iBankCoin
Home / 2018 (page 33)

Yearly Archives: 2018

Here We Go Again — Markets on the Cusp of Significant Rippage to the Upside — ALL IN

I was having a hard time buying new stocks. All of the charts look the same and it felt redundant to take on new responsibilities, especially with charts looking so dreary.

Then I got to thinking, “what the fuck am I scare for? I’m the motherfucking Fly, a financial super hero — the backbone of a generation — taking to these internets with energy and vigor for more than a decade. Everything I touch turns to gold; and I have been blessed with a keen sense of direction, bestowed upon me.” So I went all in.

Hear me now. I doubled up in the follow names and have gone “all in”, as markets crash higher — zeroing out Zerohedge and making a mockery of the bears who felt now was the time to get involved.

SSTI
OKTA
NEWR
MDB
DOCU

And I started a new position in Chinese IPO QTT.

Cash levels have been reduced to just 5%. Ask me if I care — because I really don’t.

“Boats crashing against the current, oarless, absolved by the fate of destiny, carried forth by the winds of the Gods.”

-Fly, 2018

Comments »

Just Booked Immense Profits in Pot Stocks

Don’t you know weed isn’t good for you? Ahead of the Canadian vote to legalize crack, I booked profits in NBEV (+21%), TLRY (+19%) and CGC (+11%). With NBEV, that was a double sized position, or 10% of my portfolio.

I am still holding YGYI and NEPT.

Separately, I bought MDB. It looks like it might fashion a cage break out soon.

Comments »

Major Oversold Bounce Incoming

If you’re standing in the way of progress, you will be taken down. There is nothing that can stop the market from heading higher now, not you, or your stupid fucking friends, not even the Chinese. The time for cheap talk and half measures is over. We’ve been oversold now for 8 consecutive days and I’ve had enough. We are going to drag the bulls by their hair, pull them into the city square, and someone else is going to then take them and cut their dicks off (no homo).

I’ll have you know, the weed stocks are running again. Did you get involved? That’s too bad.

I cannot wait for my SAAS stocks to springboard, the fuck, higher. I am going to deploy all of my cash to this effervescent bull run. I cannot wait to scare the children this Hallow’s Eve with my XIV carved pumpkins and margin call notices in their baskets.

There is nothing more for you to know other than the fact that stocks are set to scream higher. Follow me and all will be good, profitable, and on par with all formal conduct adhering to the traditions of decorum.

Comments »

Watch Cryptos For a Manic Move Higher

I’m exhausted and can’t even think straight, let along cobble together a nicely written blog post for you God damned ingrates.

Thought exercise.

Everyone keeps citing Chinese declining Yuan as proof that the Chinese are partaking in chicanery. Truth is, the drop is likely the result of capital flight, by well heeled Chinese getting the fuck out of the country. Being that 75% of BTC is mined in China (I read that shit online), one has to imagine the underpinnings for BTC to be cock-strong in the face of all that flight.

Recently, cryptos have been behaving well. If you continue to see BTC and others breakout, you will have confirmation that money is being transferred out via cryptos. Hence, you want to get long cryptos and its proxies in the stock market.


BTC has done shit

I am talking OSTK, SIEB, RIOT and others. I’ll get into it tomorrow.

Nite.

Comments »

WHATEVER

So America is sledding rapidly towards perdition, with budget deficits swelling and an aging demographic that is bound to catch up with us and ruin an otherwise fine country filled with occult loving edge lords. There are so many better things to do than worry about budget deficits or the solvency of this slovenly nation. Truth be told, too many of you place energy into this narrative. No matter what you say, nothing will ever change. Generations have come and gone, and still, everything remains as it was before. From the robber barons to the silicon valley FUCKHEADS, back around to the lug nuts in Texas, always know and understand that this is a game you’re not capable of playing.

With that being said, we can disassociate ourselves from their sandbox and simply shadow them and steal all of their money when they’re not looking. I was gifted a unique gift, the ability to detect things quickly, able to read a room, able to pick a fucking stock.

Listen to me now. The cannabis trade isn’t done. This shit is about to head into hyper-drive again, with speed demon dick choppers working at a furious and angry pace, cleaving men from their private parts and discarding them to the side like slabs of pig fat.

I am long NBEV in size, TLRY, NEPT, CGC, and YGYI for the fuck of it. You can try to stop me, but you’ll fail. The stock Gods are nothing compared to the powers vested in me thru the grande lodge of iBankCoin.

Good day to you, Sir.

Look at these gainz. Join Exodus.

Comments »

Serious Question, What the Fuck Happened to Goldman?

I know they’re the vampire squid, very evil, and black, and also greedy — but permit a DJ to preside over America’s leading investment bank? I know, DJ Sol is more than just an EDMFAG; he’s well versed in finance and knows his shit.

