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
23,443 Blog Posts

THIS IS A SELL

Trump is a God damned psyop.

Traders are just waiting around, literally waiting for Trump to offer them to suck on his dick. You have to take control now.

You are not promised a trade deal. Bear that in mind. Your time frame might not correlate with Trump’s. Another idea: Trump isn’t the only one at the table. Maybe China wants to drag this out to save face. Trump has been humiliating them on a daily basis.

All I know is this. Junk bonds are swimming lower again, as are leveraged loans.

I sold out of my DICK-CAR (DCAR) for a 22% loss and BEST for -12.4%, both Chinese shit. I am 50% cash, 5%, SOXS, 5% DRIP and I bought NUGT today.

On the bright side, SAAS stocks are flat and many of them are sharply higher, such as my TEAM. But don’t let that confuse you. The indices are sharply lower and you should adhere to stops and quit thinking Trump is going to allow you to suck on his dick before Friday.

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4 comments

  1. og

    Pretty sure Trump is only humiliating himself, not China.

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  2. 2 wheels

    Kudos on your $Team call! Nice move

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