iBankCoin

What Part of Black Flag Didn’t You Understand?

When flying under the black flag, enemy combatants are not to be afforded safe quarter. Surrenders or retreats are not acceptable to the attacking army and will expeditiously extinguish any semblance of the defeated enemy — cured only thru death. What we are boring witness to now in the markets, with the NASDAQ off by another 150, is the complete destruction of the Tik Tok investor cadre — the dumb bitches who believe AMC is going to $2,000 or at a bare minimum $1,000.

I look forward to seeing these people and their dead bodies strewn out across the battlefield, as I trot heavily on my horse sticking pikes into those still alive.

We are in margin call territory now and the losses can get MORE SEVERE. However dreadful, I am always reminded of the countless times the market has pulled rabbits out from its ass and therefore hold 1 position, an upside biotech ETF — because nothing says “end of days” like being levered into an ETF betting on companies of a fictitious quality one could only hope the pandemic sticks around for a little while longer in order to juice these fuckers on hope.

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TOO BUSY TO TRADE — SO I WENT ALL IN

Busy in Boston today, too busy to partake in trading. Normally speaking, when I am on vacation the markets crash, so bad I want to cry. But this time is different because I am leaving my daughter behind, so the Gods have blessed me with wanton returns.

I just bought a bunch of stuff, all PINNED TO HIGHS, using the Stocklabs time machine apparatus. I left 25% cash, just in case, and will now parlay about the city in search of sustenance.

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Mortgage delinquencies are on the rise. Indeed, in February, the national delinquency rate rose for the first time in 9 months, largely driven by a 97,000 rise in early-stage delinquencies — or those that were 30 – 60 days past due, according to new data based on month-end mortgage performance statistics from Black Knight, a mortgage and real estate data and analytics company. The number of properties that are 30 or more days past due or in foreclosure reached approximately 1.95 million nationwide, while total U.S. foreclosure starts hit 25,000, up 541% from the same time last year, Black Knight revealed.

Why are we seeing this uptick? Mortgage delinquencies nearly disappeared during the pandemic because of the generous mortgage-relief provisions enacted by the federal government in the spring of 2020, pros explain. “Homeowners who were struggling financially got a free pass on their mortgage payments for a year or longer. Now though, homeowners have to resume payments and some can’t,” says Jeff Ostrowski, analyst at Bankrate.

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WESTERN DISASTER: JP MORGAN PREDICTS $380 WTI IN WORST CASE RUSSIAN SCENARIO, RUSSIA MOVES TO CUT JAPAN OFF FROM LNG

Last week the imbeciles at the EU announced a new round of sanctions against Russia — banning the importation of Russian gold. This will do absolutely nothing to Russia. And it should be noted, Russian oil exports have SPIKED since the war began.

In the midst of all this, the fucking weirdos from Australia took the time to warn us about how climate change would cause VIOLENCE against women —- or people who IDENTIFY as women.

Listen to me.

We are led by morons. I know statements like that usually drip with Dunning Krueger and I am not saying they are academically dumb people. What I am suggesting is these people, ALL OF THEM, are in fucking fantasy land — like spoiled rotten brats who’ve been entitled to have their way for so long they lost contact with the real world. These are not serious people and I don’t give a fuck what futures are doing tonight or what the market does tomorrow — I cannot bet long on this sort of leadership.

Late last week Russia moved to seize control of the Sakahelin-2 project. What’s that you ask? Nothing really — just a joint project between Russia, Japan and Shell —- adding up to 10% of Japan’s total LNG imports and 4% of the global supply of LNG.

You can see why these people want to Balkanize and destroy Russia now, can’t you? It’s a fucking goldmine and their control over natural resources leaves the west in an unbearable position —- all because NEOCON SCUM needed to have their filthy hands in the Ukraine.

What exactly do we get out of this fruitful relationship with the Ukraine, aside from Trump getting impeached and Hunter Biden getting $80,000 per month in bribe money?

HOW ABOUT THIS FUCKED FACES?

At this point the answer to one Russian victory after the next is $1b per week in funding without oversight to the Ukrainian government, in what appears to be bribes to keep them from fleeing. This policy is as inane as it is evil, purposely dragging out a war that is UNWINNABLE. No matter how many wonder weapons we send to Ukraine, the geography of the battlefield will always favor Russia. Logistics win wars, not wonder weapons.

The logical thing to do from day 1 and even before the war started is to come to terms with Russia. But that wasn’t what the neocon scum wanted —- instead favoring 100 year old blood feud and grandiose designs to turn Kiev into their new play toy. The whole ordeal wreaks of desperation and delusion, typical behavior of people who are mentally disabled.

I’d like to think the COVID-19 vaccines caused this cranial dysfunction malady and this is the reason why the idiots in charge keep doubling down on poor bets. But sadly, it’s a lot more perverse than most understand and the stakes cannot be higher. As the entire western world ebbs into a volcanic pit of boiling magma —- we are most astutely concerned with the well being and happiness of TRANSVESTITES — especially for children who are readying to make the plunge into self mutilation and drugs because nothing says AMERICAN APPLE PIE like Johnny cutting his dick off on his 16th birthday and having giant floppy tits surgically implanted onto his scrawny body all in the name of progress.

