I sold FAZ for a 4% gain and YANG for a 3% loss. All in all, they helped me sleep better. With stocks up nearly 500, I am 100% confident that every single fucking bear will die today. These words will not come back to haunt me. Write it down and make sure you follow up on what I am saying now.
Because Exodus was oversold on Friday, I am obligated, whether I like it or not, to allocate my 20% cash horde into SPY. I did so this morning at $262.43 and will hold this until next week Monday, win, lose, or draw. Remember to write down everything that I just said and be careful not to trip on your shoelaces and fall eyeball first into an upright standing pencil.
The bigger picture is the breakdown in the dollar. This is a total breakdown and anyone traveling overseas this summer is completely fucked. I mean, it’s gonna be really expensive.
Over in my trading account, I bought some SOXL. The Trump administration has a loaded gun to the heads of China, forcing them to buy more of our semiconductors. I like this trade and I am buying it below my recent sale prices, which was purchased during the previous oversold cycle.
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Welcome aboard. Glad to have you.
Welp, I’m outta here.
BACK IN!!!
that video is degenerate AF
In a more perfect society we capture everyone that upvotes that video on YouTube and send them to reeducation camps.
FB taking a beating
Couldn’t help it – long FB
The market looks horrible – for bulls. Looks like the correction rally ended about 20 minutes after it started.
We’ve defintely entered a real traders’ amrket (ie, out of the rookie BTFD strategy)
Today’s market is a DEAD CAT BOUNCE. Non FANG stocks
like X and FCX have barely inched up.
Fly, you are zigging and zagging all over the place.
You are behaving like our Molester-In-Chief.
They ALL asked for it.
Exodus oversold means we get a bounce
Just added some SPY at 260. We should get a nice bounce from these levels.
In case anyone still speculated that Trump had any balls at all when it comes to standing up to the neocon warmongers, his capitulation to the deep state in expelling Russians should end that notion.
After repeatedly humiliating the Russians, what happens the next time one of our NATO “allies” accidentally shoots down a Russian fighter or some such? Can Putin afford to be chill like he was last time? Or will the politics of the matter demand he strikes?
This also could be Trump’s “crazy ivan” maneuver. It’s possible and it cannot be ruled out,
https://tinyurl.com/y8k5qdey
Does it matter? Our humiliating the Russian people is what helped to make Putin popular. He cannot afford to appear weak in light of our lemming-like idiocy.
Separately, check out CNN Fareed’s war propaganda special about Russia/Putin released yesterday. …it’s complete with lots of goose-stepping.
Expelling Russians is a stupid move on UK’s and USA’s part.
1) It sends a very public message, so it will increase Putin’s support among RUssains as Ferd says
2) It does NOTHING to dissuade / cahnge RUssai tactics (election interfernce/ assasinations on foreign soil,, chemical weapons, etc.)
The West needs to sanction Russain, or even better, go after Oligarch’s assets/accounts. If the West was serious, they would stop banks like Douche Bank from wokring with Russia. However, the 1% in the West makes a lot of dough from Russain transactions.
That sounds like someone in denial that a hole was just punched in their tennis racket. And they still think they can swing the same.
“bears will die”
“mark my words”
“it will happen this time”
“darn you it will happen, ill never have to say this again, because it will happen”