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
23,444 Blog Posts

Dancing Monkeys Atop a Blade: Markets Trade Lower Again

It’s all relative, really. CAT was higher this morning, now sharply lower. FCX was busting testicles to the upside, soon to give it all up. Everything you fought for is being taken away, as the market rides on a little fucking tricycle around the edges of a volcano which is about to erupt.

Very soon, it’s gonna be Pompeii in this bitch. Most of you will be liquidated, skeletons and all, back into the binary code of the matrix. After it’s all said and done, self driving ubers will be the only things left, solar paneled fucktard cars traveling from ghost town to ghost town in search of human anatomy.

The market you see here is hard and it has been this way for nearly 3 years. While it’s true, there have been pockets of elasticity, whereby investors were permitted to scrape together some solid trades in order to feed their families, I’m afraid we’re delving back into the reality phase of this business — when hard facts matter.

The UA earnings are indicative of a loser consumer. He’s spent, beaten about the brows with ‘affordable care acts’ and he doesn’t want any more.

Look for a very stark and grim holiday season, with blood and guts festooned across Xmas trees, throughout America. I hate to look past national festival day, which is fast approaching. But the fuckery is reaching a high pitch and I’m bearing witness to an unraveling in certain sectors that demands attention.

More on this later.

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12 comments

  1. it is showtime

    CAT die
    Copper company FUX die
    Crapple die

    Who else
    Who i miss

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  2. liske

    Fly what are your thoughts on GOLD here?

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    • Dr. Fly

      Love gold

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      • roundwego

        do you really love gold? being forced to love something is not really love. thats why marriages dont last in our society. when china is in stick vs carrot mode. gold does not do well.

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  3. uglyflint

    On November 9, when 500 cities in Amerika are burning in flames, the Dow may rise by triple digits.

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  4. Marc David

    FEDS raise rates by 25 BPS DEC!

    * Fly – what is your thoughts on CA weed legalization?

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  5. the_swatter

    just pile into pe 200 and 300 stawkz… all in.. . the rest is just noise..

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  6. txdohawk

    The mood in the overbuilt retail conglomerate I fix PCs for is already sour. I expect full-on panic by December, followed by possibly a pink slip…they’ve already cut our staff to the bone, but when the bean counter says “10% of your team has to go, jump” you only get to ask “how high?” before they throw you to the sharks.

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  7. joyous__ending

    Day 33: Dow Jones Industrial Average held hostage above 18,000

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  8. bizerkus

    All this doom and gloom makes me think Trump will win.

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