iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Something Happening Here

To be short is to be brave, but will the market attest to your bravery? No, for the market hast no concern for the virtues of man. It is merely a mechanism for organizing people to exchange goods.

People want stocks. They want banks, websites, clothiers, scientists, and much more. They want investments again. Not for today, but tomorrow when their hands can no longer work.

The market is doing its best to fulfill these wants needs. It’s a need because it’s an adult responsibility.

Before today happened I was expecting sellers to show up and round robin us back through the wretched chop. Perhaps everything being shown to you and me right now is a lie—a convincing lullaby to heavy our eyelids. It was always a popular play, but here we are.

Here we are at contract highs on the Nasdaq, and bulls came with heavy artillery. At one point around 1052 to 1231 (depending on your source) NYSE stocks simultaneously ticked higher since March 18th. If you recall, March 18th was a Fed day. Today was different, no news, just an exuberant release from compression, a consumption jubilee.

Now gather a bowl of kale chips (or genetically modified popped corn) for our leaders are set to speak. Bezos, Schmidt, and Nadella. Our life is in their hands, dude.

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7 comments

  1. UncleBuccs

    Raul – I’m so glad I listened to you, re. my short SBUX idea. Today’s candle would have been an absolute dagger to my essence…

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