iBankCoin

The Great Bull Market of 2016 is on Pause

The gains in the beloved tech sector are often talked about at cocked tail parties and other venues of extreme decorum. Men clad in bowed ties and shiny shoes brag to their catamites about gains in Microsoft and Apple.

But a look under the hood of the tech heavy Nasdaq tells a different story.

Year to date, the Nasdaq is higher by just 4%. When compared to bonds, utes, gold and REITs, the returns in the Nasdaq are a laughable fuckery.

We had a chance to perform a miracle today by reversing the losses — but we failed.

Nonetheless, at the first sign of an Exodus oversold signal, I’ll be getting long for an oversold bounce.

Good day.

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8 comments

  1. arnoldsimage

    Mr. Fly… what’s your take on this guy, please. https://youtu.be/uU0OOiyKJLg

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  2. joyous__ending

    I was never big on the rigged index, the Fed buying futures talk.
    But I am now convinced there is someone keeping the DOW above 18,000 to November 9th to help Hillary.
    I would not be surprised to see November 9th to 20th be a -1000 point move, with a Turkey God visit the 21st to 25th

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    • it is showtime

      Clapclap

      Someone is, and has been, controlling the indexes. No of course it’s not the fed directly. There clearly is a program, has to be sanctioned because it’s too encompassing in national scope and effect not to be, (that means govt sanctioned and approved by the logic), and is directly manipulating the Dow30, and, ‘friends’

      As has been said – A kindergartner could see it

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      • it is showtime

        Fairly offensive you’re only …Now… perceiving it. Lol. Come on. Really…?

        going on solid 4 years of patterned control

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        • joyous__ending

          There have always been forces to prevent a meltdown.
          But I have never seen such a weird range at such an odd time. It was as on September 9th selloff someone said “oh duck, this thing can drop in a hurry and it can cost Hillary”
          Keep in mind Sep 9th was Pre-Trump debate or possy tape.

          I just make no sense how the DOW is hovering in a horizontal line over 18,000 with these +100, -200 swings.
          This sucker will break downward in a hurry sometime soon, maybe by only 5%, but this 18,000 floor is not gonna last

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    • it is showtime

      Keep in mind I noted 2+ months ago that the programming shifted up a level in negating Drops. I tied it to Post-brexit. I called the patterns/pushes: hyperaggressive, seemingly around the brexit line. and of course…concurrently… 16 election on horizon.

      So you’re noticing the result of what I observed and labeled a couple months ago. But having you see it so blatantly, kind of reinforces, the theory, supposition

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  3. ironbird

    Rainman is walking in between a Grizzly and its cub. Dumbass should know better but he is a retard.

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