My UVIX hedge helped me this morning to FEND OFF THOSE FUCKING LOSSES. I closed everything out and just own BTC and I am happy to be flat for the session. I see the market is attempting to move from left to right up — but I am not impressed, nor will I be fooled.
The US 10yr has completely busted loose +12bps to 4.19%, which means it’s really over this time. WTI is up 2% as the fucking catamites in DC bungle about attempting to defeat Russia inside Russia. The NYT reported that Ukraine has dropped NATO war tactics after losing 25,000 men in their recent offensive — basically taking human beings and tossing them into fortified positions without air cover and without enough ammunition.
It seems, the US is fighting both Ukraine and Russia and winning! But to be honest, it’s cowardly to inflict this sort of misery onto a people. I am sure the Ukrainians might prefer to actually live rather than die in a ditch.
The basic principals of Darwinism is at play here. You, as a smaller nation, do not fuck with a bigger one next to you. If you do, there will be kinetic ramifications. If you are unable to deal with those ramification YOURSELF and without the assistance of a pimp — you place your entire people in danger. They have placed all of Ukraine into mortal danger by attempting to suck American dicks in DC.
Back to markets, I might trade a little this afternoon to make some money — but I do not trust this tape — not with yields soaring like this.
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