Playing my part in bringing forth the deflationary vortex to America — I stepped in and bought some TLT.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts
Same here….Now I’m scared
That is the trade of an old man looking to move south.
Yep. I’ve lost almost everything I made yesterday. The end of the bull is near.
Bought a few SPY Dec 2021p. First of many.
You jinxed us with the stocks don’t go down on Fridays.
Your big white candle is being Lovelaced.
I’m being Reamed.
TMF is a 3x version of TLT.
The smart money bought Treasury bonds on Wednesday.
The FED has decided not to raise short-term interest rate, right? The market had other ideas. Check out 1-month bills: they are at a multi-year high (2.51%). Why? Because investors know that 1-month isn’t enough time and are selling those for longer maturities.
…I thought I had more time…
That’s tradin’. We are clearly in the chop phase, on our way to the bear. Very hard to trade. Best bets- some NUGT, TMF, leap puts, and patience.
Any longs will be quickly sold for gains or loss cutting. Shorts will be similarly tricky.
Sold last today expiry puts …market usually does all its moving on Friday morning and trades narrow in the afternoon. Who knows – eh?
>> Stocks Cannot Go Lower Now — Nothing Can Stop Us
No wonder you still have to sell “Exodus” memberships to make ends meet after all these years.
JFC. T-rump wants to place a Larry Kudlow clone on the Fed board.
Last time I was in the Ark my section got flooded, I got kicked in the head by a donkey, and a goat ate my hat!