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
19,525 Blog Posts

It’s Dangerous Out There — War is On the Horizon

We might incinerate Iran over the weekend.

And now this just in from China.

Five more Chinese companies are banned from purchasing U.S.-made components.

The Commerce Department said these companies’s activities “pose a significant risk of being or becoming involved in activities contrary to the national security and foreign policy interests of the United States.”

Shares of U.S. semiconductors came under pressure after the announcement.

Semis are soft on this news. What to do? Figure it out you fucking brainlets.

I don’t have anything to do, other than watch over my slowly appreciating value stocks. They’re as interesting as a piece of cardboard, or maybe aluminum foil. But it’s SAFU and I need that in my life now, as I attempt to market my home and manage a website filled with degenerates.

I just spilt half a cup of coffee onto my white shirt. That was nice and refreshing.

This will be the final post of the day, as I am inclined to do anything but this. I just tossed a trade on for the weekend and I’ll sacrifice several goats tonight at the Druid Lodge to ensure the trade is a success. Other than that, I foresee a weekend filled with toil and grit and unhappiness at House Fly, grinding and dragging and slogging about sloppily into the summer. I’ve had better times before and I’m sure there will be better times ahead.

Until Monday lads, fuck off.

NOTE: I sold the following stocks to raise some cash.

DLTR +4.8%
ETR +3%
ED +2%
KMB +1.1%
DLR +4.3%

If you enjoy the content at iBankCoin, please follow us on Twitter

7 comments

  1. juice

    interesting on Trump vs Iran

    https://ejmagnier.com/2019/06/21/iran-and-trump-on-the-edge-of-the-abyss/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • cheesefries

      Trump was a genius for making domestic oil production one of the pillars of his campaign. The Iranians don’t have us bent over a barrel anymore. Continue to choke them economically and you will see who is in control.

      • 0
      • 0
      • 1 Deem this to be "Fake News"
      • ferd

        Bibi’s spray-tanned toy didn’t invent fracking and the Iranians didn’t have us over the barrel when he took office -yeesh. This mess came about because the US withdrew from our commitments under the JCPOA and terrorized Iran on behalf of a faction in Israel that wants us involved in conflict against their enemies. As far as who’s in control …clearly it ain’t Trump.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  2. roguewave

    China responded by saying there will be absolutely no immediate of future retaliation for these actions.
    To the contrary, they said “Thank you Sir, may I have another?”
    https://www.youtube.com/watch?v=sTafRh8hL3k

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. snoozemr

    jesus i made the mistake of pulling this up before i went to sleep. that’s a creepy as fu** picture. i’ll likely have nightmares related or unrelated to WWIII or things that go bump in the night.

    • 0
    • 0
    • 0 Deem this to be "Fake News"