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
21,914 Blog Posts

I HAVE HOPE!

What can go wrong? I bought the morning pops in LABU and WCLD and view the market as opportunistic. It’s entirely possible this is the top intra-day — but I doubt it. On Jupiter’s Stone, should markets reverse lower today I might be forced into hibernation for the next several years.

I entered the session long TQQQ and TMF and now own SAAS and biotech. At still 65% cash and an urge to finally have something to write about on this fucking blog, I now have hope!

MOLTO BENE.

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8 comments

  1. Mr. Cain Thaler

    Dude it’s happening.

    Look at 10 years and oil. You’re fucked, bud. Unless they reverse in the next hour and a half.

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    • Mr. Cain Thaler

      Today is the kind of day that makes me think we’re on the most catastrophic path, however improbable that may be.

      Retail sales in December were a disaster. So yields are higher and commodities are generally holding up with oil leading them higher.

      Disaster.

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  2. purdy

    I think …er, feel …that antivaxdomesticterroristsciencedeniers are selling vax stocks and it is affecting the biotechs generally.

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  3. Mr. Cain Thaler

    Unleash HORATIO CLAWHAMMER.

    The People cry out in one voice, “HORATIO!”

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  4. Mr. Cain Thaler

    Crude oil just broke the October highs. The SPR release has been negated at last.

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  5. Dr. Fly

    HOPE KILLS!

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  6. traderconfessions
    traderconfessions

    Fuck you JPM… if I want to lose money I’ll open a restaurant again. No trade is the best trade right now.

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