I hope all of you are enjoying your hang overs. “The Fly” isn’t harangued by such issues, having foreseen his bodies hydration concerns, which he addressed accordingly. The same can be said about his stock market positioning, neatly tucked away inside of a gold mine aboard a floating ark.
Life could not be safer.
Good morning lads. There are a sundry of issues to worry about today, such as German 10yr yields plunging to -0.16% and the Swiss 50 yr now negative for the first time ever. European markets are getting hammered into glass and NASDAQ futs are down 20, which sounds very generous when considering WTI is down 2.9%.
Analyst downgrades are chock full this morning, as many cited BREXIT as a chief concern. NFLX was one of those downgrades this morning over at Needham.
I’m sure the market will square these awful things away by 3:30 and fucking ramp into the bell, or maybe not. Either way, I’m pleased with my positioning, which includes my one short position–recently featured inside Exodus.
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Stocks and bonds were both going up last week, something has to give.
Watch dollar vs euro.
I have been assured by our Service Help Desk and IT that the problem will be resolved in time for today’s normally scheduled 3:30 Ramp