It looks like tech has winded itself out, on top of a beleaguered transportation index, layered on top of a ruinous retail and oil and gas environment. Pray tell me, once people get out of their hedge fund hotels, what the hell will they do with their money?
Judging by recent pin action, maybe gold?
Nasdaq futures are down 45 tonight. European markets are setting up for a minor bloodletting, off by 0.75%.
Nothing else is notable, aside from the White House circus act.
Look, we’re heading into August soon. Men of leisure are already summering and do not have time for stocks. Expect a pullback in August and maybe in September, followed by a gangster-like rally in September.
For the week, I’m losing money and will publish by results tomorrow. I do have a permanent 20% cash position, which has been designated for Exodus oversold signals. We haven’t had one in months, thanks to record low volatility. I hope we get to enjoy one soon.
The wins are always better when having to deal with a little adversity.
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Some of my worst capital losses were inflicted upon me in the month of August. Live and learn from the professionals… August is for golf, sex, blow, and good food.
Think of the guy who took the opposite position you did and made money in August. It all balances out.
Indued
you seem like someone I wouldn’t want to associate with.
Gold. I like the sound 1oz gold eagle and maple make together.
That fucking cripple with “Brain Cancer”.
Bad night for the clown faced daughter fucker (not you ironbird).
All part of the plan.
Crude oil held $49 overnight. Massive CAPEX reductions noted by Whiting and Sanchez during investor calls this week…drilling rigs shutting down left and right. NatGas is fucked, it has not been hot enough his summer to drive meaningful demand. Worried about tech? Buy Apple into 10th-Anniversary iPhone hysteria.
Looking at the chart, I’d say maybe AMZN earnings were “released” during lunch yesterday.
Birkinstok will bring down amazon. The counterfeit products mixed in with authentic products scam is gonna crush amazon. Walmart and other brick and mortar are gonna go to war with amazon.
Can’t we go back to Mooch?
Fun Fact
In 2010, he was campaign finance co-chair for former Long Island Rep. Rick Lazio’s gubernatorial bid. After Lazio lost a GOP primary, Scaramucci went to Democrat Andrew M. Cuomo’s campaign, serving as finance chair for “Republicans for Cuomo.”
This explains Chris Cuomo/Mooch bromance.
Looks like 0bamacare is bullish for stocks since we are going green.
Can someone call Horatio Claw Hammer, I really miss that guy.
Time for the one two Trump Mooch combo to quadruple down on some crazy ass shit. They are getting their balls boxed in right now. Holy Fuck Trump is bad at this.
I concur that gold is good for an August trade. Bought GDX yesterday…and I bought some more AMZN today. I don’t care. I’m so far ahead of the game in this stock it makes me want to belt out a bodacious barbarian yawp from a mountain top. Yeah they’re spending money. They always have…..to dominate. And it’s worked. It’s going higher in the future—much.
AmazEnron. As long as your stops are set, nothing can go Enron…I mean wrong. $SPXU $SQQQ
Cute. I’ll remember that….. (*eye roll*)
Well, there it is…The the stupidest thing I’ve read all month.