iBankCoin

Commodity Related Stocks are Being Poleaxed

I warned you against chasing those rogue, vaudeville, onion patch stocks. Now look at you, losing vast sums of money, which will, inevitably and invariably, lead to the dissolution of your marriage, whereby your belongings and children will be taken from you–leaving you desolate and broken amongst the hard rocks and dirt.

All of this could’ve been avoided, had you comported yourself with a modicum of decency by avoiding buying into tommy rot stocks into feverish mark ups.

Stocks are trading off today, deservedly so. I took the time to compile a galere for you, a testament of truth in this small, yet meaningful, rivulet of financial bloggery.

The ark floats.

 

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I call this pastiche: ‘DEATH TO COMMODITY STOCKS’

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Draghi will disappoint Thursday. Prep yourselves.

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11 comments

  1. natehois

    FIN
    (Fly is Noah)

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  2. frog

    People should be careful with fading Goldman. In the long run, it has made people good money to fade GS recommendations– at least so far. But you shouldn’t bet the farm on any one trade that fades them. Every once in a while they predict something correctly, just to confuse people. For example, they predicted the big downturn in gold in recent years correctly.

    They are very psychologically aware. So if most traders start fading GS, they will switch to recommending profitable trades. That may be what happened with gold years ago. The gold bugs were already very suspicious of GS and ready to fade them on a moment’s notice. Perhaps many gold bugs had already faded GS profitably in the past. So when GS said “Short gold”, the gold bugs bought more. Now some of them are probably homeless.

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  3. tradingnymph

    Oh I so hope Draghi is not super. Us Bears are SO SCARED of Central Bankers as you know.

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  4. edgar

    so disappointed. i thought the move in chk was driven by a fundamental improvement in their business outlook.

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  5. pb

    Yen back to 112 area. There is a reason for it.

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    • tradingnymph

      Well yes of course, haven’t you noticed my comments yesterday. Kuroda is basically backing off on an big move at March Meeting, JPM agrees with that. Don’t worry, once it falls in the 111 range, Kuroda Aids will be spreading gossip about action and emergency meetings. But IMHO it’s Draghi, all Draghi now.

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  6. pb

    The feds “forced march” into assets is a grave error. Plenty of institutions need a fixed income return to operate effectively. When they get fucked, so does everybody else.

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  7. blahblahblah

    less drama more fear plz

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