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HAMMERED INTO THE FUCKING LOWS AHEAD OF CPI PRINT

I had numerous chances to sell my DWAC and did not take it. I had gains in BEAM and looked the other way. I took a MONSTER 25% position in SQQQ and saw the market collapse yet I did not book the gain. I trading like a massive piece of shit today, the sort of passive trading one does when one believes God himself is into bestowing profits unto you. It was the very worst trading session for me since January, in a year that has been charmed with win after win.

I have no desire to couch my losses with words of encouragement or items that I might bring up to make the reader believe that I will make it all back. I am finished, done. The winning streak has ended and if I’m not careful I will soon be staring down the barrel of IMMENSE losses.

Month to date I am now down 0.9%. This could be just the beginning of my losses, as I am prone to partake in during periods of not knowing the fuck is going on. I simply fall out of sync and remain that way until I make fundamental changes to adjust to a new paradigm.

I am positioned wrong into tomorrow’s CPI numbers, with far too much exposure into a news item that I have no idea what is to come.

The Fly is over, 100% done.

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HAMMERED INTO THE FUCKING LOWS AHEAD OF CPI PRINT

I had numerous chances to sell my DWAC and did not take it. I had gains in BEAM and looked the other way. I took a MONSTER 25% position in SQQQ and saw the market collapse yet I did not book the gain. I trading like a massive piece of shit today, the sort of passive trading one does when one believes God himself is into bestowing profits unto you. It was the very worst trading session for me since January, in a year that has been charmed with win after win.

I have no desire to couch my losses with words of encouragement or items that I might bring up to make the reader believe that I will make it all back. I am finished, done. The winning streak has ended and if I’m not careful I will soon be staring down the barrel of IMMENSE losses.

Month to date I am now down 0.9%. This could be just the beginning of my losses, as I am prone to partake in during periods of not knowing the fuck is going on. I simply fall out of sync and remain that way until I make fundamental changes to adjust to a new paradigm.

I am positioned wrong into tomorrow’s CPI numbers, with far too much exposure into a news item that I have no idea what is to come.

The Fly is over, 100% done.

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BULLS PULL A RALLY OUT FROM THEIR BEHINDS

I didn’t want to admit the market was going to rise by 500, so I ended up flat for the session — giving up early gains of +95bps. These type of things happen, when you are a dynamic thinker. Those one track minded PERMANENT BULLS of course made 2% today and every other +500 point day; but they will also feel the wrath of my sharpened blade (made in China) when the worm turns and the mood darkens.

In typical American fashion, nothing matters. The scum ran prices up instead of lower and I am sitting with a loss on my SQQQ position.

Since I cannot be fooled either way, I also possess a sundry of longs and am leveraged at 108% due to my outsized SQQQ positions. That’s neither here nor there. The point here is to withstand the BOOLISH barrage and relinquish the longs into rallies but bank on there eventual demise of both Jim Biden and the US stock exchange.

Whilst this might sound like a rather curmudgeon and bleak outlook on life in general, I cannot tell you how elated and happy it makes me feel to know I am living to see the end of western finance as we know it today and look forward to the happier times to come in a caravan of armed wagons shooting at one another on the trade route.

There is a hope and a dream of a November rally — based upon seasonal factors. There are those who will point out “America loves to stuff their fat fucking faces with stocks before cranned berries” and that betting against the market in the month of November, ahead of the pagan holidays, is sacrilege. But this is stupid, since Americans do not posses an iota of religion and scatter away rather quickly when the bear comes looking for food. I suspect, and again I am only speculating here, the bear will be famished during November and will walk heavily upon the stock exchange biting off the heads of traders and spitting them into their Bloomberg terminals, whilst taking a shit atop of Goldman Sachs’ trading desk.

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BULLS PULL A RALLY OUT FROM THEIR BEHINDS

I didn’t want to admit the market was going to rise by 500, so I ended up flat for the session — giving up early gains of +95bps. These type of things happen, when you are a dynamic thinker. Those one track minded PERMANENT BULLS of course made 2% today and every other +500 point day; but they will also feel the wrath of my sharpened blade (made in China) when the worm turns and the mood darkens.

In typical American fashion, nothing matters. The scum ran prices up instead of lower and I am sitting with a loss on my SQQQ position.

Since I cannot be fooled either way, I also possess a sundry of longs and am leveraged at 108% due to my outsized SQQQ positions. That’s neither here nor there. The point here is to withstand the BOOLISH barrage and relinquish the longs into rallies but bank on there eventual demise of both Jim Biden and the US stock exchange.

Whilst this might sound like a rather curmudgeon and bleak outlook on life in general, I cannot tell you how elated and happy it makes me feel to know I am living to see the end of western finance as we know it today and look forward to the happier times to come in a caravan of armed wagons shooting at one another on the trade route.

There is a hope and a dream of a November rally — based upon seasonal factors. There are those who will point out “America loves to stuff their fat fucking faces with stocks before cranned berries” and that betting against the market in the month of November, ahead of the pagan holidays, is sacrilege. But this is stupid, since Americans do not posses an iota of religion and scatter away rather quickly when the bear comes looking for food. I suspect, and again I am only speculating here, the bear will be famished during November and will walk heavily upon the stock exchange biting off the heads of traders and spitting them into their Bloomberg terminals, whilst taking a shit atop of Goldman Sachs’ trading desk.

Comments »