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
19,850 Blog Posts

WE CANNOT STOP THE BUYING

I must take credit for this rally, as I called it yesterday. In my mind, I was the only one to own stocks heading into today’s rally; and because of that, I believe that you ought to pay me some sort of tribute — give me some sort of accolade and/or credit. I’m a very sensitive man and need to be told nice things all the time, otherwise I grow bitter and stale and I started throwing hard rocks at people.

Markets are drifting higher, after some morning shenanigans. I see most of my stocks are up and gold is weakening. This all makes sense, being that I sold ALL of my gold yesterday. Well, technically, my Quant is still heavily invested in gold — but I do not have any trading positions in the shiny metal any more. And for this, you owe me some sort of tribute, perhaps a collage of photographs showing me catching the big fish, or diving off a cliff — being a good Dad with the kids — a nice stockbroker with his clients.

It’s Friday and my car is still in the shoppe. I am presently driving a piece of shit that smells like a crayon box and my house has 900 unopened boxes in it and junk is strewn across the floors, festooned across the bannisters — a real mess here. My life is the sum total of my stock market wins minus everything else.

Oh yeah, we can’t stop the buying. Get in there you silly fucking bastards.

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20 comments

  1. natehois

    Did you ever know that fly’s my heeeeeeeeeroooooooooo
    He’s everything I wish I could beeeeeeeeeee

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    • bob smith

      You wish you could cash an occasional win at a slot machine? You need to aspire to something a bit higher, like a real job at McDonalds.

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  2. teslawasright

    The Fly is a druid and controls Sector 9 of the planet. A true hero.

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  3. metalleg

    You wanted a collage, we’ll here you go. You da man!

    The Fly is the greatest fisherman: https://i.ytimg.com/vi/osD4oPUSpEA/maxresdefault.jpg

    The Fly is a cliff diver: https://aspire-cs.com/wp-content/uploads/2017/07/person-diving-off-cliff.jpg

    The Fly is “Dad of the Year”: http://www.evangelicalsforsocialaction.org/wp-content/uploads/2015/06/hispanic-father_181239371.jpg

    They don’t call him Flybroker for nothing: https://www.accountingweb.com/sites/default/files/styles/banner/public/clientrelationship.jpg?itok=Ezq5QmyK

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  4. spaceman

    Dr Fly you are WONDERFUL just a slovenly I mean LOVELY person and I don’t want you to feel sorry for me just because I took out a $10000 loan and bought silver eagles for $21.50 each on Wednesday morning and have slept 4 hours since. No don’t let me rent space in your head.

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  5. wolfdaddy

    Simplify. Hire some help and trade in your suv. How much profit do you have this month you cheap fuck

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    • snoozemr

      LOL. SUV is in the shop. I’m sure Fly is busy setting up his day-trading man cave in the new abode. Nothing like the wife come into the bedroom from shopping after several grueling hours of trading to nag at you for playing on the computer all day. There should be a day-trading coffee shop with all the necessities and environmental accommodations in every major city. Not enough of us for that I suppose.

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  6. numbersgame

    This is a rally?

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    • ferd

      Hush little boy, Fly looks magnificent in his handsome habiliment.

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    • alty

      Where’s the ROKU stop loss set at?

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      • numbersgame

        Where’s yours?

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      • numbersgame

        I’m assumming that you went long at 12:47pm, when ROKU was at $170.14, since I diodn’t see your “Buy” post

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        • alty

          I don’t dabble in individual stocks much. My last two buys were NIO and WKHS. Recs from friends that have been total losers since purchase. They total about 0.15% of my portfolio. In my adult accounts I’m currently buying SCHZ with cash flows as this stock rally has caused me to be under allocated to fixed income

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          • numbersgame

            Well, technically I don’t have a stop loss, but I do have puts with a strike of $200 so that is the same thing.

            I expected ROKU to close the gap near $158, and I had planned on closing out at $160 yesterday. Damned close, but unfortuantely, it bottomed right at $160 and change so I rolled my Puts to a higher Strike and later expiration. Will have to wait a bit.

            There is a reason that only 1 analyst shas raised their ROKU target above $150.

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  7. ferd

    Note that the half-way-backers bought /si precisely where they should have this morning.

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  8. gsofield

    Stable fucking genius

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  9. og

    Haven’t seen a run like Roku in awhile. Made some money short yesterday, but resuming ATHs today.

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    • numbersgame

      Yeah, I was trying to think back when I saw something like this on a 9-month or 1-month basis. Maybe some of the pot stocks?

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  10. og

    Bloodbath in SAAS.

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