It’s all over folks. Markets are off by 500 since Powell opened his fat trap yesterday. It appears we have a stand off here and someone needs to blink. Either Powell slashes interest rates, his wrist, and re-introduces another round of QE, or this market is going to belly flop off the pavement and into an inferno. There’s nothing more to be said about it and that’s that.
My oil patch plays are treating me like a pig on a spit, only faster. I am being cooked fast and with a rude amount of seasoning. The apple in my mouth is bitter and disgusting. I don’t like this. I don’t like this, not one bit.
Also, my inverse ETFs are also down — because why the heck not. It’s all there mate. It’s in the fucking prospectus. Didn’t you have a look?
The Nasdaq is holding up for now, which is why the SQQQ is lower. But not for long.
Enjoy the balance of your days and be sure to tuck in your kids tonight, for a storm is coming and it’s armed with cock-chopping guillotines, designed by malicious men who are testing the new Chair Powell.
We need a bull market Trump tweet now. That is literally the only thing that can save us from damnation.
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What if you don’t have a cock? Will a chicken do?
I was tracking endgame through January with the glaring-scripted vertical final surges. Everything since then has been congruent, with that endgame. Most of the last couple weeks was an expected ‘trick’. Everything has remained congruent with a commandeered-contingency stock market. A stock market being held by the losing side. As contingency.
Yes. The losing side has held this market on a 10 year bull cycle. Literally fuck your own face.
I said the indexes were controlled 5 years ago.
I’m agnostic here. I’ve been prognosticating the FED bombing the market once goy Powell steps in and becomes the fall guy for implosion of markets. I’d say not yet. We’re going sideways and waiting for EU/Asia to implode as a result of Powell’s interest rate hikes. EU is beyond repair, all Draghi can do now is keep buying bonds and printing digits.
Possibility of forcing Powell’s hand, but they already had a very-reserved 3 hikes planned. I still think the leg they started Sept. 4 which practically went vertical was the signal of finale. (could mean sideways a bit) Draghi and Kuroda are most likely just tagging along for the moment
The market is down pennies from 400 and you make me laugh. Thank you. Don’t die before me.
I won’t. I’m immortal.
Buy some Yen and hide out in money markets.
Qid,faz,tza is about as exotic as I want to get these days.
You’re going to make some money on $ECR tomorrow!
I like the MUH chart
Nasdaq is wacked out cus of tech nerds like bitcoin. Bitcoin massive dead cat bounce lifted nas. Rut is the runt as credit blows up.
Loading up Oz$ big league from here all the way down to .77 if it can drop that much tonight.
Also I went flat on the remaining /NQ short at 6870 earlier; not too shabby for a 120-point gain in less than 72 hours.