Who the hell is buying this rally, with bonds getting cremated like this? TLT is down a hard $2 this morning and no one seems to be concerned about that. See, it’s not the fact that rates are going higher– but the manner in which it’s happening. I don’t like it, not one bit.
The rally is much less than I had anticipated. I envisioned deformed men, stuffing whole biscuits in their mouths, while executing market orders for their favorite stocks: gluttony. Instead, we are getting birds, pecking away at the market, defecating on it when they’re done.
As of now, I’ve made back half of Friday’s losses. More than that, we are slowly but surely weakening. It’s getting dicey out there.
The good news is Japan. The NIKKEI soared last night, which bodes well for stocks like MTU, NMR and WETF here. It might be a good time to get back into Japan.
All in all, the market is higher, so I’m happy about that. However, I don’t like the tone and wouldn’t be surprised if we sold off throughout the day.
Nevertheless, I am 125% long.
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I can’t believe helicopter ben was still available
Get your iBC registration names now!!!
I’ve been such a loyal member, I respectfully request on my upcoming birthday that I received 1 bottle of 2007 Bodegas y Viñedos Ponce “La Casilla” Manchuela
RBCN has been on a tear lately. Almost a double.
yes..I see it as well…sold out at 8.50..too impatient
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Hi.
Just wanted to see if I am considered
a degenerate or pervert.
thanks very much for accepting my application to post comments-i go to Zero Hedge for education and come here for education AND entertainment