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
23,415 Blog Posts

Market Lifts Off in the Face of WW3

We just don’t give a fuck.

WTI is having a heart attack to the upside. Corn is popping off in Joe Biden’s face, and yet tech is rallying too. Nothing can stop the cocaine from flowing into our noses and yet WORLD WAR AND THREE DAYS OF DARKNESS LOOMS over us like a ghostly apparition of death itself.

Going with this theme, I went all in again, a sundry of commodities sprinkled in with some tech. To make myself feeeeeeel better, I shorted banks via FAZ because really — WHOS GONNA STOP ME?

My gains are plus 2% and counting, quant more than 3%. I’m like a printing press of money and nothing seems to be able to derail me. You might be thinking “hey asshole! You just jinxed yourself, TOP”. But you’d be wrong Sir. The stock Gods favor me and bless me with stock market success all the time.

While it’s true, there have been periods of time when “THE FLY” was RACKED with losses, sad and downtrodden around these halls; it’s also true these periods were designed to teach me valuable lessons in order to improve my market prowess. I’ve only gotten better over the years. The gains might not be as ribald as they once were on a day to day basis, but I’ve managed to lessen the periods of loss on almost an exponential basis. In other words, not a single one of you bastards can compete with me.

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4 comments

  1. ace noodle boy

    Weekly R2 NQ 13904, Monthly Pivot 14171.

    wr2 not a great buy, historically.

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  2. cll

    Why should we give a fuck? We cancelled Bald. We cancelled WW3.

    Vlad is still a joke. Xi is about to get him murked. Even Trump is running away from him like a pussy.

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    • cll

      Funny Vlad was incorrectly autocorrected as Bald. It’s true he is losing hair daily.

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  3. ezthere

    WASHINGTON, DC – Today, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) and Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement after introducing legislation to suspend normal trade relations with Russia and Belarus:

    “President Zelenskyy’s powerful remarks to Congress yesterday only strengthened our resolve to further isolate and weaken Putin. This legislation builds on last week’s energy import ban to inflict even greater economic pain on the Russian regime and its enablers.

    “We must do all we can to hold Putin accountable for senselessly attacking the Ukrainian people and undermining global stability. The suspension of normal trade relations is an essential part of our effort to restore peace, save lives, and defend democracy.”

    The “Suspending Normal Trade Relations with Russia and Belarus Act” includes additional provisions to expand the United States’ trade tools to stop Russia’s unacceptable and unjust war on Ukraine and to hold Belarus accountable for its involvement. Specifically, the bill:

    Provides the President with time-limited authority to increase tariffs on products of Russia and Belarus, until January 1, 2024;
    Requires the U.S. Trade Representative to use the voice and influence of the United States to seek suspension of Russia’s participation in the World Trade Organization (WTO) and to halt Belarus’ WTO accession and accession-related work; and
    Provides the President with the authority to restore normal trade relations with Russia and Belarus if these countries have ceased their acts of aggression against Ukraine and other certain conditions are met. Congress has the authority to overrule such a decision through a congressional disapproval process……..

    Got an email from Brady. Looks like the war might come to an end.

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