About a month ago, I was lamenting over the rise in US borrowing costs, via the treasury market, and the lift in the dollar. Both occurrences boded poorly for a potential fiscal stimulus package and US trade abroad.
Since then, markets have settled down and things have materially improved.
Dare I say, things are looking perfect right now, with commodity prices buoyant, treasury yields receding and the dollar sinking versus its foreign counterparts. All the while, markets have risen to the tune of 3% — permitting a true sense of optimism to gracefully dilute the dreary news flow of an otherwise very divided nation.
US 10yr is down to 2.34% from 2.56%. It was, however, 1.75% before the election.
Watch Zinc. In my opinion, it’s more important than copper now, since it’s a vital component in galvanizing steel — readily used in infrastructure projects.
My favorite plays with zinc exposure are $HBM, $TECK and $VEDL.
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It’s weird how you mention pizzagate all the time then use a picture from the first season of true detective. That story arc was about organized child trafficking at the political and religious level.
Bought April calls on TLT today. 30yr rates are at the top of their 30-year-long range. 1.60 isn’t impossible from here. That would be something like TLT $150. So many shorts out there too, paired with dollar longs. Potential tinder box.
Long and Strong CLF into earnings? Something tells me I don’t even have to ask.
My fingers crossed cuz I got hammered by GILD today.
I dont share this positive optimism. The only thing that really really matters is (a) the evil FED; and (b) when the zionists/satanists are going to use the FED to sink the ship along with Trump. There are no longer free markets. What we have here is abomination of free markets I call a rigged casino. But that’s just me…. Good luck with any long-term projections of prosperity.
There were never free markets Ayn Rand. It’s always been rigged, its just now any dipshit with youtube can figure it out.
The Jewish lizard people are manipulating gold prices because they eat gold to stay alive. Everyone knows!
LOL
Y’all niggas know its 69 degrees outside in manhattan right?
Maybe Trump will build a giant air conditioned bubble around the entire country.
Is there zinc in air conditioners??
Christ you’re a moron.
No I’m not.
I’m fully aware the Jews are falsifying climate data.
Read it on 4chan…
… can’t post a link, I think the Jews deleted it!
You know how it is
No joke. True news. 100% real. Not a lie. Big story. Yuge. Trust me.
This wall will be the biggest joke in American infrastructure history. There are already huge tunnels under the border that you can drive through. Can you imagine how many there will be if we waste our time on a wall? Idiots.
http://www.huffingtonpost.com/entry/california-mexico-drug-tunnel_us_5718d380e4b0c9244a7af11f
I realize you guys despise liberals so much that you want things like this wall just to piss us off. But please try to look past your anger and see at the bigger picture. It’s a stupid fucking idea.
Don’t confuse being a true liberal with being a libtard. 30 or even 40 years ago you could have been proud to say you were a Democrat. Now you’d rather let Nancy Pelosi queef on your face.
Where’s your income stream from peaches? What do you do?
peach harvester obviously
I seriously doubt peaches would grow in his mom’s basement and peachfuzz hasn’t left there in ages.
Ironically I can say with complete humility and honesty that I would probably still live with my parents had I never found this website.
Every single one of my friends who voted for Trump is either broke or living at home though.
Those in medical school, law school, or working in property management reluctantly voted for Hitlery.
Wrap that around your hillbilly head.
My Trump friends also own $0.00 in stocks.
Brainwashed clowns addicted to prescription drugs that don’t make the walls melt or let you find God at 3 in the morning.
“I can say with complete humility and honesty” are words that humble and honest people don’t say when they’re being humble and honest.
Only narcissistic liars preface a statement with that claim. That’s why no one here takes you serious, you doofus.
Whenever someone tells you “I’m going to tell you the truth…” you know for sure they are lying.
Today’s lesson is on the house but the next one is gonna cost you. Now, get back in the basement.
I’m a programming engineer with a home automation company turning chinese millionaires NYC penthouses into death stars. There are no more wealthy Americans. Sad.
Used to work for an Israeli fintech company, before that consulting for another financial start up. Before that IT network maintenance. Before that full time I still do odd jobs in IT. Nothing in finance. Thank God.
Been trading since 2010. Back when Fly ran the sickest finance blog on the planet.
Before IT *full time pot smoking, acid dropping, alcoholic, mdma selling degenerate college student.
chemical engineer, Waterloo. Aligned with deceased industry being newsprint. dicking around fixing shit, gets boring quickly when no broken shit is to be found, however, gave up the hash long ago. Love the beer.
I cant handle my booze. Like our president.
You’re all better off with us sober.
Waterloo Dark, Brick, what?
Are you making money following Fly? I find it doesn’t work. It might if you go 75% into the riskiest positions.
I only trade vix ETFs with my own algo.
I pay attention to Fly’s macro analysis. Held on to silver stocks. Bought USLV when he decided gold was going nowhere back in december.
Most of my net worth is in an IRA in AMZN, GOOGL, FB and QQQ.
99.99% of professionals can’t beat the SPY over ten year rolling periods.
Anyone who thinks they can is stupid.
Trading in and out of SVXY, USLV and the like is a hobby I do on robinhood with less than 10k.
My parents dont have a basement I can move into.
Option addict is the resident trading genius here now.
It sucks when you find out someone you admired, someone who inspired you to start investing and trading…
… is upset the nazis didn’t get my grandparents.
Fuck you Fly.
OA has big winners and big losers, I bet he isn’t beating long term hold of SPY since 2009 after taxes.