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
20,688 Blog Posts

SHITHOLE TRADING

It was supposed to be different. Le Fly embarked to Myrtle beach for the first time and expected something nice, as he is accustomed to top flight beach denizens in the northeast corridor of the United Steaks. Instead, he was entreated to small boys playing outside sewage pipes by the beach, water run off pipes festooned with flies and old people. Toothless men fishing at 1pm, most likely for supper. This place I am in is a shithole and I am trading a poorly performing market from it.

I was clubbed to death today, to the tune of 320bps. It was worse, but I pulled off some gains towards the end of the session with purchases. I cut my losses on any stock at 5% and fixated on macro exposure via ETFs for overnight holds.

My MTD gains have been SHAVED to just 1.4%.

What does it all mean? Where are we heading?

Higher.

Trump only has the market and Hunter Biden’s dick pics now. We are now scraping the bottom of the political trash bin and we should expect more of the same for the next two weeks: riggings and dick pics, in that order.

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10 comments

  1. tradercaddy

    Well. there is always the Putt Putt miniature golf courses which are plentiful and can be found by the T-Shirt and Taffy Shops.
    Maybe, you will stick the ball through the clown’s nose on number 18 and win Antifa Fly and yourself a free game.

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  2. purdy

    If “Pop’s 10%” or “the Big Guy’s 50%” hasn’t made it into the calculus of the Biden voter, will ‘market riggings and dick pics’? Anyway, do market riggers even want Trump?

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  3. purdy

    Consider hiring a boat and getting the family out of sight of that unsightliness. Enjoy your vaca.

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  4. bambam

    Myrtle probably nice back in the day

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  5. traderconfessions
    traderconfessions

    Why would you go to Myrtle Beach, the Jersey Shore of The South, when you could go to Charleston?

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    • tradercaddy

      Agreed.
      I also suggested Historical Savannah as well as Charleston the other day.
      I think Fly should be checking with his readers next time the Fly family wants to do a mini vacation.

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  6. heckler

    I like how fly went on vacation to a parking lot

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  7. tha pirate

    Hey cap’n,

    Why don’t yous’e guys wanna go to get a garbage man-tan on Orchaaad beach? We can bring some spaghettios and afta go to Hunt’s point fer auto pahts

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