iBankCoin

Markets Set to Surge on Open

It’s a cocaine party! Everyone, please, bring your own straws.

Credit Agricole downgraded FCX to a sell this morning. No one cares.

SPY

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WTI

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Nazis

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Any questions? Behold the decadence of gratuitous stock market advances.

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12 comments

  1. the dude

    This one’s not gratuitous. If the longs can gun the S&P to 2100 there will be forced buying from retarded risk neutral funds and the like and might catch the fancy of retail punters. That being said, the market is an overpriced POS so don’t fall in love with it.

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  2. tradercaddy

    Nazis.
    Har Har!
    With the VIX getting lower than an 0bama bow to a Saudi king, I would be careful.

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  3. bushwacker2

    I think Mr Market is personally fucking with your mojo, Fly. Still short XLE? Good news is good news and bad news is good news. What could possibly go wrong now?

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    • Dr. Fly

      The market isn’t fucking with anything. Yes, still short XLE. I’ve lost money on trades before. I am not an infant.

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      • bushwacker2

        A lot of shorts seem to be throwing in the towel on XLE lately. I think your patience and endurance will eventually pay off for you. Traders are just chasing momentum regardless of fundamentals and that always comes back to bite them.

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  4. vampyr

    I can’t do espresso let alone cocaine.

    I’d ask if I could pop a Z but I’m that would be running away from my problem “solvation”. (Get that? Cute isn’t it.) Or taking a mini vacation right after I completed just a few tasks. I could take myself out for a rum & coke and a bite. v**v

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  5. btn

    “Markets Set to Surge on Open”…so is Kuwaiti oil production:
    http://www.bloomberg.com/news/articles/2016-04-19/kuwait-oil-workers-strike-over-pay-dispute-enters-third-day

    2.8M (March) -> 1.1M (Sunday) -> 1.5M (today)

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  6. blahblahblah

    no blow bro. watching the sunrise while grinding your teeth is so 20th century. happy check your accounts for the IRS debit day.

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  7. btn

    IBM reports worst revenue in 14 years

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  8. widespreadpanik

    I think this market has left innocent little lines of white powder FAR BEHIND. This is the Gator market. Shoot up with a fine mixture of gasoline and crushed pills. It takes your jaw bone off after getting hooked for a few months. (Truth from the drug special inside Russia)

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