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
20,688 Blog Posts

Futures Are Lower, So Expect Stocks to Trade Up

I have a busy morning and probably at a bad time — having a bunch of absolute shit on my sheets with Dow futs -325. The Nasdaq is merely down 48, but I feel like I could get fucked if I’m not careful here. The market is up so much as of late and all of the fucking MORONS are at the trading turrets, blessing the tape with their inane stupidity.

Nevertheless, the overarching trend has been for SHARPLY HIGHER prices — all dips bought twice over — head stomping all short sellers until their bodies turn into dust.

Let me be clear: WE ARE ABSURDLY overvalued — but will it matter?

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8 comments

  1. flea

    “Let me be clear: WE ARE ABSURDLY overvalued — but will it matter?”

    Indeud.

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  2. trumpmeister

    A fantastic opportunity to buy the dip for cheap.

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    • metalleg

      You use the terms “dip” and “cheaply” quite loosely.

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  3. trumpmeister

    Donny Boy will call Powell after today red tape to push the tape even higher tomorrow.

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