Exuberance in Peso Trading Suggests Someone is Betting on a Clinton Win

Stock your nuclear fall out shelters with fresh supplies of soylent green, for is the peso is of any use at all, it’s suggesting that ‘smart money’ is still betting on a Clinton win.

The peso is higher by 1.28% v the dollar at the time of this post.

I am now fairly certain, after reading the internet, that Donald Trump will not concede any loss to Hillary Clinton and will contest the election. In turn, uncertainty and turmoil will rack the nation — which should pose as a deleterious threat to equity prices.

As for the general markets: you have to be fucking crazy to buy stocks now, ahead of the election. If anything, you can throw dice at some coal stocks, like WLB and CNX, then pray to the Gods that Trump doesn’t get assassinated on election night.

Tech is breaking down and the winners are starting to weigh heavy on the markets.

Amongst the leadership names on my list to watch, FB, GOOGL, ENB, HCA, CAT, ULTA and AAPL have broken down. I am looking at stocks like ULTA (I am short), AVGO, UNP, JPM and DOW closely to detect weakness, which might spread to the general market.