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
18,705 Blog Posts

OIL CRUSHED UNDER A MAELSTROM OF FUCKERIES

Why is oil below $50 today, down by more than 3%? Some argue that Trump tricked the House of Saud into fucking themselves. Others believe it’s forecasting a very weak Chinese economy. Whatever the reason for it, let me remind you that there are HUNDREDS OF BILLIONS in oil debt — fuckers who borrowed money to dig holes in the ground — hoping their team of geologists have the faintest idea of what they’re doing.

Truthfully, and this goes without saying, the market cannot go higher with oil so weak. We’ve become accustomed to seeing oil go up when growth is strong. This can only mean weaker than expected China. Maybe a US-China trade deal can reverse this tide; but I warn you against such pollyanna thinking. It may be too late. We might’ve already fucked ourselves, so severely, so monstrously, that stocks have no choice but to trend lower.

I will tell you this, very quietly: next week is the most important week of the year for stocks.

The brand of Trump is on the line. Do you hear me fuckers? He must close a deal, else all is lost and we’ll be vaporized into sub-atomic particles.

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9 comments

  1. WrongView

    The sun came up in the East this morning…thanks, President T!

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  2. cancel19

    Almost every time I play oil I get screwed. Seldom do I break even.

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  3. juice

    I will add — “The brand of Trump is on the line. Do you hear me fuckers? He must close a deal, else all is lost and we’ll be vaporized into sub-atomic particles.” — to the below video.

    https://www.youtube.com/watch?v=qjUvfZj-Fm0

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  4. ferd

    European banks back in the loo.

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  5. bronze28

    QUESTION for FLY;

    do markets bottom on Friday?? and does that mean we can buy SPXS? and if it does bottom today, what does it say about near term future??

    LOTS OF GAMBLERS OUT THERE?

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  6. bronze28

    FLY.. how do you account for the TRANSPORTS; XTN; looking to break out?? a very positive signal

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  7. txchick57

    Things are coming together. Mueller is about to strike so a “trade deal” will have to be made to distract attention.

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    • 0 Deem this to be "Fake News"

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