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
23,433 Blog Posts

POOF! All My Monthly Profits Are Gone

I went on a family vacation invested in large capped stocks and got my face flogged for it. For the day, I was trounced by 2.8%, completing the inevitable: all of my gains for the month are now gone. Poof. I had been up 12%, but now I am one of you — fucked — off by 1.4%. Luckily I sold some SHIT this morning, upping my cash to 65%; otherwise the damage would’ve been more severe.

We are in fact oversold, the most since April 2020 — according to Exodus. We are not, however, even close to the technical levels seen during March — when the world was burning.

Consider this.

Election time.
Massive breakout in COVID infections.
Limited supply of hospital beds

Fucked.

We are completely and entirely fucked, as a people. Whether the Fed and other central banks keep at it is another story. I am fairly certain Joe Biden is getting elected, especially since Rudy and his faggot Chinese friends have done nothing but make Hunter Biden look like a stud — releasing one 9.5 inch dick pic after the next — featuring Hunter and 10s in his hotel rooms. Why in the hell is Hunter recording everything on his fucking “laptop from hell?” I don’t get it.

A Sleepy Joe administration means BACK TO STATUS QUO. You cannot get more establishment than Joe — which means more war. We can discuss that later. But for now, in spite of what futures are saying now, EXTREME RISK persists to the downside

If you enjoy the content at iBankCoin, please follow us on Twitter

16 comments

  1. heckler

    Screw you Fly and your four years of being a mentality retarded faggot. Everything on the lows is gonna get stroked off hard and you know it. Trump was an absolute DISGRACE in every way so dumb. You are culpable for your larger sins of malfeasance and influence.

    It doesn’t really matter who wins, does it? The cat is out of the bag the FED said they have unlimited ammo. FED said they would intervene in a contested election. J Pow graces the cover of magazine’s a hero extraordinaire much more dignified than Fly in every way. It is rigged until it’s not rigged

    • 1
    • 2
    • 0 Deem this to be "Fake News"
    • rigged game

      You sure are a prick, heckler. Fly is a DICK for fucking around
      day-trading and bragging, but he is not a prick!

      • 4
      • 1
      • 0 Deem this to be "Fake News"
  2. teslawasright

    No way Biden wins. Fly you are clearly not thinking clearly

    • 5
    • 1
    • 0 Deem this to be "Fake News"
    • metalleg

      I agree. Biden cannot be president. He’s as corrupt as Hunter’s dick is long. Can’t have a president that is in bed with China. That said, either Trump has it in the bag and he knows it or, if there’s any doubt, Biden will either be arrested or drop out before next Tuesday. In any event, no chance Biden wins.

      https://vm.tiktok.com/ZMJmVCfUf/

      • 3
      • 0
      • 0 Deem this to be "Fake News"
      • it is showtime

        Do you not think, some of the market pumping was, in case
        Hunter-like content got leaked? deterrent? contingency?
        If it’s as big as intl upper tier govt ritual crony blackmail,
        which it is, which we believed it was,
        That they’re just gonna give up? Or subject to handcuffing?
        Without massive diversionary chaos?

        That it was clear, some time ago, Joe was a placeholder only,
        Not having commensurate cognitive condition to authentically
        classify presidential run-worthy?

        • 0
        • 0
        • 0 Deem this to be "Fake News"
    • snoozer

      i think biden wins and republicans hold the senate. market will be fine with that. will be close though.

      • 1
      • 1
      • 0 Deem this to be "Fake News"
  3. irma vep

    200 million guns a loaded Satan cries take aim….. – CCR

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. indexjoe

    See pal! This is who I am!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. The_Swede

    I’ve taken up golf. It is now my only sanctuary from the madness of this world. If Biden wins, I don’t think I’ll ever leave the golf course. I’ll just keep playing, round after round, 24/7. What would be the sense of working hard only to pay the government half?

    • 3
    • 1
    • 0 Deem this to be "Fake News"
    • tradercaddy

      Its strange.
      The Pandemic has helped golf a good bunch.
      I read in several places that rounds played are up quite a bit after going into a decline over the last 10 years or so.
      Plenty of Swedish golfers hang out here in the Orlando area, especially in the winter.
      I could never figure out why there are so many professional golfers coming out of Sweden. I think maybe there is a National program for juniors.
      I did meet Robert Karlsson several times here while he was practicing.

      • 1
      • 0
      • 0 Deem this to be "Fake News"
  6. i_am_nemo

    Increased corporate taxes will hurt everyone; especially what is left of the middle class and below. Corporations will pass the tax increases on to already struggling consumers.
    It does not bode well for the stock market if Trump loses.

    • 4
    • 2
    • 0 Deem this to be "Fake News"
    • irma vep

      You must be one of those crazy Voodoo economists. The middle class gets their throats slit in the sacrificial dance.

      • 1
      • 2
      • 0 Deem this to be "Fake News"
    • snoozer

      some people seem to forget that the market went up 300% over under obama.

      • 2
      • 1
      • 0 Deem this to be "Fake News"
  7. emersonlakepalmer
    emersonlakepalmer

    Fly – you’re a stud

    • 0
    • 0
    • 0 Deem this to be "Fake News"