You must be wondering with less than 50% of stocks higher for the day, where the heck were the gains? The Nasdaq rose more than 23, with both the Dow and the S&P lower. Do not fret, for Le Fly will show you exactly where the money went, which, incidentally, is the same place its been for several years now.
While everyone else suffered, the greedy FAANG lifted by almost 1%. All that matters in this market are a few handful of stocks — just like real life where only a few elite people are important. The rest of the market could burn in hell, as far as the Nasdaq is concerned.
Banks bounced, but no one cares.
And, lastly, That Fag Pub continues to show why it’s the favorite locale on Wall Street these days.
Personally, Friday’s purchases netted just 0.15% today — which is wildly better than the SPY. That is the stated goal, so I’ll take the win. I do not care to compete versus the indecorous FAANG or Nasdaq index, due to a depressed sharpe and heightened risk profile. Any man of property and leisure will tell you, first and foremost, that any investment strategy worth its salt must be both productive and risk averse. While Le Fly, aka Señor Tropicana, had been known in the past for river boat gambling, and acting a fool amidst the Third Estate in the marketplace, I am a reformed man and do not care to partake in tomfoolery anymore.
Signing off for now.
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Hey Dickfeeders,
We’re not scared with your 9-four vix
Bears are not scared with your 9-four
Who should be scared, bears, or bulls.
Despite conventional wisdom, And the
Desire for us to be so, We are sitting
On the mountaintop looking at the view
You created
Bulls should be shitting bricks and
Praying: you don’t have to eat them
How do you figure? The market is at an all time high, looks like its done nothing but go up.
Could you really be indictive of the avg american’s understanding of boombust cycles, bubbles, and peak extremity valuations? In this case, SCAMS?
–
They used the final 2 hours of trading on friday to go from 9.75 to 9.35 vix. A 4% move at full alltime historic limits, in 2 hours, without news headline impetus. Lol Hilarious. Hilarious Lol. (….oh a steady-rate decline pattern)
That’s by programming, that’s by design
Apparently, my dark pool is doing better than your dark pool.
indicative
How longs it been Showtime, How long have you been wrong/Calling the market top?
We’ll need to worry when you stop calling top.
Misinformed
I made topcalls in 2012-2013 knowing the entire thing was manipulated. That was not part of my commenting at the time. I didn’t even regard ZH as relevant until start of 14. We all turned out right. ZH turned out to be the biggest best central log of central bank and shadow wall st games, tricks, and machinations anywhere.
I said in Feb, they were cannibalizing the Vix. That clearly was the correct read. Correct narrative as well (lowering vs. cannibalizing). Timelines change. Understanding of timelines change. I’ve changed with them. The outcome has remained the same
Okay. So what have you been doing? Shorting the market the whooollllllleeeeen time? Just bitching.
What’s the day and life of Show time look like? What are you holding
There is no trade better than short VIX. VIX is lower than any point in 30 years now. $XIV is at all time highs and goes up even when VIX is up.
you’re not the only one thinking that:
… the investor sold 262,000 VIX puts expiring in October, with a strike price of 12. The trader then used those proceeds to buy a VIX 1×2 call spread, which involves buying 262,000 October contracts with a strike price of 15 and selling 524,000 October contracts with a strike price of 25.
https://tinyurl.com/yb3gu7xs
Exodus predicting the future again with IAT oversold last Thu into Fri.