Morning lads.
I just got back from walking my coyote and my fingers are frozen and feel like they could snap off at any moment. I lost my leather gloves and can’t get myself to put on another pair — so here I am with frozen fingers and all blogging away like the true professional that I am.
There’s much to talk about this morning, but nothing is as exciting as seeing the total and complete destruction of Bitcoin. Granted, I have some money wrapped up in SHITCOINS, but it’s hardly enough to upset me for more than a minute or two. The overarching theme here is avocados rolling on the floor and the hipsters who were previously holding them tripping and breaking their necks.
BTC is at $8,870 -9% and ETH is at $685 -9%.
Meanwhile, Dow futures are +150 and Nasdaq +50 on blowout payroll numbers.
February Nonfarm Payrolls 313K vs 210K Briefing.com consensus
Those numbers just caused a massive spike in futures, which should lay waste to my SQQQ position.
What’s especially noteworthy about the jobs gains is they were matched with lower than expected hourly wage gains, which is less inflationary than expected — all super bullish. It’s both awesome and amazing and we have no one else but President Trump to thank for it.
Average Hourly Earnings +0.15% vs. +0.2% Briefing.com consensus
Bigly.
If you enjoy the content at iBankCoin, please follow us on Twitter
And how about them Rippleshits? Not too far down behind the rest of the crypto team, eh? There goes another successful CNBC pump’n dump episode; just last week…
Shouldn’t tlt be bouncing with that low inflation note?
the lefty/undemocratic-democrat neo-con warm-mongering neo-CIA-intelligence-agency-enthusiasts are left grasping for negative-Trump straws while spinning the N Korea-Trump meeting to avoid a nuclear holocaust as Trump being played by Kim Jong Un
it’s lame but that’s what they’re going with and the idiot populace on the left just might go around repeating such inaneness
Still holding SQQQ? NQ made a new all time high today.
I told you all last month the jump was due to jump in minimum wage ($2 at fast food franchises in NYS). Not a sole on TV talked about it either.