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May History repeat itself. When the market starts to sell off, its the banks that make one last attempt to prevent the market from falling and trying to convince the average investor that everything is ok. Looks pretty obvious to me. Financials? Haha
The fuckery in this tape is at a new high. Everything that looks like shit now is a buy. Everything that looks great is a sell. Td Ameritrade had 34% of revenue come from options trading. Apparently the new to options dentists were long momo and possibly short pos old tech and banks. They will flip then momo rips.
The short euro looks obvious here to fuck over Mother Russia on the price paid for nat gas. Being a piker would love opinions on this idea. Also now that the “oligarchs” are or have blown out some or all of their stock holdings, to probably the bankers. Is RSX a buy if it blows out or even if it does not?
Interesting bid in the Utes today. Rates are gonna rise and destroy all municipalities and dead broke citizens. The economy is gonna “normalize”. Have we not heard this horseshit before?
nice pic