I’m not gonna get wordy about what is taking place tonight and instead be as direct as I can. Sell offs like this have not lasted long the past year. Each and every time the bottom dropped out, a magical one appeared and made everything lift again.
Here’s why things might be different this time.
The House just voted to release a top secret memo that, allegedly, will make Americans get off their fat asses and overthrow the government. FBI Director Wray is on the cusp of firing McCabe, Nancy Pelosi is stroking out, and Sean Hannity is having orgasms on live teevee over it.
Watch these videos to get caught up.
People are watching the 10yr bond and making dire predictions about if and when it breaks 3% and how it will crush equities. Whether there is any validity to this frenzy is moot, as long as investor psyche is affected by it.
The US 10yr is at 2.71%, a solid 60bps above the 2 year. People need to calm the fuck down.
On the plus side, this is the first time in a decade all 10 sectors guided up on earnings. Here’s the bottom line: we were overbought. Now we are working it off. Watch the political turmoil unfold and grab a great big barrel of popped corn and hope for the worst.
Dow futures are -177, Nasdaq -39.
Sleep tight.
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Very compelling theory. That’s what marxists do. Throw temper tantrums and then start destroying things to make everybody, including themselves, worse off. Cut off nose to spite the face. FED’s Citadel will be on it. Just to demo that it was a bad idea to release the memo which helps the prezz and torpedoes the #russiagate bullshit. Start selling ladies. Or get short.
Since The Real Fly already stated in an earlier post Monday afternoon that “If the Dow Closes Lower Today, I Will Cut My Own Head Off” and the Dow did close lower so obviously the Real Fly’s head is rolling around out there somewhere, I’m just wondering who the hell just wrote this post? Can there be two Real Fly’s? Are we reading the thoughts of an imposter? A hacker? Could this be the work of the Deep State?, Whats up?
You must tell the Americans the truth, by hiding the truth.
She is a brilliant lady.
Regards
Chuck Bennett
The lying Republican scum and their media lapdogs will ensure that Americans won’t believe the truth right in front of their eyes.
What’s the matter with you people?
I will chew through my leash to buy on the next Oversold signal from Exodus or any other reasonable indicator.
Everything is beginning to come unglued. For what reason higher euro? Who knows. At any rate NEM shitcoin looks very interesting. One doesnt just steal one coin from one exchange for no reason. Inside job? Dunno why but hacked shitcoin seem to eventually gain hard.
is not the yield curve inverting/inverted, which is indicative of imminent catastrophe,….?
comments,…….
The ‘jaw-droppiing’ FISA news http://ibankcoin.com/zeropointnow/2018/01/30/house-intel-committee-votes-to-make-jaw-dropping-fisa-memo-public/#sthash.ykscSkmM.dpbs will mean precisely nothing to the majority of the sleepy American public. The deep state’s media mouthpiece’s will spin it into irrelevance and the masses will continue to snore while Hannity gets his panties in a bunch.
Americans getting off their fat asses to overthrow the government- has a very nice ring to it.
But similar to the Civil War, where the Confederacy didn’t have shoes for its soldiers, we have a severe shortage of scooters.
Juice got it right. The memo will mean little. Remember that Americans reelected GWB AFTER he clearly cooked intel and lied us into catastrophic wars …all with the help of the intel community …all with MSM’s cooperation. Or visa versa …not sure who was who’s tool.
The weekend news shows had all the usual suspects out expressing um-bridge at how anyone could doubt that our intel agencies were pure – “crazy conspiracy nuts they”. All (Foxtards excepted) have been programmed to see anything that comes out as fake news, orchestrated by the “Nazi” Trump, to distract us from some Russian connection.
Nobody gets a free past. Bust ’em all.