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
23,471 Blog Posts

Stocks Saved by $AAPL, Limp into the Bell Amidst a Ruinous Rout in Crude

As seen in this video, the CEO of Apple is an excellent dancer and should be commended for his bravery to unleash this cringe-worthy display of gayness upon the world.

Cool.

All in all, it was a volatile session, with stocks ranging 150 points–ultimately closing down a bit–mostly saved by Apple’s surge. On the downside, however, crude was fucking crushed into 1 billion pieces, off by almost 3%.

All of you know that I hate rigged markets and would like nothing more than to preside over the complete destruction and annihilation of stocks, taking with it all of the morons spinning themselves into knots–trying to figure out this yarn. But, I do believe a trap is being laid bare, ahead of the Fed meeting. They will not hike and all of this worry about a hike is nonsensical rubbish. Upon learning the Fed will not hike, I expect the market to rejoice and subsequently decapitate all of the head of those short.

I am positioned correctly: long TLT, short FCX, long gold and miners, cash.

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11 comments

  1. it is showtime

    All My Inverses Are Green
    Due to resetting
    Against the obvious assault
    Daily on shorts

    Most went green on friday, game on

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  2. goose20

    Go Fly!!

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  3. bwana

    What the shit is that video all about!!? I’m selling all my shares of $AAPL first thing in the morning and putting my iPhone in a blender.

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    • joyous__ending

      I worked in big time corporations for many years, I despised these corporate PR party events. All to make the CEO look like a hipster gen X, millennial. The CEO only embarrasses him/herself .

      Now I work in a hospital and thankfully never see this hype anymore.

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  4. roundwego

    tim cook’s dance is so nerdy, he cant be gay. he needs to hang out at the “end up” in SF, so the boys can teach him some moves. wonder how quickly people will lose their un-tethered tiny ear buds. wireless earbud is truely gay.

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    • dirkd

      So gay they are designed to lock in place when jaw is open due to insertion of penis. Never miss a beat.

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  5. roundwego

    lets get the oil carnage party going and breakdown below 40.

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  6. will

    Dear Fly
    do you still own gold .. Did you scaled down. Any ideas next week for gold

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  7. hedge500

    They can’t raise, unless the Fed is actually a malicious institution.. They caused the fun in 08′ by jacking up rates 16 times, decapatating adjustable borrowers. Initiating the downward spiral.

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  8. levrage

    Not shorting CMG? Or buying HLF? Live a little!

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