How did you like that last hour of trading?
If you’re sitting there pondering the existence of God, wondering how it all went wrong — iBC’s RAUL offered a nice explanation as to why Wall Street might’ve disliked Powell. He answered their fucking questions and spoke very little gibberish.
you're missing the point, her jibber talk is exactly what made her great. Ask her if the sky is blue. 45 minutes later she'll still be talking. Without answering. Without offering one silent moment for you to interrupt. J-Yell slayed.
— RAUL (@IndexModel) February 27, 2018
Truth be told, we expected Powell to be punished, since he’s new and doesn’t know a single thing about economics. This assertion is Wall Street’s petty way of communicating with the new Fed, expressing its wishes through extortion — like all really good criminals do.
Now with the bear out of the bag and the Zerohedgers out and about — the retest the lows people will be screaming from every steeple and every spire for stocks to retest the lows because that’s what markets are supposed to do because technical analysis and price memory and all of that other bullshit that charlatans train you to believe is true.
Here we go.
My oil stocks were hit with bricks all session long. My hedges softened their fall. Perhaps we bounce tomorrow and finish the month off in proper fashion, or perhaps not. “The Fly” is prepared for all eventualities and can to weather the strongest of earthquakes and the most powerful blizzards the world has ever seen. While you toy there with your ornamental charts, sipping on your drinking chocolate, I assess and plot and scheme and long for harder days, charitable gifts that define the evolutionary spirit — the sort of stuff that has marked the upward surge of man for a millennia. All of your men are soft and your women retarded because you’re all a bunch of spoiled cream puffs — easily shattered, melted by just a single ray of light.
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The machines were configured for her win
Fri November 4: -300Dow for new Hillary emails
Mon November 7: +300Dow for Hillary “cleared again”
November 9 Futs: -800
So, how would you reconcile the -800 with the sheer overnight narrative reversal? Any normal critical thinking person, after a few days would start to question the surging, a little bit. As a normal critical thinking person, I started saying b s within a few trading sessions. How so many of you sat cross-legged in a circle kindergarten lemming style, is for the ages.
“how would you reconcile the -800 with the sheer overnight narrative reversal?”
Republican Congress + Republican President = 2-year party for the 1%
Note that the 800 point deficit disappeared when it was clear that the R’s would hold the Senate.
F* the deficit
F* the poor
F* the middle class. Well, we’ll give them some table scraps and they are too stupid to see the long-term picture.
Take a look at the tax bill. Clearly it means a little more income for the middle class in 2018. Understand that most Americans – even many with 6-figure incomes – live paycheck to paycheck. Assumming that Trump does not get indicted, the big question for the 2018 elections will be wherther they accept the 2018 gifts for the long-term price, as indicated in the recenlty passed Budget
https://ibankcoin.com/flyblog/2018/02/21/reminder-rising-interest-rates-good-stocks-really-good-damn/#comment-545624
Pigs will be slaughtered
Brilliant insight. I’ve never heard that one before.
You must have gotten your ass kicked a lot as a kid.
Actually, no. I’m smart enough not to get into fights I can’t win. It’s obvious that you lack those skills, but don’t worry, you’re still special.
Holy shit the level of criminality is off the charts. So now they are fucking down $UVXY and $SVXY? Where does it end, they are coming for your ETFs all over the place.
gorgeous photo
…plus, this bear doesn’t look like she eats dogs for no reason at all.