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
23,426 Blog Posts

Markets Hit Record Highs; Small Caps Continue to Suck Wind

These two charts are analogous in many respects and there’s nothing you can do about it

It’s HOOD vs GS and it has always been that way. There will be brief periods of time when the Third Estate thinks they’ll make it — vis a vie “MEME STOCKS” and they’ll feeeeeel really good about themselves and go off on proliferate spending sprees to demonstrate their success. They do this for sex — because carnal desires are the demands of the unwashed — over-sexed, over-medicated, over-margined fucking morons. Now that the dust has settled and you bear witness to your NFTs at zero and BX at record highs, will you look inward?

Of course you won’t — because that would entail admitting to being wrong and if there’s one thing we know about the canaille is Dunning Kreuger runs strong with them.

Did you think Trump was gonna build a wall? Did you think Biden was going to unite America? Do you think Pfizer cares about your health?

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4 comments

  1. emersonlakepalmer

    Do you think Helen is a spinster?

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  2. bambam

    Do you think FIG?

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  3. Mr. Cain Thaler

    Bad 7 year auction popped the long bond yields. It looks like the bond bulls have lost. Yield trend now establishing higher.

    In spite of this, commodities held up and ended mostly green.

    The stars continue to align for stock calamity.

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  4. moosh

    Borderline CHARTFAG

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