Does anyone actually believe China will not smoke US markets over the weekend with a retaliatory strike across the US farmer’s face? You need to think about the percent of goods being taxed. The last salvo of tariffs by China represented more than 30% of all US exports to China, whereas our taxes only represented 10% of Chinese goods into the US. If Trump was going tit for tat, the next tariffs proposal would be north of $150 billion.
Due to the Asian culture of saving face, there’s a greater chance of XI killing himself over the weekend than him sitting on his hands letting the great orange ape shit on him with a $100 billion slap.
My sense, buyers will try to bid this tape, but will fail. Sunday night will be a massacre, followed by a full blown Monday morning rout.
Because these are my distorted beliefs, rooted in some sort of mental malady of mine, I stepped into the FAZ mobile here for a quick spin.
NOTE: If you read this post and buy stocks anyway, you will die in a fire this weekend.
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This could be good. Finally some action. Currency war next. Hot war after that. Things are good. Gold/silver bitchez.
I clicked on that mongrel pos 69 just once. And now even the look of s/he triggers me.
There are no genders …no she, no he. Get with the program gramps.
I concur. Face and music is disgusting… Satanic.
Your timing is sublime…
China will be into some butt stuff this weekend
There’s a huge risk premium for holding overnight. Especially on a down Friday.
If you sold before every close, you’d have made ~$0 in the last 10 years.
I’m a lot less confident buying a bounce into the close.
I’d love to buy a crash into 4pm.
This is a different market.
2 out of the last 4 weeks, and 3 out of the last 9 weeks we’ve had a Monday crash (Nasdaq bottomed down 3% or more).
We had two Monday pops above 2%, but both pops served only to cut the previous week’s loss in half (-5.17% -> 2.47%, -7.31% -> 3.84%)
Pls Fly no more 69
The beatings with 69 will continue until morale improves.
6IX9INE would make a great guest for Jimmy Kimmel
That man/woman’s face and music well represent the moral decline of America.
Perfect musical reflection of our times.
Listen to me – we get a nasty close, another washout into Monday AM that takes us below this Monday lows. This gets the bears shorting into the hole and then we bottom before noon. #TIMESTAMP
Benny hill ain’t no shill
I can see that happening
The emini push to new lows below 2620 on a volume surge was the mkt telling you to get short for large gains. My sincere hope is that at least a few of you scoundrels were with me in that venture. If so, may I suggest you celebrate you winnings this week-end with succulent lamb chops en-crust-ed with garlic and rosemary? I plan on it.
The FED wants its money back and Trump is not in the same way of thinking. The market will now cast some votes. Suprizes on the weekends coming back into vogue is not good.
Last time you bought FAZ we rallied. I expect a pathetic bounce next week, maybe a bit more if Larry Kudlow/Munchin can walk Trump off the tariff tweets for a couple weeks.
I’ve put on reverse contango butterfly otm call & put spreads because who knows wtf will happen over the weekend, either way ! 😉
Nice move! That trade never fails!
Clown rap
I’ll be the contrarian then.
wow that 6ix9ine! Made me look?? Catchy tunes even while I am in the middle of learning Verdi’s Requiem 🙂
Everyone is freaking out Armageddonning so that makes me wonder . . .
Fly …”My sense, buyers will try to bid this tape, but will fail. Sunday night will be a massacre, followed by a full blown Monday morning rout.
Because these are my distorted beliefs, rooted in some sort of mental malady of mine, I stepped into the FAZ mobile here for a quick spin.”
Yep