iBankCoin
Home / 2018 (page 126)

Yearly Archives: 2018

Larry ‘of America’ Kudlow Rumored to Be Top Contender to Replace ‘Globalist’ Gary Cohn

Everyone loves Larry “of America” Kudlow. Should he get the role as chief economic advisor, I am certain Wall Street will be green shooting the fuck higher. In the history of the Unites Steaks, there has never been a bigger cheerleader for America more than Larry. He is quite literally the most patriotic person to have ever been born north of Mexico.

Here’s Cramer, former teevee partner of Larry’s, offering an incoherent caffeine fueled rant on Larry’s prospects on replacing Globalist Gary Cohn as Trump’s top economic advisor.

Truth is, if you’re against Larry — you’re against America. If you’re against America, you should be deported to China — a denizen that will soon ‘enjoy’ much higher steel tariffs.

Good day to you.

Comments »

THOU SHALL CHASE FAANG FOREVER

Andrew Left from Citron Research has ruined a perfectly fine day, shattering the hopes and dreams of millions of $NFLX shareholders. The stock is lower because he decided to shit on the shares. The stock is lower because Andrew Left is an evil man.

How does one deal with such adversity? One preservers. I feel for NFLX shareholders today, rangled and mangled to the tune of 3.8%, all the while its peers in the FAANG (pronounced FAAAAAAANG like in a goat’s accent) is cheerily lifting to all time record highs. Year to date, shares of NFLX are only higher by 66% — but I am told there are many reasons to keep the faith and HODL for more upside.

The Dow is off by 147, but that index is filled with old man stocks — companies that no one needs. As my teenage children like to tell me, ‘Dad, no one cares about that anymore.’ All we should care about is Amazon, Apple, Netflix, Facebook, and Google. But we do not really ‘care’ about Facebook, do we? Of course not. We merely tolerate it and really only care about their subsidiary Instagram, “The Gram” are they like to call it. The same could be said about Google. No one really appreciates Google, we merely take it for granted and instead enjoy its subsidiary YouTube.

It is a wondrous world and I’d advise you to steer clear of men like Andrew Left. He must be upset over a childhood incident. Perhaps someone forced him to eat a lemon for lunch one day and has been trying to return the favor ever since.

I know what many of you are thinking. The market is up a whole bunch over the past week and there are so many mixed signals leveling into a tape that has so many divergences. My Quant strategy is higher by a cheerful 0.4% today, invested alongside great American industry, while my SQQQ hedge in my trading account is lower by another 1.4%. That is tangible proof that to bet against the Nasdaq is to literally toss money, idly, into a sewer cap without regard for one’s family or personal well being.

Stop throwing money into sewer caps and stop following Citron Research on Twitter. Unfollow them right now!

Comments »

Amazon’s Bezos Accepts Award, Promises to Spend Wealth on Space Exploration — Eats a Fucking Iguana

Whatever. These people are lunatics in the first place. The decadence and the excess cause them to lose equilibrium and that leads to bad choices.

For 114 years, the Explorers Club hosts an annual dinner — attended by assholes who enjoy eating goat dicks and spiders. They discuss the planet, outer space, and the ocean — casual discussion over lizard brains and the eyeballs of sheep.

Here’s Jeff Bezos enjoying a bug and a spider.

And here’s Jeff this weekend digging into a fucking iguana.

The more interesting part of the story is Jeff’s statement that he’s going to spend his “Amazon Lottery” winnings on space exploration. With a net worth of $131 billion, perhaps for the first time in mankind’s history, we can go visit the moon.

“The price of admission to space is very high,” Bezos said Saturday night in New York, accepting the Buzz Aldrin Space Exploration Award at the Explorers Club Annual Dinner. “I’m in the process of converting my Amazon lottery winnings into a much lower price of admission so we can go explore the solar system.”

Bezos previously said he’s funding rocket company Blue Origin LLC to the tune of $1 billion a year through the sale of Amazon stock. His comments at the event suggest that may be only the start of his financial commitment to the project, which is developing reusable rockets. His net worth is $131 billion, with $125 billion of that in Amazon stock — and that “keeps on going up,” his mom, Jackie Bezos, said during the cocktail hour. His fortune has grown more than any other on the Bloomberg Billionaires Index this year.

It would be nice if Amazon bought Tesla and Musk could work in conjunction with Bezos to figure out how we, as humans, could travel to the fucking moon for the first time.

