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
23,476 Blog Posts

A RED WAVE OF MONSTROUS PROPORTIONS EAGERLY AWAITS AMERICA

I’ll pretend I believe in the election process, for the sake of commentary.

It’ll be very nice to see the cock sucker in chief REVOKED in a malicious way this tomorrow evening, losing in districts only dreamt about in GOP wet dreams. Truth is, the least form of Marxist war mongering scum is always the preferred option. I am fairly certain, based on the track record of what democrats have done since seizing power, their time in American leadership is fast coming to an end.

They lost their censorship weapon with Elon acquiring Twitter and now they’ll lose their fucking slush fund to continue a Vietnam stratagem of ruin and death in the Ukraine.

These are of course my hopes and dreams — which are bound to be shattered to fucking pieces after the new piece of shits replace the old ones.

I started off the week DOWN 64bps, up 1% in my quant. I will expect gains for the balance of the month, since the NASDICK entered today down 4.7% for November, a completely outlier loss in the month of gravy and turkey. Also, markets have traded up in 17 of the past 19 mid term elections since 1946.

God bless America and fuck the Ukraine and fuck the cunt Jim Biden and all of his other like minded cunts who are driving people insane with division and corruption.

Comments »

INDECISION

I guess people are wondering if the elections will be RIGGED again. Let it be known, I am an ardent election denier, always have been ever since young. I have been denying the elections for as long as I could remember, a wee small boy running about the concrete jungles of Brooklyn with a sharpened stick in hand. As I ran and ran and got winded, I could recall thinking “elections are rigged events to satiate the mobs and prevent the government from being overthrown.”

Markets are unsure as to the direction it wants to take. Risk is most certainly off in the riskiest of areas. Look at CVNA. However, there is some strength in big cap semis, finance, and commodities. There is almost no strength in healthcare and one has to be thinking this crash will be closed.

Natural gas +10% for the day only lends to the idea of a dark winter of death and destruction. Thank heavens it’s 81 degrees in NC today, otherwise my furnace might be burning through some of our national stocks. We will need those stocks to convert into LNG so that our European partners might enjoy some warmth this holiday season.

Comments »

SCUM DAY LOOMS *

Tomorrow is Election Day and to many of you an exciting day to “exercise your constitutional rights”, which in fact are non-existent. You’ll cast your ballot for A or B and whichever side you choose will ignore all of your requests and continue to do the bidding of the CIA and large institutional interests. Both sides will be cogs in the wheel to hell that will spend your children in their wars for profit and power, none of which will benefit you in the least.

In all of this empire building the US has partaken in, has it, say, helped your healthcare expenses or perhaps provided you with a safe country whereby you could cavort with gold chains at 3am in the middle of a large city?

This is what will happen, almost exactly.

The Republican scum will win more than the Democratic scum, because this go around the Dems are so reprehensible people would prefer heads on spikes rather than bear to see one more campaign ad. The GOP shills will feeeeeel comforted by this victory and shut the fuck up as the newly elected get indoctrinated and introduced to their new bosses. The GOP shills will have no idea other than continuing his hopes and dreams for a 2024 GOP win, not because he likes the GOP candidate — but because he hates the democratic candidate so much — anyone is better.

This is how it goes with both sides, around and around on the carousel from hell with the people electing scum after scum.

Truth is, politicians have always been terrible; but nowadays they’re no longer benign. Now they’re all about controlling people instead of empowering them, social engineering, war, discord, cultural genocide: the Globohomo.

So go ahead and get out there and vote, hoping for change and making America great again. Meanwhile, the debt cache heaves and the war deepens crimson and everything you once knew about your country is erased.

