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
20,629 Blog Posts

Starting Off the Day in a Grave

I got bogged out in a sundry of stocks this morning, all thanks and praise to the stock Gods for that. I stand before you a somewhat injured lion — resting peacefully in the sun, blending in with the tall straw grass — haphazardly hunting for a stupid zebra to cross my path.

I sold everything but 3 stocks to lock in a 1.65% loss and will now attempt to dig myself the fuck out via smart trades. So far, my fucking trades have proved out to be insipid; but I’m hopeful in my god given abilities to shine through by the end of day — enabling me to jump onto a zebra and bite his fucking face off.

NASDAQ is +55 and everything about this tape is disgusting. I truly hope all of you are punished for the wanton acts of greed you display — sucking Federal Reserve dick. I, on the other hand, merely placehold myself into this foray and will, at some point, extricate myself in order to bet against a forlorn America. I want to be levered 1,000x SHORT the broader indices when this piece of shit falls apart — heaving over from the weight of its own excess and burning into the sewers. I know, I have anger issues.

One thing of note today, BLM related stocks are power washing higher — CARV, BYFC, UONE — even the “Amazon of Africa” JMIA is pressing higher. I am long the latter, not because I am in any way bullish on Africa, but because I’d like to support German owned businesses in Africa because of their efficiencies in getting things done.

I’ve also begun to short the NASDAQ — because fuck the NASDAQ.

Cheers.

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9 comments

  1. rigged game

    Now this is more like it. Trading concepts that readers can use.

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  2. purdy

    Don’t know what zerohedge was watching last night …Harris greatly exceeded my low expectations for her. She was a reasonably skilled repeater of deep state talking points and was no more annoying in her delivery than was Pence.

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    • edge

      The big difference was that Pence did nothing to expand Trump’s appeal.
      I’m calling it. Republicans lose big this time.

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      • bob smith

        Another big difference was that the fly perched Pence’s head sucking his brains out, flew off… still hungry.

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    • bankindamonkey

      I disagree, Harris has an easy tell when she is lying or trying to remember her lines. Her head nod and her combative “I was just going to, if you let me” snarky jabs at Pence are way more irritating

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  3. indie

    real men short OGIG. not faag. no homo.

    or watch social dilemma.

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  4. charliehorse

    I don’t understand why you are so convinced that the NASDAQ is a bubble waiting to pop. From the early 90’s until the bursting of the internet bubble, the NASDAQ jumped over 1,300% (on price) without the revenues to back it up. THAT’S a bubble.

    Fast forward to today, the NASDAQ has jumped around 770% (again on price), since March 2009. Only this time it contains the most profitable companies in the world that are going to adapt best as our economy goes increasingly digital. I don’t see an inevitable demise here.

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    • alty

      FANG stocks are the new bonds. I would have thought Fly could see this coming but he seems to be more stubborn in his old age.

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    • soupbone

      A new Sunoil or Exon maybe, but I can live without it. Oil I need.

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