Comments »

Morning Poppers (Fuck Youtube Edition)

Whoever is charged with Youtube’s new community guidelines policy (Southern Poverty Law Center) is a gigantic faggot and piece of shit. I’m not gonna become one of those people who scream injustice after being censored for the millionth time. I find those people to be ridiculous clown-faggots who relish in their victimhood. However, I think it’s also important to share some of the fuckery that most of you aren’t privy to — being lowly readers and all.

Last week, Youtube flagged a video that I uploaded a video that DEBUNKED the theory of Parkland being a false flag operation. It was a panel on CNN calling out the fuckheads who cry conspiracy after every active shooter and that video was removed from my channel because of the nature of its content.

About a week before that the account was flagged for an interview with a Parkland student who said there was more than one shooter and she was, in fact, talking to the killer just moments after it happened. Those two vids earned us two strikes and I am fairly certain the channel will be deleted by Youtube soon — since I am getting flagged on a daily basis now for a variety of reasons. We have roughly 24,000 subs and get about a million views per month on the channel and it is home to all of the classic iBC content, including Fly-centric videos, such as Asshat Awards and my cartoon series, which is absolutely hilarious. If you like those vids, I suggest you download and save them — for I will not be doing so.

Futures have halved from last night’s gains and I hope they die. Right now we’re looking at a gain of 50. Gold is off by 0.5%, WTI -0.8%, and LITE is acquiring OCLR. Other than that, ain’t shit going on — nothing at all. Crickets.

Comments »

JAPAN STICKS BEARS IN UNIT 731; S&P FUTURES HIGHER, BITCOINS RAMP

If any of you ignorant punks ever wanted to get ‘red pilled’ on the evils of Japan and later on America, post occupation, have a look into the dread that was Unit 731.

Meanwhile, Japanese markets are torturing sellers with extreme venom — withdrawing their eyeballs from their head and replacing them with doorknobs.

The NIKKEI is higher by 465, or 2%. S&P futures are +0.2% and Dow futures are +100.

Over in crypto world, Bitcoins are +12% to $9,650.

There isn’t any news out tonight, other than the ridiculous notion that Elon Musk would like to have pizza joints and nightclubs on Mars. Please. We haven’t even been to the moon. Go ahead and prove that we did, you god damned shills.

Comments »

Californians Take a Bullet Train to the Head

Bond holders gave California authority and initial funding for a high speed railway in 2008. Since then, staying true to California nature, they’ve been lounging around doing drugs, growing marijuana plants. They will unveil 119 miles of track in 2022 — only 14 years after they were granted authority.

However, the distance between Los Angeles and San Franscicko is a lot more than a measly 119 miles. It’s approximately 381 miles. News hit the wires yesterday: it will take a lot longer to build and plenty of more fiat. Current guesstimates peg the high speed rail job at an astounding $77 billion, up 20%, and the date of completion is 2033 — 4 years longer than previous carefree guesses.

To make matters worse, they don’t have the slightest idea how they’re going to pay for the damned thing. The state received $2.5b in federal stimulus money, plus another $930m in fed handouts, and they raised $10b in a bond issuance from voters, leaving a gaping shortfall of roughly ~$65 BILLION.

That’s clown tier money — an actual joke held in the hands of a man slipping on his own furniture.

California intends to raise more money through cap and trade schemes, which is criminal activity that fines companies for using carbon, an elaborate ruse that involves extorting money from them via the sale of carbon credits. The only issue with that source of revenue is the fact that lawmakers are able to divert them at will, mostly aptly used to succor the favor of voters in order to get reelected. In other words, totally unreliable.

So the bottom line analysis is one of supreme retardation. California will spend an infinite amount of money to build a small amount of high speed rail that is going to cost a King’s Ransom, a fortune that is totally unfunded and run by lunatics who still do not know how they’re going to get it done.

Best case scenario, it will take 25 years to complete.

How does this compare to China? It doesn’t.

In 2008, when California got approval for the project, China completed 75 miles of high speed rail and it took them only 1 year to finish. Furthermore, they now have 13,670 miles of state of the art rail, more than all countries in the world combined. The cost for 13,670 miles of track was $360 billion. Juxtapose that against our $77 billion boondoggle for a pitiful 381 miles and one gets the almonds going good and one starts to think that perhaps American exceptionalism is actually a disability and not something to be displayed on a bumper sticker. Moreover, China is currently laying down track like, err, Chinamen in the US circa 19th century, with plans to add another 9,321 miles — connecting all major cities in China by 2025.

SAD!

THIS IS WHY WE CAN’T HAVE NICE THINGS.

Comments »

My Experiment in Veganism is Coming to a Fast End

As an aside, I was reading about The Man Who Knew Too Little from the NY Times and enjoyed it thoroughly. For some of you who are unable to deal with current events and the unseasonable events of the day — dare I say you should lead a life of carefree ignorance?

