I bet the lot of you enjoyed today’s rally. You wore Dow 16,000 caps and devoured cheesed doodles while watching your favorite stocks trade up.
Back in the days of Noah, there were sunny days, very pleasant days, yet the production of the ark continued. He didn’t loaf about the tree stump, watching wildlife frolic in the woods. He collected animals, plants, and select human beings–to live on his ark, for the preservation of mankind. When the floods came shuffling down, Noah and his fucking zebras had the last laugh.
As all of the sinners drowned in the briney waters of God’s tears, Noah’s goats ate leaves FROM THE TREES NOAH SAVED AND PUT ON HIS ARK.
I present the intraday action of TLT.
The good news is stocks were up. The bad news is, as indicated by TLT aka”the ark”, the floods are still coming.
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I bought 2 shares.
this is Fly’s buy list at the Dow 2800 bottom
GILD, DIS, not MSFT, MON, DD&DDD (hes a boobman)
LNN, PBJ, JUNO, ISIS
MDM & FANG, not FIG
You must watch your COMPORTMENT during the upcoming global implosion or be BANNED!
2800 is intermediate. Long term price target for Dow is 900.
It went pretty much sideways. Someone enlighten me as to why a single sideways day is a bad omen?
Treasuries need to be sold to free up inflationary forces
With a rally in equities like today, especially up to important technical levels, you would expect to see a selloff in treasuries as confirmation that the market wants to go higher. Debt investors tend to be a bit smarter than the equities crowd…or so the saying goes (its true)
Tomorrow will be a telling day. We’ll see what the market is made of. If the rally is real and new leadership is coming, it should be able to shrug off the aapl and crude inventory news. We’ll see……
I don’t know about telling, but it definitely think it will be funky