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
23,434 Blog Posts

We’re in the Twilight of Collapse

I’m a bit lost without the specter of looming disaster or melt up. The sudden surge in stock prices these last two months has surprised many of the permanent bear type of investor into a state of shock. We’ve lost so many fellow ursine to the horrors of the bull market, which, by the way, came out from nowhere — much to the delight of the transgendered bull who lies and tells tall tales of it always being here.

‘Tis isn’t true. Might I remind them stocks COLLAPSED in 2022 to the tune of 35%, tossing many of man straight out of their dining room windows onto the hard unforgiving pavement below.

After such a year, we expected a repeat of sorts in 2023 — but sadly that didn’t happen. In its stead, we got fucking $META and $NVDA up triple digits and just about every stock that fell in 2022 soared back to record highs in 2023. With such performance, in the face of such fright, who could ever doubt the market again?

I doubt it and I am here to remind you that, although it doesn’t appear to be over — it really and truly is. The sands of time have already started to dissipate and there isn’t much left to do other than having to wait for the eventual and final collapse to occur.

Meanwhile, we get to trade in a neurotic tape filled with pops and drops, sudden third world movements fucked with “fuck you candles” and news driven events shopped heavily by circus clowns in the media — beclowing themselves for the sake of borrowing time.

I’m having difficulty, again, refining my trading account and have seen my swing trading account beat it by orders of magnitude. I am up nearly 16% in my swing and just 1.5% in my trading for the month of December — mostly due to churning myself and reacting to a market that veils it’s true nature with jerky movements. I am sure there are many who are crushing it. But this isn’t “my sort of tape” and I am contemplating whether I should switch the strategy to swing trading, absolving myself from having to deal with the day to day pangs and the horrors of the bull market.

I titled this post based off of a fact, which incidentally has nothing to do with the stock market. I’ve come to realize a long time ago the market trades off emotions and money supply — rarely if ever reflecting the overall health and prosperity of its people.

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