iBankCoin

LE FLY IS AT RECOURD HIGHS ###

Let’s review, shall we?

I’m bald. My wife probably doesn’t like me very much and I’m a medicocre tennis player. But I can do this. New record highs, +52% YTD.

The Russian Ruble is up 4% vs dollar, now $57.

The 2-10 spreads are narrowing, with the 2yr up 14bps, suggestive of recession looming.

Cryptos crash with stocks.

Commodities are lower across the board with stocks.

I am 100% cash, closing out large positions in FAZ, SOXS, and UVIX. I sell most opens to reduce my holding time and mitigate risk. Since this method has been working almost without flaw, I have no rush to change it.

I’m not sure what happens from now till 2pm. But I’m pretty sure what happens afterwards. Having said that, Stocklabs is likely to flag oversold and I am likely forced to get long, even though I don’t want to. Rules are rules.

If you enjoy the content at iBankCoin, please follow us on Twitter

14 comments

  1. john galt

    Few things in life I appreciate, greatness is one. Nothing matters in the game of life, it’s not real. Just keep winning because the glass is always half full, well done sir.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. emersonlakepalmer
    emersonlakepalmer

    bald…….and fat

    • 1
    • 1
    • 0 Deem this to be "Fake News"
  3. ezthere

    Gold reversed. Meaning? The fed will pause. Until Gold crashes to pre 2020. This market is not real.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. purdy

    “I’m bald. My wife probably doesn’t…” Nice try at winning sympathy, but Homeland Security doesn’t do empathy. You will pay for your questioning ways. I pray they only send you to reeducation camp …and not a more permanent fix.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  5. duuude

    Impossible to please a wife after x years. They get bored….with what is another issue.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • john galt

      Respectfully disagree, met mine at 15 she was 14. Been together 29 years, married 17. Like anything in life if you want it work for it. The fruits are there, leave your ego at the door

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  6. roguewave

    @peterschweizer
    San Fran: Convention attendance DOWN, 89 percent. Office vacancies UP 290%.
    Probably nothing

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. helen

    I’m up about 8.5 TIMES both your portfolios and the subaru. But do you see me bragging…
    I will brag about this though; I have hair., and better yet, no wife.
    Put that recourd in your pipe!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. irma vep

    Bald is sexy. What’s this thing with scapular hirsutism?

    • 1
    • 0
    • 0 Deem this to be "Fake News"