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
20,559 Blog Posts

Change Your Sentiment; Markets Want Higher

Yesterday we were mired in the worst economy since the Great Depression. Today everything is ideal. Stocks are higher by 700 and nothing can stop it. However, breadth is fat and weak and I have tried and failed to produce intra day trades of any varying success, mired in a 0.9% decline. Luckily for me, the Quant is +3.5% and has made today profitable, albeit at the expense of 10% losses since the month began.

We are, undoubtedly, in an odd market, where breadth is narrow, but momentum is infectious and pervasive. Retail participation is at decades high and TikTok investors are leading us towards a grim ending. Before that happens, however, I expect even more depravity and wanton chicanery.

I have 40% cash and I am interested in going all in before the end of the day. Why the fuck not? Who is going to stop me?

On an unrelated note, my local tailor turned my $150 pants into fucking high waters and I am going to kill her now.

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6 comments

  1. ericbakerbruce

    A female “tailor” is a seamstress you fool. You have to go to a dude (no homo). Preferably an Italian.

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  2. purdy

    Short /zb

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  3. bob smith

    Well since you probably look like Urkel, you should fit right in now that you live in hillbilly land.

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