iBankCoin
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
19,445 Blog Posts

The Global Deflationary Vortex is Here

On a global scale of epic proportions, the deflationary vortex is back. Look at bonds in Austria, Germany and Switzerland. LOOK AT THEM.

Now look at the Italians. We have divergence.

Futures are sharply lower — but I’m twisted in knots over the simple fact that stocks do not trade lower on Fridays.

Here are all of the Fridays for 2019, thus far.

Nasdaq % change

3/15 +0.76%

3/8 -0.18%

3/1 +0.83%

2/22 +0.91%

2/15 +0.61%

2/8 +0.14%

2/1 -0.25%

1/25 +1.29%

1/18 +1.03%

1/11 -0.21%

1/4 +4.26%

8 up Friday’s to just 3 down.

In other news, Maria Bartiromo interview Trump today.

Same China FUD news.

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3 comments

  1. ferd

    Bought XHB puts expiring today and April monthies

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  2. therealfly

    It hurts my brain that the Giant Cheeto still does not grasp what a tariff is, and who pays a tariff.

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  3. rigged game

    Fly, your “big-assed white candle” from yesterday burned your butt.

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