Only fools think the market is going up now — absolute cave-apes, absolutely.
Data out of China suggests (dot dot dot) LOWER PRICES.
A measure of positive breadth in the Chinese stock market is approaching its mathematical limit pic.twitter.com/BYevID1Wwd
— David Ingles (@DavidInglesTV) March 6, 2019
Nasdaq futures are off by 18. Sure, my longs will shed value tomorrow — some of which are negatively correlated to the market — so I might get lucky. But I’m smartly positioned in SOXS, TVIX and TZA.
What the fuck are you positioned in — bank stock calls?
Why am I short?
Well, because we could not break past $175 on the QQQs and because today was a behavioral shift in stocks — marked and noted by three down days in a row. I suppose some of you have a mind for this sort of thing — but, regrettably, most of you are sub 100 IQers who move on instinct — see shit, break something, fuck something, burp.
I spit in your general direction.
Ladies and gentlemen, the President.
Trump just called Apple CEO Tim Cook “Tim Apple” pic.twitter.com/gTHHtjWvc9
— Sean O'Kane (@sokane1) March 6, 2019
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Surely you mean fart.
As long as GLD falls, all is well. Make DUST Great Again.
My concern with DUST is that it could be bought as a haven against financial armageddon, which some will likely do. Nice move today though.
Gold could be bought. Not DUST.
Gold bugs will always be evaporated…
Eventually. Like a burrito stock, gold is only a trade.
They could do another 2800 visit. You got the overnight team (boj usdjpy et al). You got the intraday pivot-manipulation. They’ll toy here probably. The inflection will be another triggered plunge.
You’re too early.
Gold is broken. Move on.
I am not early. I’m in the zone.
I didn’t watch the video clip. The pain of watching @therealOrangeBuffoon is getting to be too much to bear.
Every time Trump talks, my view of him goes lower. I’ve reached the limit and have no room to go lower. Hope he doesn’t say anything for the next 18 months.