On the issue of sheer ignorance, I’ve concluded my life experience in being a vegan. It has been about 9 months of a meat free, dairy free life. During that time, I’ve cavorted with members of the vegan community, pretended to be one of them, infiltrated their upper ranks, and have preached to meat eaters the numerous and indelible evils of meat consumption.Alas, my mission has ended and I will shortly resume a sinful life of wanton meat consumption — ultra thick rib eye steaks and hammed sandwiches. Over the past 3 years, I’ve hopped from one diet to the next — from a strictly protein based, near Keto diet, to gluten free, to dairy free, to vegan, to pescatarian, I can honestly say I am a better informed consumer of food and have enjoyed my heuristic journey into a black world of mushroom burgers and cauliflower tacos.

As for other happenings in my life — I’m still in the process of opening my advisory business — which will be powered by Exodus strategies. I’ve joined a new gym, Lifetime Fitness, and look forward to its grand opening in my area in May. My new dog resembles a coyote and is probably the smartest dog I’ve ever had — likely because she was a stray and had a hard life before I adopted her. I haven’t started part three of my book series yet. I’ve also created an outline for a fictional story about a man from Ireland who got rich by accident, bumbling into one bubble trade after the next with space alien precision. If I write it, I am sure it will be the funniest thing I’ve ever written.

Regarding the market, does it get better than this?

Here are the top technically rated stocks in Exodus.

Comments »

Trump’s Dow Jones is 1,300 From Record Highs — Can the Madman Do it Again?

STOP CELEBRATING NOW. You people are so fucking annoying. Some of us own SQQQ and a lot of meaningless dollars, sitting there staring at us stupidly.

While you undergo your God complex this evening, bragging to your faggot friends about all of your gains, remember this: THE DOW JONES IS 1,300 FROM RECORD HIGHS.

How do ya like ‘dem apples?

All in all, I made nice gains today, in the ballpark of 1.5%. My trading account is a barren mess now and I’ll need to throw on some new positions next week.

It was a fun week and I have no regrets. For this evening, I have a busy night of driving and spending money ahead of me, betwixt by dog walkings and large glasses of gin.

Ciao.

Comments »

We’re in Day 6 of 10 of Exodus’ Oversold Cycle

The systemwide oversold cycle began on 3/2/18 and will last for 10 trading days. Thus far, the return on the SPY has been nothing short of stellar, +3.75%. Gains in some of the upside ETFs even more spectacular — with SOXL +41 points during the same time period.

Just to put some perspective on this, the current return is about double the median return for our principle algorithm. In other words, if you were basing your investments on standard deviation, you’d be a net seller today — moving swiftly to cash. Markets look great and my call to hedge was flat wrong. However, that doesn’t mean you should be greedy and hold over the weekend. Who knows what could happen? Maybe Agent Mueller will kick in Trump’s office door and arrest him on charges of treason.

Here are the stats. Bear in mind, we’re only in day 6, so, comparatively, the SPY return is nearly 4x greater than the expected return and twice as much as the entire 10 day cycle, historically.

As an aside, my Bubble Basket is +22% this year. That’s a collection of the most overvalued stocks in the market. Talk about risk on, eh?  My quant is +1.55% for the day, saving me from committing suicide having to look at this fucking SQQQ all day long.

Off to take a siesta.

Comments »

THIS IS ME TODAY

Everyone out there must be having the time of their lives — popping champagne corks into each other’s faces — behaving like true patriots in the face of a furious rally.

Yet here I am with balls in tow — long SQQQ in my trading account and a few others stray dogs that are doing nothing at all. I had to sell out of REPH for a 5% loss and I can’t find a damned thing to buy. Luckily, and I hate to keep reminding you, most of my money is invested systematically via Exodus Quant and that’s doing just fine. But it’s not fulfilling. I need my fix — the injection of adrenaline into my neck to keep life interesting and worthwhile.

Right now, I stand before you a pathetic ghostly visage of a great former warrior — a tested quality that has resisted inclement conditions and has now been reduced to a fucking frozen popsicle on a very cold and very lonely city street.

I refuse to buy into this shit on a Friday, after such a melt up. Just a few days ago I sold SOXL for +21 point gain and it’s up 20 points since then. What the fuck kind of shit is that?

I hate when I get like this — paralyzed thru crazy thoughts ruled by anger. I’ll get over it by Monday, unless of course we open up another 250. That will truly cause me to sperg out and punch holes through the sheetrock.

Off to go walk my coyote. If I see you in the streets, I will order her to attack you.

Comments »