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
19,613 Blog Posts

WTI IS BROKEN — WTF ARE YOU DOING?

We have a broken arrow situation in the oil pits, with oil men throwing themselves down dry holes to extricate themselves from misery. Simultaneously, people in tech-land are high on DMT and baby blood buying semis.

HELLO!

Crude

Semis

Stop fighting the inevitable. Stocks cannot go up while crude is getting hammered. WTI touches down on a 4 handle tomorrow, and you’ll learn the hard way.

NOTE: New iBC policy dictates NO FREE STOCK PICKS FOR GRIFTERS on the main site anymore, or thru summer. Also, NO MORE FREE TRIALS FOR Exodus. The time for half measures and free shit has ended. Time to pay the toll, whether you like ir or not. Or, you can wallow there by yourselves and shrivel up and die, account bottoming out at zero without the grande recursive help of Captain Le Fly.

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10 comments

  1. snoozemr

    SDOW does seem like a decent gamble at this point

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  2. ferd

    Yeah oil hammered, yet HYG and JNK flat to up. These anomalies are a signal and, like last time, argue for certain postitions. But, in fairness, I can’t divulge any additional info.

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    • snoozemr

      I am also confused by this new IBC policy. I’m holding off on offering suggestions on any tickers pending clarification. I wonder what our President had for lunch overseas today. Anyone know?

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      • snoozemr

        I’m thinking maybe a Royale with cheese and French Fries

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        • ericbakerbruce
          ericbakerbruce

          I heard he had pussy. Just grabbed it and started munching away.

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      • irma vep

        Revolting thought. Sitting with Trump and eating.

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        • irma vep

          You think that might make a good 2020 catch-phrase? Put it on a bumper sticker?

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  3. jacked rabbit

    I just drove by the car lot and some piker salesman was screaming at drivers going by about no more test drives. Talkin greasy about customers too…wonder what got into him?

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