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
21,324 Blog Posts

MAKING MONEY CAREFULLY

Good morning fucked faces!

I entreat you with gains once again, as I am smartly positioned amongst a pastiche of holdings appreciating in value. I will not relinquish these money making ideas for free. Oh no indeed I shall not, for that is for PAYING members of Stocklabs. However, I will tell you that I bought leaps on BABA, slightly out of the money — looking for the stock to surge in 2022. I also am heavily SHORT the US treasury bond via TMV and I am long an array of oil and ag names, with a heavy hedge against small caps via TZA.

Losses are stomped the fuck out fast at 2% and I do not have patience any more for small capped shit. Keep your penny ideas to yourself you piece of shit.

I am up 1.25%, on another leisurely day at House Fly. Cafe Du Monde is not FESTOONED on my walls this morning and I will have you know that I consumed a delicious pumpkin beignet this morning, which is news because I typically eschew carbs — because fat fucks eat carbs.

Into the afternoon, expect chicanery, but the oil trade looks SAFU. Lots of late money coming with fortunes in mind.

Also, into the weekend, it’s possible BTC-ETH will moon. I am long BTBT as my sole miner play right now.

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5 comments

  1. roguewave

    If things go well in the longer term, BTC could reasonably 20x.
    Other platforms, much riskier but have 50x, 100x, & even 1000+x potential.
    Hold a pastiche, ihmo

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    • edge

      Yeah, if you get the right one it doesn’t take very much. Much better than lotto tickets IMO.

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  2. edge

    Thanks for the heads up on those BABA calls, Lourde Fly. Much appreciated.

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  3. Mr. Cain Thaler

    Stocks really fighting the good fight here. Maybe we trade sideways for a bit?

    Big picture though, treasury yields and commodities continue higher from here and there will he a rebalancing out of stocks as a result.

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    • edge

      Sideways wouldn’t be a big surprise considering action in the vix. I agree, higher treasuries.
      Beyond that my positioning is bullish but I’m hedging with semi puts.
      I’m betting against natgas but the other commods seem good.
      That’s my 2 cents. My advice is free and you get your money’s worth. Always.

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