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
23,428 Blog Posts

OIL COULD BE NEXT TO RUN

With all of the wealth creation taking place, coupled with the vaccines and the prospect of normalcy, taking a shot with some low priced oils could be the next play. There is so much excess and hubris now, I cannot help but to feel doom is casting its odious shadow just around the corner.

But truthfully, even if the market collapsed 20% in a single day, I’d still come out way ahead.

I’m +96% YTD and was up 500%+ last year. Normally when someone says something like that eyes should roll — but given the absolute fuckery in this tape, I know you can see how it’s possible. I have never made more money than I am making now and I don’t want it to end.

My advice is to continue putting money into areas of the market that are working. I can help all of you morons if you like — but you’ll need to be inside The Pelican Room every day via Exodus.

God speed.

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6 comments

  1. it is showtime

    Hi inner wall st CB circle

    3929.

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

    Hey remember Isis?
    They may make a comeback under this temporary regime.

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  2. soupbone

    Rock on but normalcy shouldn’t be priced in as much as it is. Not even remotely.

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  3. soupbone

    Its all derived from liquidity. Some say too much already and others say bring it on. I’m bored with it quite frankly.

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  4. purdy

    Look at the market’s angle of assent. An old fart would say ‘blow-off top’ …particularly in the Russell. Bah, I’ll just borrow another $trillion or so from my children’s future. This is a Hunter Biden market …feeling down? Snort more of this.

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