wall Street. Not much else going on, frankly. I am not disturbed by this pullback at all.

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LATE NIGHT VOODOO MAGICK

LATE IN THE DAY I PURCHASED SHARES OF CCIH, BASED SOLELY UPON THE RECOMMENDATION OF A MAN WHO WILL REMAIN ANONYMOUS UNTIL I AM ABLE TO SELL IT FOR EXTREME PROFIT DURING TOMORROW’S SESSION. WHILE THIS MIGHT SOUND BOLD TO SOME OF YOU ABSOLUTE ASSHOLES, JUST KNOW THAT THERE IS NOTHING YOU CAN DO ABOUT IT. SHARES OF CCIH ARE SIMPLY HEADING HIGHER, IN SPITE OF YOU ILL WISHES AND UNPARDONABLE CONTEMPT FOR YOURS TRULY.

SINCE THE BEGINNING OF THE YEAR I’VE BEEN WHIPPING YOU IN THE FACE, ALMOST ON A DAILY BASIS, WITH MY STOCK WINS AND I RARELY HEAR ANY ACRIMONIOUS TURPITUDE COMING FROM THE GALLOWS OF THE PEANUT’D GALLERY ANYMORE.

HAVE YOU LOST YOUR MARBLES, OR DID SOMEONE CUT YOUR FINGERS OFF?

NEVERTHELESS, AND I’LL MAKE THIS AS SUCCINCT AS POSSIBLE: LET THIS POST SERVE AS A BRAND OF VOODOO MAGICK, AS THEY LIKE TO SAY IN SHITHOLE COUNTRIES SOUTH OF THE BORDER. CCIH IS GOING HIGHER AND I WILL SELL IT AND I WILL ENJOY TELLING YOU ABOUT IT TOMORROW.

GOOD NIGHT

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Wall Street Confuses Itself Into Selling Perfectly Good Stocks Post Powell Testimony

The market was hemming and hawing all day, trying to filter through all of the retarded statements proffered by the lawyer at the Fed, Jerome Powell. Although I had a fine day in the market, long commodities and stocks that generally trade up, many of you did not. The reason why you lost money is because you’re not a very good trader. By ‘good’, I mean you’re not well adept at making money at trading stocks.

It was one heck of a ride — but the final result was lower. Traders had every right to bid prices higher, but instead sold because they felt Powell didn’t have it in him.

Gold +1.6%, Silver +2.4%, WTI +2.9%, Dollar -0.85%, 10 yr yield moved down from 2.92% to 2.88%.

THE MARKET WAS WRONG

My read: markets viewed Powell’s statements as dovish and sold off stocks because they themselves were retarded. See, the Fed did nothing wrong. That’s the plot twist here. All of the important side notes to today’s tape were bullish for higher stock prices, but traders didn’t hold onto their stocks. As such, we will see the market move higher tomorrow, after the herd catches up with the shepherd.

 

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Mark Zuckerberg Issues Statement Regarding Cambridge Analytica

He just posted this via his Facebook page.

Look good to me. The stock is little changed for the day, +0.9%. It has lost roughly $36 billion in market cap since the scandal broke.

I want to share an update on the Cambridge Analytica situation — including the steps we’ve already taken and our next steps to address this important issue.

We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you. I’ve been working to understand exactly what happened and how to make sure this doesn’t happen again. The good news is that the most important actions to prevent this from happening again today we have already taken years ago. But we also made mistakes, there’s more to do, and we need to step up and do it.

Here’s a timeline of the events:

In 2007, we launched the Facebook Platform with the vision that more apps should be social. Your calendar should be able to show your friends’ birthdays, your maps should show where your friends live, and your address book should show their pictures. To do this, we enabled people to log into apps and share who their friends were and some information about them.

In 2013, a Cambridge University researcher named Aleksandr Kogan created a personality quiz app. It was installed by around 300,000 people who shared their data as well as some of their friends’ data. Given the way our platform worked at the time this meant Kogan was able to access tens of millions of their friends’ data.

In 2014, to prevent abusive apps, we announced that we were changing the entire platform to dramatically limit the data apps could access. Most importantly, apps like Kogan’s could no longer ask for data about a person’s friends unless their friends had also authorized the app. We also required developers to get approval from us before they could request any sensitive data from people. These actions would prevent any app like Kogan’s from being able to access so much data today.

In 2015, we learned from journalists at The Guardian that Kogan had shared data from his app with Cambridge Analytica. It is against our policies for developers to share data without people’s consent, so we immediately banned Kogan’s app from our platform, and demanded that Kogan and Cambridge Analytica formally certify that they had deleted all improperly acquired data. They provided these certifications.

Last week, we learned from The Guardian, The New York Times and Channel 4 that Cambridge Analytica may not have deleted the data as they had certified. We immediately banned them from using any of our services. Cambridge Analytica claims they have already deleted the data and has agreed to a forensic audit by a firm we hired to confirm this. We’re also working with regulators as they investigate what happened.

This was a breach of trust between Kogan, Cambridge Analytica and Facebook. But it was also a breach of trust between Facebook and the people who share their data with us and expect us to protect it. We need to fix that.

In this case, we already took the most important steps a few years ago in 2014 to prevent bad actors from accessing people’s information in this way. But there’s more we need to do and I’ll outline those steps here:

First, we will investigate all apps that had access to large amounts of information before we changed our platform to dramatically reduce data access in 2014, and we will conduct a full audit of any app with suspicious activity. We will ban any developer from our platform that does not agree to a thorough audit. And if we find developers that misused personally identifiable information, we will ban them and tell everyone affected by those apps. That includes people whose data Kogan misused here as well.

Second, we will restrict developers’ data access even further to prevent other kinds of abuse. For example, we will remove developers’ access to your data if you haven’t used their app in 3 months. We will reduce the data you give an app when you sign in — to only your name, profile photo, and email address. We’ll require developers to not only get approval but also sign a contract in order to ask anyone for access to their posts or other private data. And we’ll have more changes to share in the next few days.

Third, we want to make sure you understand which apps you’ve allowed to access your data. In the next month, we will show everyone a tool at the top of your News Feed with the apps you’ve used and an easy way to revoke those apps’ permissions to your data. We already have a tool to do this in your privacy settings, and now we will put this tool at the top of your News Feed to make sure everyone sees it.

Beyond the steps we had already taken in 2014, I believe these are the next steps we must take to continue to secure our platform.

I started Facebook, and at the end of the day I’m responsible for what happens on our platform. I’m serious about doing what it takes to protect our community. While this specific issue involving Cambridge Analytica should no longer happen with new apps today, that doesn’t change what happened in the past. We will learn from this experience to secure our platform further and make our community safer for everyone going forward.

I want to thank all of you who continue to believe in our mission and work to build this community together. I know it takes longer to fix all these issues than we’d like, but I promise you we’ll work through this and build a better service over the long term.

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