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
23,431 Blog Posts

Chinese Burritos + Semis Lead Markets For First Day of 2020

Semis have been strong for years, but Chinese burritos have sucked forever. Every so often, investors brave the easterly winds and allocate into indecorous Chinese names and make small oriental fortunes. Such an occasion on such a day is today.


Chinese Burritos


Semis

Such a wild eyed day to being the year. Even I am surprised. I still have two 3x inverse ETFs on my books, one up sharply, the other lower. I will hold both for at least another day. If anything drops 10% from basis, I sell no matter what. Often times I sell much quicker. The point is, there is a line in the sand worth obeying. Remember, you only need to blow up once to ruin your entire fucking life.

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4 comments

  1. alty

    What a start to the new decade for us dumb indexers. Although my REITs got rolled today.

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    • it is showtime

      It’s a parallel of Sept 2017 – Jan 2018

      today itself, extremely detectably contrived
      Dec 17 and Jan 18 was “what a start”, too
      synthetic, thou you’re “not supposed” to think that
      id say scripted in that case, probably in this case

      the logic has a HIGHER PROBABILITY of a blowoff, than not
      even-though-not-a-single-person-is-mentioning-b-l-o-w-o-f-f

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    • it is showtime

      in fact.

      January 2 2018
      +105 dow
      January 3 2018
      +104 dow
      January 4 2018
      +98 dow

      January 5th “capping off the strongest opening week to a year in over a decade”
      sound fucking familiar?

      they also say “Each of the large-cap indexes set all-time highs”
      “we expect profit taking but the bulls remain in firm control of the market”
      Of course there wasn’t profit taking because it’s commandeered with an agenda.
      Everyone said there would be because that’s what fucking happens in a non
      commandeered stock market. Replace the word -bulls- with -cb programming cabal-.

      Anyone Who Is “Wild Eyed Day Even I Am Surprised” Is A Moron Level Less
      Sophisticated Understanding To What’s Driving Markets And, How, And, Why

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  2. it is showtime

    Holiday
    birthday
    and bonus money

    FILLED MY REPLENISHMENTS

    dumbass deepstate. Permashorter secured to 3300 spy and beyond fed-fuckwads

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