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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,449 Blog Posts

Market Update: Futures Hammered, Asia Smashed, Commodities Crushed

Dr. Fly Tue Jan 19, 2016 10:03pm EST 7 Comments

It’s all coming to a head now. The end of western finance is in the process of becoming a very stark and very real reality. Ironically, the end of western finance is beginning in China.

Asia
Commodities

Futs

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7 comments

  1. rigged game
    rigged game
    January 19, 2016 at 10:30 pm

    If it is the end of Western finance, why not buy silver and gold?

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  2. frog
    frog
    January 19, 2016 at 10:32 pm

    If it is the end of Western finance, why is silver down and gold barely up? Maybe some other commodity is going to be the valuable one. Or maybe it isn’t the end of Western finance.

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  3. the dude
    the dude
    January 19, 2016 at 10:46 pm

    Oil only down 1.4%. That’s almost like up. Almost.

    Everyone, for the love of God, please repeat: I will not be long equities until WTI oil stays above its X-day moving average. Fill in ‘X’ with the number of your choice greater than 2.

    Then figure out a plan to manage your China risk. Then you can go long equities.

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  4. the dude
    the dude
    January 19, 2016 at 10:46 pm

    Oil only down 1.4%. That’s almost like up. Almost.

    Everyone, for the love of God, please repeat: I will not be long equities until WTI oil stays above its X-day moving average. Fill in ‘X’ with the number of your choice greater than 2.

    Then figure out a plan to manage your China risk. Then you can go long equities.

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    • 0 Deem this to be "Fake News"
  5. eddiedaroza
    eddiedaroza
    January 19, 2016 at 10:52 pm

    Extra Jackie Chan

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  6. doubleplus
    doubleplus
    January 19, 2016 at 11:09 pm

    Still not catering to the idea of buying shit until oil hits the mid 20s.

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  7. gravestonedoji
    gravestonedoji
    January 19, 2016 at 11:15 pm

    Futures hammered might be a better outcome than Futures up…

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    • 0 Deem this to be "Fake News"

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