The Dollar Declines After Draghi Bazooka Attack; Stocks Rally

Markets have shaved half of its pre-market gains after Draghi said there would be no more drugs offered to the market for some time. What the fuck else does the market want, his limbs? And, Iran told Moscow to fuck itself and they’re not interested in a March 20th meeting to discuss ways to support oil prices. Iran is much more interested in stealing their market share.

If you’re buying today, you have faith in the idea that the momentum can continue, which is something the market has been unable to do for almost two years. While the market is certainly making inroads into the psyche of short sellers, flanking them with a most violent demeanor. There is a distinct possibility that our Federal Reserve will reign predominately over the markets soon, ruining an otherwise effervescent rally.

When the rally comes to an end, commodity related stocks will fall into a miserable peril. Those who are long will undergo a hideous transformation, almost overnight, from sanguine to cataclysmic.

As Karl Marx strengthens in his campaign against Hillary Clinton, Wall Street can do nothing but worry and pretend it isn’t happening. On the republican side, Donald Trump is wholly intent upon trade wars with all major U.S. partners. Surely, this will have an immediate effect on equity valuations. God forbid our traitorous corporations might see their margins reduced by stifling their sweat-shop operations in Shanghai.

The euro has reversed and is now stronger against the dollar, reversing a 1.5% decline. As such, U.S. markets are buoyed and rallying again. Most notably, bonds are moving higher too.