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
20,868 Blog Posts

Energy Breakout — When Texas Freezes Over

During the long weekend I was delighted to see Texas’ windmills freeze over and as a result the entire state without power. While some may perish under the harsh conditions of 2 inches of snow, it was worth it — at least in my estimation. Having all that oil and not being able to do anything with it because of wind turbines is all very wonderful.

Early this morning energy stocks and nuclear stocks broke the fuck out. Oil is of course trending and people are now starting to wonder about wind turbines in the midst of GLOBAL WARMING. I am off to a good start, sporting modest gains of just 4%. I try my hardest to trade hard and well — but admittedly at times get distracted. Over the weekend I turned zero dollars into many of thousands trading to and fro cryptos. I had a grande time and left with a 100% win rate and much success. The money was there for me to grab, so I did it.

Right now markets look bland only to the untrained eye. But I, see, have a very trained eye and can tell you there are movements happening worth noting — such as in the shippers and tankers. What stupid denizens of ill repute! However, and this goes without saying, the US 10yr is at 1.27% and inflation is on the fucking move again. Morgan Stanley is already jerking off to “COMMODITY SUPER CYCLES” and the writing is all over the wall. Dare I say we are perhaps in the 1st inning of this commodity super cycle?

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5 comments

  1. tha pirate

    Can anyone explain why Congress wants to have a hearing on Robinhood for barring new opening of positions on $GME, but not the other brokers who did the exact same thing?

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    • emersonlakepalmer

      I’ll attempt. Because of the simple fact that they serve in Congress make them unfit to serve in Congress due to their psychological and moral shortcomings.

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    • ezthere

      In all this BS. No one has mentioned the up tick rule that then Pres Clinton removed. Otherwise it’s a dog and pony show. Means nothing really. Over all. Some punks ran roughshod over our wall street buddies. Can’t have that.

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  2. ezthere

    I didn’t lose power.. fast food has lines around the corner

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