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
21,506 Blog Posts

Market is Busting Loose as My “Vacation” Winds Down

Commodity related stocks are atop the market hierarchy today, thanks in large part to newly minted Fed talking points, all inferred by the zeitgeist to be inherently bullish. We have a system in place that is rigged towards the investor. If you’re begging for a remediation of prices — good luck.

Yesterday I traded by phone whilst cavorting via Boston and did miserably, shedding more than 250bps and putting me back to break even for the month. Without the comforts of my 1000 monitors, I am subject to the whims of the market, which is changeable and unforgiving. We are not in a good market, but just one that doesn’t go down.

Early on, I have bets in tech, crypto derivative plays, and some small floaters. Several people caught SPRT inside Stocklabs yesterday, common and calls, and it angers me that I’m missing out.

Nevertheless, I’m here to send off my daughter to college and she is very happy to be here so I am happy. Tomorrow I depart and won’t be back until October and although it’s somewhat bittersweet to see her go, I cannot help but to think this is the best thing for her.

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6 comments

  1. roguewave

    2020 financial disclosure filings for each of he 33 member Congressional Blockchain Caucus shows zero reported owning bitcoin.

    Were these guys freed up after their success on the Congressional Afghanistan Caucus?

    Stay the course. No one left behind.

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  2. emersonlakepalmer
    emersonlakepalmer

    I heard the Taliban will have a team in the NFL this year….extra large helmets required

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  3. metalleg

    This is the best thing for your daughter. She’s going to have a great time learning how to party like a wild college kid on your dime. I’ve been through it three times and I now live under a bridge. But my kids are happy so it was all worth it…

    Ok, I lied about the bridge part.

    Get ready for the pain because it’s coming. Leaving her tomorrow won’t be fun for you. She’ll be fine though.

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  4. tha pirate

    Hope your daughter enjoys the Marxist indoctrination center.. err I mean college.

    Let the beer pong begin!

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  5. s.k.

    I’m sure it must feel bittersweet. Mine aren’t quite there yet, but I can imagine the mixed feelings. You’re a good dad.

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