iBankCoin

The Ass of Europe Strikes Again

This guy who runs Greece must be short stocks. Maybe his plan to crawl out from under the stairs is to make a killing, short the market. He might’ve taken the money Germany lent them and sold short the German stock market? If his country defaulted, surely people would panic and he’d make a fortune on his shorts. This the only logical explanation for his behavior.

Why else is he telling people to vote NO on Sunday, on the referendum, despite saying he doesn’t really mean it? He just wants stronger bargaining chips. What is he a rapist, no means yes?

Really, O’ fuck head?

They have an actual word for this in the dictionary. It’s called EXTORTION!

A pox on the people of Greece.

This has resulted in a very jaded market, one that is seeing biotech stocks, and everything in between, reverse lower–into the pits of hell. I’d rather not discuss it. I am too fucking angry right now.

These assholes defaulted on an IMF loan, money given away with homelessman conditions. No one defaults on an IMF load, unless they’re assholes.

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Who Knew This Would Happen?

Fucking time machine, motherfuckers.

OS

I don’t know how many times I need to demonstrate this for you. The second the market sells off, I am plagued by monsters saying “how is your Exodus now?” or “I bet that Fly is working on his algos, LMAO.”

Fuck you, motherfucker.

As you see, we are running a very efficient ship here. We time this shit to the fucking day, no pauses or time to relax. I got my balls on the line in AAPL, which is representative of the NASDAQ. I have QLYS coming out from my ears, SAGE, ONCE and now a new contestant steps in the fray–my latest buy.

I bought back CYBR, more than 6 points below where I sold it last. Clearly, the software security space is where I want my money after a sell off. While it’s true, I sold both QLYS and CYBR higher, I couldn’t just watch them reflate here without partaking.

Also, might I add, my bank stock, SBNY, is ripping tits to the upside.

45 NASDAQS in your face; Exodus wins again.

NOTE: I sold out of CENX.

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This is How We Roll

One of the coolest new features in Exodus is how we apply our predictive algorithms to each individual industry, providing members with a bird’s eye view of how the respective industry is fairing on our algorithmic scale.

As some of you know, yesterday Exodus flagged its first system wide OVERSOLD signal since May 26th, 2015. Go look up your charts and see what the market did after that.

Multiple biotechs were oversold and the entire industry traded down to the bottom of its Hybrid range. Bear in mind, there are over 100 stocks in this biotech basket, if not more. So, this is a fairly diversified oscillator.

Biotech

Today the median return for the biotech industry was +2.87%.

NOTE: That’s right. It also timed the top to the exact fucking day.

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DRINKING NASDAQUERIES INTO THE BELL

I bought a new fridge with a fucking teevee built into it. Now I’m going to buy a new car.

The butthole of Europe will vaporize into the sea, never to be seen or heard from again. In the meantime, all of us good gents stateside will be making money, overlooking pastoral grounds, drinking NASDAQUERIES.

My top three positions are as follows-

AAPL
QLYS
SAGE

Zero fucks. All NASDAQ.

We’re gonna drive rail spikes through their heads tomorrow.

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WE’RE GOING ALL IN AGAIN

Fuck it.

I went large into QLYS, even averaging in on YHOO and SEM (hospital game strong) to demonstrate how magnanimous I truly am–zero fucks– into the bell, driving in a car made from dynamite sticks–heading for the sun.

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No One Said it Was Easy

The recent decline, albeit shallow, has reduced a lot of high margin players to rubble. If today’s gains stick, anticipate that it will be messy, it always is. After we get a few days of win under our belts, then the market can really run higher, which is why I’m targeting Thursday as a good day to sell shit you bought yesterday and today.

Don’t step to me with Puerto Rican bond payments. I never want to talk about that.

Apparently Greece wants a last minute, 2 year, deal. Will it happen? Can it happen? Why do we give a shit?

In summary, I’m very happy to see the market not down 350 today; but it still as a lot of mud to wade through. If we get some news, we V shape higher. If we are left to our imaginations, these fuckers are gonna sell the market down. That’s the sort of brooding mood the market is in now–everything is shit.

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Late Night Talkin’ Greasy

Fuck all of you dick-strokers who profess things that you know nothing about. When the market spirals higher to new highs again, I am going to be bashing in your fucking skulls with cinder blocks. All of the shit you brought forth tonight, about the interwebs, warning of imminent disaster, shall be delivered to you 10 fold, in the form of nuclear atomic device strapped upon your person.

We’re gonna strap that shit on you, then shoot your out of a carnivale cannon, into the Pacific ocean, directly into the mouth of a giant whale. We’ll blow you up and the stupid, dumbass, whale to Kingdom come.

Look, this game has played out the same way for the past 6 years. Today, Zerohedge and Co starting walking around Manhattan, all naked, with their dicks out and shit, reading newspapers–acting all intellectual and what not. Out of nowhere, a giant ass-raping ape is gonna step into the foray and decimate them, eat their newspapers and shit– then kick them down into the sewer pipes.

I can do this shit all day. But the bottom line is this: WE ARE GOING–the fuck–HIGHER.

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Wrestling with Depravity

I am very tempted to kick out my entire XLU position and exchange it for biotech/beaten down tech chicanery. However, I am reminded of several occasions when the plan didn’t exactly pan out as expected.

Markets are predictable until they’re not. They change over time and eventually new trends displace old ones.

Is it possible that the market will continue much lower from here?

Of course. Anything is possible.

Is it likely?

No.

But the way I see it, I already have 30+ stocks with long exposure out my ears to participate in any rally to come. For the day I am off by 1.75%, which is pretty fucked up. Over the past week, it has been one slow drip after the next. Now this: BOOM goes the hammer, falling down upon my fucking brains.

I think I will keep XLU and use it for an extreme sell off.

What might be considered “extreme”?

Maybe another 2-3% lower tomorrow, or if we drift lower by 10% from recent highs. XLU should outperform all asset classes in an environment like this.

The temptation to act fast and hope for the best is here and gnawing at me. A lesser man would’ve partaken in wonton degeneracy and then taken to Twitter to declare a bottom. I’m too old for this shit and know the game has only just begun.

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