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
19,441 Blog Posts

Markets Indecisive — Feels Like a Trap

It’s a rare thing to see markets flat before the open. Typically fuckers have a bias. But today looks like one of those days with little to no pre-market activity. As sure as I’m sitting here — extreme volatility will occur during the rest of the tradings day.

Shares of BA are higher on news that an Indonesian pilot saved a 737 Super Max from going down 1 day before the fatal Ethiopian crash. Because we live in a bizarro world — this is considered to be good news.

Google got fined $1.7b in Europe for being assholes. Any interest? No, let’s move on.

UBS said this was their worst quarter in a very long time. Even their advisory division shed 9%. Nothing? Ok.

Shares of SMAR are sharply higher, post earnings. If you have to gamble on a report, why not do it with a SAAS company? After all, the whole point of their business models is that they’re repeatable.

GIS beat and his sharply higher. Wonderful. Why is LANC going up everyday? Jack Daniels mustard that popular?

See you after the market opens.

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4 comments

  1. jerkchicken

    Thoughts on Google’s GDC 2019 Gaming Announcement? What are the financial implications of Google leveraging their cloud and datacenters to cut out all hardware via remote desktop? Sounds like it’s join or die. Long SaaS.

    https://www.youtube.com/watch?v=nUih5C5rOrA 37:45 – 44:50

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  2. teslawasright

    Is Trump put in to be the king of Bankruptcy of the United States Corporation?

    Gold is gonna pop later today, No? NUGT, SLV, DGP

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  3. the dude

    UBS has not been doing well ever since they shut down the money laundering division.

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  4. numbersgame

    Could just be that nobody wants to get ahead of the FED.

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