We will be appreciably higher within 3 trading days.
The technicals have been eroding over the past week. We’ve see the “June Swoon” really grip the hearts and minds of the unwashed, as they now scurry for the exits like rats aboard the SS Titanic. Very sorry, there aren’t any lifeboats reserved for rats.
This is the sort of tape that needs to be waded through. Headline news will be negative and sentiment dour. Nonetheless, every single time the chips have been down, our Central Bank Overlords have saved the day. I don’t see any reason why this shouldn’t happen this time around. Look at the euro. It’s up for the day.
Does that make sense?
Of course not.
Prepare the helicopters for rapid papering over and subsequent stock market rallies. I’ve always been a huge fan of QE, now more than ever. In this regard, nothing has changed. As a matter of fact, the printing presses need to work with even greater vigor and tenacity now, since the ass-end of Europe has decided to shit out their economy into the Mediterranean.
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I like this call.
My model says 5 days but same difference.
Ballsy call but stated with conviction.
Like it.
At least we haven’t been kicked into the abyss like China.
Do you have an opinion as to any particular segment of the market that will outperform? Thanks.
China eased overnight… and it was sold.
said the aluminum man …lol
CENX was up sharply Friday. I suppose you expected my longs to be up today?
Fucking moron
CENX was down sharply Thursday and at 52 week low and is a POS… fuck you moron
“If you want my attention, you’re gonna have to steal at least 100 NASDAQS,”
With over 100 NASDAQS now missing do they have your attention?
More helium for my weights while I workout
More helium
Make workout good
QE & any human that wants more
Is pathetic
Go ahead fakers
Good luck with QE. Saw a white haired lady last week in the plaza in front of the St Louis Fed knitting and talking about Edsels and her podiatry appointment on the following Monday. No one was sitting next to her.
the only thing that makes sense to me for the euro being higher today is the euro carry trade stop outs. we saw a similar dynamic as german bunds sold off from negative rates earlier this month. when ECB QE started it was a race to the bottom in yields with people front running the ECB buying in sovereign bonds and financing foreign investments with the euro. We all used to talk about how the sell-off in US rates would be capped by the bund/UST spread but so much for that now!