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
23,443 Blog Posts

BEHOLD THE CARNAGE

If you’re still clinging onto hope, a believoor in Pax Americana — I am here to remind you that it’s over.

What do you mean — “it’s over” Fly?

What I mean is, things will never be the same again — the way it once was before men starting giving birth to babies and people defended and supported the authority of government and their wars and their oppressive polices over ordinary people.

IT IS OVER BENJAMIN FRANKLIN — you piece of shit.

YTD LOSSES for some of your favorite stocks. Enjoy.

FB -40%
AMD -35%
AFRM -65%
RBLX -65%
NFLX -63%
SHOP -62%
CVNA -60%
ASAN -59%
RIVN -65%
SE -55%
MNDY -56%
ROKU -52%
ETSY -51%
TWLO -50%
PYPL -50%
MTTR -68%
TEAM -30%
SBUX -31%
ZS -31%
SPOT -47%

You get the point, don’t you? You understand the indices are an ASS and a lie — constructed to FOOL you into believing everything is all right? Things are far from all right, SIR. We have utter cataclysm underway in basically all of the hedge fund hotels. If it weren’t for energy names — we would be seeing blood flowing through the streets of wall. And that’s the part that scares me about commodity plays: CROWDED TRADE — a denizen for thrill seekers and hedge funders in blow up mode who might soon find themselves on the ass-end of liquidation orders.

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7 comments

  1. purdy

    You’re a great trader of ticker symbols Fly. Yes, very nice performance.

    But when we convert all your dollar-based winnings into digidollars, we will make you pay for your insolence. We have been watching you.

    Shape up right now. Kowtow to your betters. And we may be permit you to keep your home. So, for the good of you and yours, get in line. Learn to smile and nod.

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  2. freddie-forgiato
    freddie-forgiato

    Fly, you just tweeted:
    “A UK judge has ordered the extradition of Julian Assange to the US where he will face a 175 year sentence for publishing”

    I am banned on that God-forsaken platform and want to bring attention to this. From Crazy Days and Nights blog (I’m sure you’re aware of this blog):

    “What ultimately disqualified her was N. Apparently N had been instructed by his employers that C was being claimed, yes that was the word used, by someone who she had yachted with in the past and he wanted her available to him when needed. N and M are best buddies.”

    “A: Pamela Anderson
    B: Kylie Minogue
    C: Nicole Scherzinger
    M: George Soros
    N: Julian Assange”

    So, allegedly, “Julian Assange and George Soros are best buddies.”

    https://www.crazydaysandnights.net/2018/07/blind-items-revealed-38.html

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  3. the_wolf

    – 8million barrels = hyper boolish

    Sincerely
    Oilman

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  4. qeinfinity

    I’ve made a killing on commodities this year, but I’m starting to unwind those positions because this won’t last. The problem is I’m out of ideas of where to put it. Everything else is overvalued and we’re finally starting to see the market respect valuations to some extent, but it has a long way to go. I’m considering going full retard in my retirement accounts with SQQQ because everything is an awful investment right now.

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    • the_wolf

      The oil gas energy trade is very far from over
      # oil higher for longer

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  5. fxtradepro

    It’s time to put the Yen and JGB peg under the spotlight Fly. This could be the most important financial plumbing issue in the market right now.

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  6. fxtradepro

    It’s time to put the Yen and JGB peg under the spotlight Fly. This could be the most important financial plumbing issue in the market right now.

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