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
23,500 Blog Posts

Are you Enjoying Yourself?

European markets traded up 2.2% and our NASDAQ is off more than 40. All of the leaders are getting killed and quite frankly anything that I write now is utterly meaningless. Sure, trade the edges and be sure to limit losses. However, these moves are entirely unpredictable. Just this morning it appeared oil was reversing to the upside, until it wasn’t.

All of this pain and the NASDAQ is barely down for the month.

Just like 2014, gold stocks are paving the way to prosperity, early going. As you know, later on in the year gold stocks reversed and died.

Hey cheer up, the Dow is down 10 of 12 days and the SPY is still above 2,000. We’re off to a dashing start to 2015!

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20 comments

  1. alf44

    .

    $HABT is clinging above that $30 level …

    … so that’s a good thing !

    .

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    • Dr. Fly

      Not so concerned with that one, as I intend to buy it once per month for another 9 months. It’s everything else .

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  2. Trent J

    Maybe we should start spec trading Bitcoin….

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  3. berniecornfeld

    Any New Years Resolutions?

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  4. Dr. Fly

    This is blog #9,999

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  5. zuul

    There have been 2 ES up days in the past 12.

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  6. xxxhuggiebearxxx

    WE ARE ALL DEAD

    It is that simple.

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  7. metalleg

    European markets will shit the bed tomorrow. If there’s an inverse ETF on European markets sold on the US exchanges, it’s seems like a good buy two minutes before the close.

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  8. Trent J

    Close on the lows, bros.

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  9. the profit

    That’s what you get for taking on the Saudi’s in oil. You can’t win… unpossible.

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  10. gappingandyapping
    gappingandyapping

    OIL CRASHING
    NAT GAS CRASHING
    HOMIES CRASHING
    FINANCIALS DONKEY PUNCHED
    BONDS THROUGH THE ROOF
    DEFLATION EVERYWHERE

    What could possibly go wrong?

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