This is the new narrative, fucked for brains. The old adage that stocks can’t bottom on Fridays due to a technical malady has been tossed idly into the river and out from it non-stop rallies. One could very easily bargain for prices on Thursday and simply sell them on Friday for free and easy money.
It appears another Trumpster, Roger Stone, has been thrown into the dumpster. If you’re reading this, and also American, take heed to the actors in the movie Bird Box and do not dare gaze at our government officials and never, under any circumstances talk about them. You’re offered zero safe quarter and will, most certainly, become a target for an expeditious de-platforming and imprisonment.
Nowadays, Le Fly ignorantly sashays throughout the markets in a most humorous and clownish demeanor, carefully crafting, in the most artistic of ways, a profile that is both pleasing and entertaining for our overlords.
People look up to The Fly for leadership and qualitative analysis, stock picks bestowed down from the heavens, dispatching the garrulous canaille into the third rail of public opinion — executing enemies with a frenzied malice from which the world has never seen. After I’m finished with my 40 ounce of malted liquor, I intend to crack the bottle over your heads — leave this place a victorious gentleman — whilst profusely drawing from my estate pipe packed with high quality Cavendish.
On this delightful Friday, hailing from a strategically important area of the country, Le Fly bids you a good morning and a most profitable occasion in the equity parlours — fucked faces.
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ECB softens …yet dollar down. Silver ripping as the debasement wars go into high gear.
I’ll watch silver since it has momentum but what will limit its rise is that the debasement is almost nonexistent. Expanding reserves and taking a few trillion of government bonds out of circulation may have a marginal effect on interest rates, but little else.
The market disagrees with you.
Yes most likely.
Fly what are you cooking today?
China is going quasi qe which will turn into full blown qe.
What that means is that the principle is dead and only interest payments matters. The market is terminal. Gold is the only money that will survive. A global reset got alot closer and likely a world war will need to settle the chaos to come.
Stone is a clown so arresting him is befitting of the Mueller-led clown show, therefore buy stocks if it’s Friday, and then some.
What’s funny is all these guys think Trump has their backs.
LOL Ace. Just how stupid are they? I see no bottom.
Six high level clowns so far. I would then wager that everyone in the administration are clowns, with many more arrests coming.
Pro tip here: buy GDX and WPM
Don’t do crap and just giggle at the day traders here bragging about their intraday 2-4% gain while not disclosing their previous 10-15% losses.
GDX and WPM min 50% gain by end of December in 2019.
A presidential administration indicted, convicted, and otherwise compromised and torn to shreds is a pretty good argument for safe harbor plays.
Bought some NUGT.
This is why I come here, I get good ideas…first Ferd points out the market opinion on QE. Then I posted the above comment to Trumpmeister, for a dig as much as anything, and I think duh? Buy some NUGT, dumbass. So I did.
Thanks for the blog, Fly. Great place. I know, you’ve been nailing it on Fridays. I should have known.
Market acting like it’s ready for a new president.
“MARKETS DO NOT TRADE LOWER ON FRIDAYS”
Maybe so. The INTC report was completely blown off, and chips rallied HARD for a second day.
I’m strongly considering a long VIX play soon, as the market is acting like solutions to the given issues (CHina, Brexit, gov’t shutdown, etc.) are already done. Can VIX get pulled below 17?
I’ll be buying UVXY if it does.