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
20,793 Blog Posts

Spectacular Trading Spills into 2021

Reminder: markets haven’t been this good to the upside since the dot com era. The idea we could constantly bag 10-100% intra day gains in a sundry of stocks would be a foreign concept prior to late 2018. We have gone parabolic to the upside and I do believe much of it is being fueled by zero commissions, which has permitted retail to regain its power in markets. Prior to this grande time, markets were dominated by HFTs and money managers who chased performance. Ideas took time and day trading wasn’t appealing on most occasions, particularly during the low volatile era of 40 Dow points per day that plagued these halls with smug blogs for many many years.

I celebrate this reinvigoration into high stakes, high end, gambling and welcome all to partake.

Please for the sake of your pigeon brained sized minds, place politics aside and forget it ever happened. Look at all of the fucking fun to be had here. I closed out the week +9%.

No booze for me this weekend, as I am back dry till St Paddy’s day. Excessive quantities of coffee, I find, suit me better.

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20 comments

  1. it is showtime

    Hi inner wall st CB circle

    3827.

    I just named a number
    you cant get the S&P
    to hit. Can’t even touch.
    have a good day

    I was one of the first, to call Russia-election-interference propaganda
    mid December 2016
    after an Obama speech I said psyop
    (4 weeks earlier, hearing Russia in
    hourly headlines, I knew, intel agency
    Mockingbird-Like level, was waiting
    for general further corroboration)
    by March, more indep. media were broadly labelling boogeyman psyop
    on James Comey’s dismissal in May, more adoption it was forced narrative

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  2. roguewave

    Congrats to all those who are tearing it up in the markets! This is pedal to the metal time.

    PS 1 small political note: With “leadership” like this, do you think things will end well?

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  3. purdy

    TWTR censored press sec …nothing said. Tonight TWTR permanently bans elected orange president. Also tonight, Apple censors making their move. They’re making their move dear sleeping idiots!

    “Want freedom??? ….shut the fuck up!”

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  4. indexjoe

    I will miss the Trump Dow tweets. Perfect tops.

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  5. purdy

    Long VXX in after hours.

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    • it is showtime

      next trigger scripted or unscripted likely
      (and gee whiz another hyper anomalous near vertical minileg)

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      • purdy

        VXX flat and futures higher. They got the press and printing press …buying VXX is a longshot.

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  6. indexjoe

    Dear Mr. Fly, please commit to banning President Donald Trump from all IBC platforms.

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  7. purdy

    Signal has end to end encryption. Hard to mediate. Everyone now free to go to their corner and jerk off with the like-minded. So how does censorship heal us? …it doesn’t.

    Are they stupid? Or do they want division and disruption?

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  8. emersonlakepalmer
    emersonlakepalmer

    Inflation is here. 2×4 and sheet of plywood at Home Depot are up double from about two months ago. My Cheerios box is down a few ounces but is same price. The deflationary vortex has collapsed. Velocity of money increasing. All that PPP money is going to work.

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    • moosh

      Where is the question? This is nothing… The onion gets peeled and everyone starts crying and wondering why, when they tried to believe it was just an orange

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    • tjnyt

      Money is the ELECTRICITY that makes the merry-go-round. We will cur the power if the stuff started to off the cliff.

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  9. roguewave

    It appears the Postal Service is banning deliveries. Welcome to China.

    Mailed a book to a podcaster
    most recent update:

    December 27, 2020
    In Transit, Arriving Late
    Your package will arrive later than expected, but is still on its way. It is currently in transit to the next facility.

    December 23, 2020, 6:33 pm
    Departed Post Office

    December 23, 2020, 10:44 am
    USPS in possession of item

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  10. barbee

    LOL Dr Fly said: “We have gone parabolic to the upside and I do believe much of it is being fueled by zero commissions” pair that w/ generous cash dole outs and we have a massive ponzi scheme.
    Was this intentional? I don’t care. I’ll happily ride it ? as long as it lasts.
    BTW we just got another cash boost to the scheme, and another massive future boost promised.
    My income doubled last year…and I started late! Now I’m up 634bps 1st week of 2021.
    I’ll keep dancing as long as the music plays……

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