Close but no cigar. On paper, we’re still fucked. Breadth was weak, albeit not apocalyptic like this morning. Nevertheless, the market has a lot of work to do, if it’s going to mount a rally soon.
China is hugely important tonight, them and their crazy ways. If they catch a bid tonight, odds are speculation will return–if only for a day.
Today’s purchases cemented CYBR as a top 3 holding, along with AAPL, SBNY and now CRM. ONCE is also a large holding, but illiquid. The CMCM and YHOO purchases were small and do not hold sway over my performance.
Bottom line: it’s good to be alive. But we’re not living yet.
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+1, kinda feels like a setup – we’ll see. Winter may still be coming (extra dead Jon Snow). +2 for the Duke, also this: https://www.youtube.com/watch?v=QzcpUdBw7gs
and
there it is
public (you) are missing a lot
Breadth. Thank you Fly
indexes look
breathtaking
Just additional evidence
of (the) manip
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06-overflow/20150627_breadth_0.jpg
Well, at least market didn’t close hideous. Not too horrible. Now, Let’s put Alexis Tsipras’ head into a vice & tighten it every time he comes to bargaining table empty handed.
Tsipras should tell Merkel and the Eurozone “Fuck off – we ain’t paying you cocksuckers one fuckin Euro, Drachma, Dollar, Mark or whatever. We don’t need you bankster motherfuckers. We are going to a new Drachma.
Wipe your ass with your Greek bonds!”
should risk be, on?
like the indices are trying to
make you think?
Copper sinks to 2009 levels as China worries weigh
Published: July 7, 2015 4:35 p.m. ET
“Should” is not the appropriate question; “Will” is more appropriate. The market doesn’t care about anyone’s opinions – it does what it does and you have to be able to work with any environment. Copper can lead and it can lag. Correlations come and go. Don’t let outside influences dictate your approach.
“Shall”
Touché.
Hahaholy shit, China futures down 8%, mofos might not even stay open tomorrow, damn son! Kind of kicking myself for going a little long, thank goodness I kept a put or two too.
Bouncing now and wouldn’t surprise me to see them go green (and then either keep going or crash again). Crazy markets over there right now.
Kyle Bass knows his SHIT