Comments »

VICTORY LAP: LE FLY CRUSHES THE OPPOSITION; STOCKLABS REIGNS SUPREME OVER CATAMITE COMPETITORS

With stocks down more than 30% this year and all of the crowd favorites in the toilet for -70%, it should impress you to learn, mind you, Le Fly has once again done it. Let me be emphatic: if you are reading this blog and have money to invest, there is a 99% chance that I am better than you in almost every facet of trading/investing. This is a simple fact, same as the shape of the Earth and color of water. I am not besides myself with arrogance. Quite the opposite, actually. There are few things that I am highly skilled at doing. If you asked me to fix something around the house, I’d likely mess it up 2 or 3 times before figuring it out. But if you showed me a portfolio, I could fix it right away.

Unlike most of you, I am a professional. I was trained since young and taught in the proper method of money management, retired from that racket in 2017 to become a full time shit talker on the internets, managing Stocklabs filled with a trading room of top hatted degenerates.

This is NOT a sales pitch, but a life raft for those of you with shot through boats sinking rapidly into the deep. I have 4 portfolios inside Stocklabs and I will describe the methods for each.

1. Algorithm account: I buying TQQQ when our system flags oversold. I buy in three increments of 33%. I have done only a handful of trades this year — all trades are 5 day holds — strictly enforced.

2. Stocklabs Quant: This is a portfolio of 20 stocks (5% weighted positions) that is rebalanced the first of each month using the Stocklabs fundamentals and technical metrics. I do not force diversification, which is how this portfolio is up so much this year, as the technicals and fundamentals shifted the portfolio OUT OF TECH in late 2021 and into oils.

3. Fly Holdings: This is my trading account. I employ many different tactics to achieve results. In early 2022, I was heavily short and long oils which made me the bulk of my returns. Nowadays, I day trade 3x ETFs for quick rips and buy strong stocks for overnight holds. In the past, I would buy volume breakouts using Stocklabs delta tools. In short, trading is as much of an art as it is a science.

4. YOLO: This is a new portfolio that is actually up more than 60%, but I only added it into SL recently for tracking. With this portfolio I buy 1 stock or ETF with the whole account based off my conviction. Simple.

All trades are broadcasted and trackable though the portfolio feature, alerts sent out, etc. Enter into House Fly and your only complaint will be you’re not up enough during the worst market since 2008 (extra JMORON).

Comments »

BREAKOUT! INFLATION SPAZZES OUT TO THE UPSIDE, BUOYS STOCKS IN CHAOTIC SESSION

If you were concerned about inflation yesterday, you should be shitting your pants today.

Check this out.

Natural Gas +8.2%
Copper +8.1%
Silver +7.7%
Zinc +7%
WTI +5%
Platinum +5%
Aluminum +3.8%
Gold +3.3%
ORANGE FUCKING JUICE +2.6%

Sir — are you interested in crashing the economy or not? We jimmied +400 on the Dow and +130 on the NADSAQ, with euros surging ahead by 2.2% and the US 10yr +5bps to 4.17%.

WHAT?!

The market had no fucking idea what it was doing today, surging and then collapsing and then surging again.

On top of that, we had a slew of stocks getting poleaxed and ripping the faces off shorts at the same time. Check this out.


39 stocks down more than 10%


52 stocks up more than 10% (data via Stocklabs)

What the fuck was that all about?

The short answer is no one knows or people are truly this stupid as to front run the RIGGED US elections. If anyone thinks the elections are real — please step forward. They’ve been rigged since the days of George Washington and rigged even more with arch comic book criminals like Hillary Clinton and Jim Cadaver Biden taking up space.

On the other hand, ’tis November — the month of meat and gravy. Markets like to rally this time of year. Very festive.

I closed +111bps for the session, trading to and fro. I am heavily hedged into Monday.

Comments »

Most Retarded Rally of All Time: REVOKED

BULLATARD were out and about this morning sopping up discounts — jimmy-rigging stocks higher in the hopes of making it. Meanwhile, shares of the inherently anti-white TWLO were down 35%. Shares of DKNG -22%. Shares of TEAM -33%. The entire SAAS space RACKED WITH LOSS, as Elon Musk embeds himself at the Twitter HQ culling half the work force.

