It goes without saying, you DESERVE a claw-hammer to the fucking brain for buying the market on a -701k jobs print. Listen to me closely, more than you’ve ever listened before.
WE ARE GOING TO PUNCH THRU THE LOWS, and much much more. Life as you know it already changed, you just don’t know it because you’re living thru it and in a fantasy world filled with whimsical Fed-Bucks.
Markets are lower by 200 now, not much of anything to be honest. But I am looking at other things, more specific with debt and how the CMBS market is shredded to bits and pieces. I realize the Fed will end up owning it all, including junk and stocks. But for the sake of doing what is right and just, I am NET SHORT here and positioned headlong into an array of old man stocks — consumer staples — based off the idea the plague will never end and this is the end game, the egregious ending of mankind at the hands of Bat-Soup.
In the event that doesn’t pan out, I’m nimble and will quickly reverse course. But for now, I see nothing but dark shadows and traders getting HOT ROLLED AND STEELED under the weight of their mindless hubris.
The Texas Railroad Commissioner could not be reached for comment.
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Anything can happen
https://www.sovereignman.com/trends/theres-a-major-sovereign-debt-crisis-looming-27612/?utm_medium=email&utm_source=sm_notes&utm_campaign=notes&utm_content=20200402_crisis
Got my straddle. Gimme movement.
Watch those ETFs. Especially the levered ones. I wonder when the treasury would buy equity ETFs.
Boggles the mind.
Welcome to Japan.
Are any state Railroad Commissioners available for comment? Let’s not leave it to Texas alone. Doesn’t Arkansas, Mississippi, or Louisiana have Railroad Commissioners who can get on the horn with the Saudis?
Come on!
Not boolish?
Haiku time!
“Tesla”
Model S: good car
Overhyped, overpriced stock
Pychopath leader
1) Musk is taking advantage of a pandemic for marketing. He said that he would buy ventilators (needed) for NY, but bought uselss (and cheaper) CPAP machines that the manufacture said wouldn’t work
2) Musk kpet his factory open, increasing the potential spread of the virus, becuase he deemed it essential to public safety
3) Musk promised a sub for the trapped miners in Thailand, but when that idea was totally unworkable, he instead called the *actual* helpful rescuer a pedophile
4) Musk markets his driving-aid systems as “Autodrive”, even though the general public understands that word to mean “no monitoring necessary”
5) Instead of fully testing the Autodrive features on closed courses, Musk takes the Boieng approach, and puts the genral public in danger with untested systems. I don’t think any other automaker has **any* deaths due to their driving aids malfunctioning, but Tesla has had several (a dozen?)
Conlcusion: Musk is a psychopath
Prideful traders will be given the Longshanks treatment, Mr. Fly.
I guess we’ll see about that becuase I’m heavily short oil stocks now.
Of course, with prideful leaders on the other side, the cosmic karma is balanced
The $VIX is collapsing. This is not because we aren’t going lower (‘fear index’ is a misnomer). Rather, the VIX is collapsing because there will be no volatility in this next move. We are going to cut lower with the clean precision of a high end knife.
Didn’t you give up blogging on this site 4 years ago? Your crystal ball suddenly started working again?
It was 5-6 years ago. I had finished with an oil trade that went horribly wrong and then I’m afraid the quality of my writing suffered greatly; not necessarily from the oil trade so much as I was wrapping up graduate school and the only good stock idea I had was “buy and hold any index and don’t pick individual stocks right now”.
Agreed. The minefield is cleared (well except for the collapse of yet another one of Trump’s potential deals: NK, Iran. Chian, now oil), so that is good news
Unfortunately the promised help won’t be enough, so the patient will still bleed-out.
You’re scaring me!
Range bound is the new collapsing.
It was only 2 months ago that bulls would look at 1.5% down as a “crash”.
Now we are down 5% since the EoQ crunch, and bulls are content to boil in the water without a care in the world.
And flat since the 16th. We playing the arbitrary start date game again?
I’m down 15% from high watermark mid Feb. would honestly love to know how that compares to those who called the pandemic and subsequent crash.
+7% since high water mark.
Down 5% since Feb 1 – I’m a simple man so I only do a first of the month check.
You to. Damn.
There is no hope. Fortunately for me, I’m a skilled fisherman and falconer who can harvest food as needed. My Labradoodles are now trained to kill small animals and any virus-riddled NYC idiot (Cidiot) who crosses my property line, save those who carry rye bread. The market has a trapdoor waiting for the arrogant and prideful. Step up and meet your fate.
BTW… if you haven’t watched Gov. Cuomo give a press conference.. do so. That’s a freakin leader.
cidiot here. i wanna be you when i grow up dude.
WB sold airlines and I am long, also long energy, BAC, WFC, BA call(reload), casinos.
Let’s see if world’s biggest casino goes bust Monday?
Expecting COVID carnage to ease Monday, at least in Europe if not in NYC.
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