What a decadent day. Almost 100 NASDAQS were added to the National Treasury. For some reason, today investors were accepting of a Fed hike in December. They’ve come to grips with the notion that the end of western finance, as we know it, may not be beckoning.
Stocks are dirt cheap on a price/sales basis, the cheapest in several sectors in over a decade.
LISTEN TO ME: I trust this tape, like I trust the airbags in my car from stranger danger. I’m not depending on miracles to help me. Like I said earlier, this is an oversold bounce. The rubber band was stretched back real far, causing the spear to shoot forward and sever the heads of Mr. Short Sellers–fucktards extraordinaire soiling my comments section with end of days rhetoric.
There is nothing that I like more than a short squeeze, offering these scoundrels up to the lord, sacrificial lambs on my dinner plate. I consume you (extra cannibal) because I am alpha to your beta. Run away and tell your wives how hard the market was today.
“The Fly” banked coin, up 2.3% for the session– despite SHAK being a total drag.
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Turkey Gods arrive early
And as someone who knows illusion when they see it
Pure joy to bring the mood down a notch each day@close
Idioms in movies: Fly in the ointment (“Die Hard”)
https://www.youtube.com/watch?v=AbVuBAM8W9A