We’re down about 1,000 Dow points again, third time this week. The 10yr bond is down a staggering 12bps to 1.17%. We are in a world of pain here, as markets cannot catch a bottom. The words coming out of Washington mean nothing to people being liquidated for leaning heavily long. The easy money fueled by debt is being unwound very violently now and respite is what is needed.
Will the Fed be able to deliver again?
Will the coronavirus cessate a little or pause? These questions will be answered soon. Until then, the fucking casino is on full tilt — fucking people for their coin.
My trading account is 65% cash.
My closed trades for today so far.
See pal, that’s who I am. All of the smart people who signed up to Exodus got those picks. Did you? Did you?
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