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
19,895 Blog Posts

Back in the Lab, Cooking Up Profits

Markets have all but collapsed and I’ve been out this day on leisure. But now I’m back in the lab and applying cash to work. I am heavily long biotech — since aside from gold and REITs, it’s the only sector of the market working. But more than that, it is surging. These fucking stocks, for the love of God, look like firecrackers.

I’d tell you what I bought — but that privilege is for members of Exodus only. So sorry.

55% cash, in the fucking lab cooking up profits. Trust me, I am a Dr.

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4 comments

  1. ferd

    Among other things, this morning I shorted 2% yields and went long 10% yields via MBT. (Yes SK, that’s mother Russia.)

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  2. irma vep

    Good music video.

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  3. numbersgame

    Just to make things interesting, I’m calling a technical top in IBB 🙂

    The gap to $115.41 gets filled this month, and we’ll see from there.

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  4. numbersgame

    The market is incredibly optimistic.

    The President of the United States says that a trade deal may get pushed out 1 year and threathens new tariffs, market goes down 1% from near ATH

    An anonymous source says “trade deal close”, market recovers. Why is it that we only hear from our liar-in-chief or anonymous sources on this? Why isn’t Peter Navarro saying anything, and why does it take 8 weeks fora Phase 1 deal to buy soybeans?

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