We are all so concerned about inflation, yet with copper up by a staggering 7% and WTI +5%, we are also so complacent as to accept the notion that this was acceptable and the Fed hikes were of no consequences because today’s jobs numbers were good and the borrowing costs for new home buyers and those servicing mountains of debt could handle it.

Then all of a sudden, the +200 NASDAQ rally disjointed and collapsed. Now we sit atop a fresh layer of dead bodies, traders who barreled in sideways hoping to slip out the other side unscathed.

These tunnels are lined with razors and should be navigated by professionals only.

Having said that, I’m +95bps for the session — trading both the long and short side — looking for an end of day collapse.

Comments »

INFLATION WATCH: COMMODITIES BUST LOOSE, JOBS REPORT BETTER THAN EXPECTED

Morons bid up futures after the jobs report came in hotter than expected at +260k. Meanwhile copper is up 6%, WTI +5%, and TEAM and TWLO are down 30%.

Are you retarded?

The whole point of not buying stocks is the Fed is angry about the economy not breaking and worried about high commodity prices, because that is what’s causing the inflation that is making them hike.

Since the open we traded in an i formation straight down and I used that weakness to close out my shorts for a +62bps session.

I of course believe markets should trade lower, but we might rally a bit first. Nothing is pre determined other than the fact the Fed isn’t going to pivot and you’re not getting a break this time.

Comments »

GIVE UP: IT’S OVER

Th halcyon days of 2006 are never coming back, the era of the shopping mall and peak Pax American are a far and distant memory. We believed in 9/11 and the wars and everything America stood for: freedom and democracy. It turned out, all of it was a fraud and the people who concocted these schemes are arch criminals, who, as a matter of fact, still rule you and are now telling you we need to protect the “democracy” of Ukraine — which was elected by sniper rifle in a 2014 coup.

In 2001, at the onset of the New World Order, America’s debt burden was $5.5 trillion or 55% of GDP. At the time it was considered to be an atrocious thing and responsible people wanted it reduced by ending the deficits. Well if you thought that was bad — how does $32 trillion or 124% of GDP sound in a era where the GDP portion is about to decline?

The only reason why the US dollar isn’t toilet paper is because of petrol dollar schemes. That, amongst many other things, are in play with the war in Ukraine — which is why they are going all in.

Tomorrow we have employment data. Hope for bad news.

I closed at session higher +102bps and amazingly my quant closed +255bps — with a bias to the downside in trading.

All trades are publish in real time inside Stocklabs.

Comments »

BULLS CELEBRATE NASDAQ -100

Moronic bulls are on the loose today, celebrating the morning dead cat bounce of a ribald nature. It seems, and one would BEHOOVE oneself to suggest such a thing, but it seems it’s actually over and most people don’t know it yet.

The FUCK JOE BIDEN trade is on and with vigor, as ERX ascends into heaven and the QQQ into the pits of hell.

The tech nerds have been dispatched and with it all of the money of the Globohomo.

If concerned about Senior Tropicana, you needn’t be.

Even my non-discretionary Quant is up nearly 3% — because I am a person of a most esteemed professional nature.

Comments »

HARD COLLAPSE OF WESTERN FINANCE CURRENTLY UNDERWAY *

They said it couldn’t be done, there was too much cash on the sidelines and too much turkey in the month of November to crash lower, yet here we are bogged the fuck out to the tune of -500 NASDAQ over the last 2 days.

You might look in on your permanent bull friends for a wellness check today because we are STEAMING the fuck lower, amidst the dollar soaring and interest rates in kind.

The idea of buying the dip is foreign, since the pivotooooooors have been violently eliminated from the game of play. All that is left is pain and enduring the market as it unwinds and blossoms into true crisis.

I’m now 97% cash, +60bps for the session, a consummate professional unfooled by the daily occurrences.

Comments »