I had a 2 hour walk with my dogs this evening, through the woods — attacking feral animals and random people. They came back covered completely in mud, as well as myself. These are some of the things I like to do when I’m not flying in my space capsule.
The overnight session is soft and it certainly looks like we’re barreling towards perdition. The Trumptarded market can’t stop tripping over itself and is bound to have a fantastical conclusion. If it trades up tomorrow, fade it. If it gaps down lower — get in on the momentum train lower and short the shit out of stocks — because margin calls are just around the bend.
All faith and confidence has been removed from the market. The FAANG trade is dead and Jeffrey Bezos is one tweet away from being arrested by order of the President. There is political risk in the tape — something we haven’t dealt with since Bush the Idiot kept attacking oil rich countries in the Middle East.
It’s a slow day and spring is here. Email me at Flybroker at gmail.com for your FREE Exodus trial — no strings. It’ll last for 3 days and then you can either join the league of distinguished gentlemen (membership does have its privileges) or be killed. The choice is yours.
Good nite and sleep tight.
If you enjoy the content at iBankCoin, please follow us on Twitter
Where’s the first “WE’RE OUT OF CAPITAL” gonna come from
Small banks for sub prime loans
If yellen is butterscotch, Jerome is black liquorice.
You know nothing.
We’ve had political risk to deal with since Nov 9, 2016.
The only thing that has masked it is give-aways to the investor class through lower taxes and regulations. Too many rich Republicans don’t understand that increasing economic disparity is not in their own long-term best interests.
What about the rich Democrats? Do they understand that increasing economic disparity is not in their own long-term best interests?
Another question for you…
If I told you that you can walk over to any ATM and enter a 4 digit code and $1,000 would come out, the money you receive would come from the government, and you could do it as often as you like with zero risk of getting into any trouble, would you do it? How many times?
There are problems with many Democratic ideas. However, it would be hard to argue that those ideas increase economic disparity.
Also, welfare comes in amny forms. Corporate welfare is a bigger problem and more expensive. So the answer is: lobbyist for corporate America never walk away from the ATM.
Still boggles my mind how people can call the govt seizing slightly less of my money a “give-away”.
“Slightly less.” Right.
http://ibankcoin.com/flyblog/2018/03/31/happy-easter-president-trump-issues-bearish-analysis-amzn/#comment-548287
All of this Jeff Bezos stuff is just Trump trying to take the spotlight off of Stormy Daniels and Karen McDougal. He’s desperately trying to change the conversation.
When I think about news, I ask myself, “How will this affect me and the average American?”
– Karen+ Stromy: not news, already know Trump is sexist scumbag
– Russia elecetion collusion: smoke, specualtion -> wait for Mueller
– Russia hacking our power grid: Big news, tell me more! Even left-wing media has already dropped this story already, WTF? I guess becuase Trump can’t be tied to this.
In other news, futures and BTC are up, so we’ll get a morning bounce. The trend has been to fade the bounce, so maybe this time it will be different, but I still expect the next four days to end net red by ~2% (making it 4-5% loss for the week).
You’ve got to assume that every country that we jerk around and which has the capability, hacks our infrastructure and has contingency plans to fuck with us. That Russian intrusions were the ones chosen to be reported on in our MSM outlets is due to the fact that it fits the neocon/warmonger/MSM narrative – – ‘Russia/Putin is the boogeyman and we are their victim.’
As for “waiting for Mueller” …yeesh, Mueller may be a relatively nice player …I don’t know him ….but he is a player and will do what fits the moment. Truth is not the guide. How do you people think that people rise to that level in the system ..by being boy scouts?? He knows shit more damning about our recent history than anything there is to find about Trump having financial ties to Russians. And Mueller has helped cover those thing up – – at least through his silence. All such people do what they must to keep the flock calm and maintain the system such as it is.
Spotify (SPOT) direct ipo listing today. Get your buy orders in.
Net income is negative for the last three years, which makes the business difficult to evaluate. More siginifcantly, expenses are rising at a faster rate than income, so it seems that the business model may be unsustainable.
Consolidated Statement of Operations Data: (2015 * 2016 * 2017)
Revenue
1,940 * 2,952 * 4,090
Net income (loss) attributable to owners of the parent
(230) * (539) * (1,235)
Assume crash possition.
Fed replacing libor. Is apparently crack for the market.