So why the fuck is he out there sullying the good name of Goldman with shit like this?

Perhaps this is all part of a greater Machiavellian scheme, to bestow upon America an ordinary lad who enjoy to mix EDM songs for plebs on the weekend. I realize there are limitations to understand the schemes of America’s grand lodges in the short term, as they play a very long, generational game. But fuck DJ Sol and the entire GS board for inserting this into the timeline. I cannot believe I was forced to write about it.

Comments »

GOT A CHART BREAKOUT — Analysts Don’t Like It, I Do

Howdy folks.

I bought some YGYI after a 1,000% run higher — because of the MUH chart. This is another cannabis craze, starring deranged traders in search of fortune. I, for now, remain amongst the sheep, gnawing and braying, eating all of the sweet grass and running in the fields away from the animals with sharper hooves.

I’ll probably get REKT in this fucking thing. Then again, I really don’t give a fuck.

I also doubled up on NBEV, for the heck of it.

Comments »

Adding to My Perfectly Legal and Healthy Drug Obsession

The market is going thru a sundry of issues now. While it fetters out what it wants to do, I’ll be here buying perfectly legal and very healthy drugs. The more you smoke, the healthier you get.

I’m already long NBEV, NEPT and TLRY and have now added to CGC.

What wonderful charts!

With CGC, this is a high confidence trade for me. As a matter of fact, should I lose money on this ordeal, I’d be willing to chop my own head off on live television. This is just to show you my level of commitment to the stock game. How many other bloggers are willing to remove one’s head, just to prove a point?

ZERO, I bet.

At any rate, all of my SAAS stocks are lower and I am very sad faced about that. I did sell my TZA hedge for a 2.5% loss and now find myself saddled with 40% cash, 100% confidence in the cannibai drug trade.

UPDATE: I doubled up on NBEV. Cash now 35%.

Comments »

Futures Are Soft; But Expectations Are Hard AF

I know many of you are saddened by this morning’s news — Sears has been shot dead and is now bankrupt. What will America do without the haunted hall of Sears, festooned with bad appliances, ugly clothes, and filthy mattresses? More importantly, once the stores are finally shuddered and closed for good, what will the shopping malls do with the space?

How about laser tag? That’s always a fun thing to do. When my kids were younger and liked to do things, I’d take them to a laser tag place in Jersey and we’d run around like animals for hours — Fly being a sniper and all — making the kill because I was part of a team, an elite squadron of laser tag shooters, and we needed the win. Now the kids parlay on their phones throughout the day, gossiping about nonsense — living the life.

Futures are soft this morning; but you can feel the Autumn winds settling down now and the brisk coolness of October moderating. It won’t be long now until stocks reverse and barrel higher. Can one barrel higher?

At any rate, my favorite stocks to watch will be pot (TLRY, NBEV) and a wide array of SAAS stocks. To be able to select good stocks, as opposed to bad ones, isn’t important now. Everything will shoot higher in a convoy. The trick now is to time being “all in” perfectly to maximize exposure to a bottoming out tape.

More on this later. Happy Monday.

Comments »

Saudi-US Row Improbable, But If It Does Happen — Here’s How You Play It

Saudi Arabia and the United States have a very curious relationship. If you look at it on face value and how friendly they are with Israel — it makes no sense. But why bother trying to understand the machinations of world leaders? Let’s play the game and see where it takes us.

In response to growing calls to punish The House of Saud for potentially murdering a Wapo journalist, Saudi Arabia issued an official statement, and an unofficial one via proxy. The proxy statement is a threat.

“The kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures or repeating false accusations,” the government said in a statement released to Saudi media. “The Kingdom also affirms that if it receives any action, it will respond with greater action.”

Turki Aldakhil, who leads the Saudi-controlled Al Arabiya television news network, warned Sunday that U.S. sanctions could ignite an “economic disaster that would rock the entire world.”

“If the price of oil reaching $80 angered President Trump, no one should rule out the price jumping to $100, or $200, or even double that figure,” Aldakhil wrote in an opinion piece on the Al Arabiya website. He said the fallout could drive “the entire Muslim world into the arms of Iran.”

If Saudi Arabia think they could get away with it, they’re probably right. The idea that oil skyrocketing higher is a concern for the US is a joke. We are net producers of crude and I believe it is in America’s best interest to see oil skyrocket. So let’s play the game and see where it takes us.

Buy refiners.

The US refiners source oil domestically and will be gifted with a unique situation with the price of Brent running way higher than WTI, should we sanction the Saudis. Remember, the refiners source in WTI, but retail in Brent. Hence the blow out in Brent vs WTI becomes pure profit.

Comments »