There’s always a different narrative driving prices. It changes all the time and if you’re not paying attention to the latest flavor — you’ll be out of the loop. Because of the US-China trade war, traders are looking for signs of Chinese retaliation — which is most easily seen in the USD/CNY cross. When the yuan depreciates, it’s viewed as a manipulated affront in the trade war — which is not exactly true — but oh well.
Starting out the evening, Dow futures were -500. Now we’re barely down 100 and trending up. Truth is, whenever you get these really dire overnight sessions — they always rebound.
If Yuan drops, so will futures. For now, I’d expect markets to drift into European trade. I do not think this move is overtly bullish, however. These overnight jerk off sessions are filled with retards playing from their pajamas. We could fucking tank thru the god damned floor boards tomorrow morning after another Trump tweet. Kyle Bass is suggesting Trump is going to seize assets from members of the CCP. Who knows what could happen next?
All I know is that the trend is now lower. This might change — but we should respect it. Just because futures battled off the ground does not mean we’re going to have a gangbuster session tomorrow. Be careful of the misdirection.
In other news, I just got back from NYC — walking my kids and wife around — dining and shopping like fools. I bumped into iBC’s VINCENZO ILLUMINATI in the Sky-Walk and had a pleasant talk amidst some perfect weather happy moods. Incidentally, I used to host iBC employee dinners in NYC around this time each and every year, up until 2015. We used to eat well and drink heartily and cap off the night with cigars.
On the Lyme front, BIG ASS rash has developed. I’ll be going for a blood test tomorrow morning. I do not need the test, for I already know that I am cursed and have the most debilitating form of Lyme in existence.
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Here I am, trying to figure out how Crosby, Stills & Nash have anything to do with the futes, and then I see you mention The Southern Cross and it all becomes clear.
Great song!
____
Retard here.. wanna play some Dota?
China is in war mode. I don’t know if we’re just going to slap a few backs and carry on as usual this time around.
the narrative is there from eons
the fed “we ‘re watching”
collapse is not allowed
the rest is futile..
Good luck at your appointment.
Sky Walk?
I think that is the same as the High Line in the Meatpacking Area.
I always thought it a bit weird but they are selling multi million dollar units along the High Line (can see some of the projects from there) and people can literally look into the units to see what you are doing.
I too was in Manhattan last weekend but spent most of my time going from park to park with the grandkids. The Bronx zoo is always a good time.
But prepare yourself for the move South, Fly. They can’t make a good pizza or bagel down here.
https://drudgereport.com/flashtx.htm
Have y’all read the El Paso shooters manifesto?
The guy was no dummy and while his non-solution solution, i.e. his actions are obviously despicable, he imo is correct about many things.
Regarding the USD/CNY cross: a very interesting and informative thread.
https://twitter.com/BaldingsWorld/status/1158510203920244736
Fly, thought I had Lyme disease several years ago. It made sense – rash was a picture perfect example of the Lyme bull’s eye, had recently been out in the woods playing Army, etc. Resigned myself to my new dark fate and accepted it. First Army doc said Lyme disease immediately and ran some kind of test. Turns out it wasn’t Lyme and went away in a couple of weeks. Army medicine is a clown shoes organization. Anyhow, don’t freak out just yet.
“ran some kind of test”
Please note:”In the first three weeks after infection, the test only detects Lyme 29 to 40 percent of the time . (The test is 87 percent accurate once Lyme spreads to the neurological system, and 97 percent accurate for patients who develop Lyme arthritis).”
Fly, I know people who have permanent arthritic symptoms and I have a nephew with half his face permanently paralyzed because it wasn’t treated soon enough.
If you have the rash, GO ON THE DRUG NOW for at least 21 days.
I mean, I wasn’t offering medical advice. He should listen to his doctor. Merely relaying that though I 100% thought that I had Lyme disease, I don’t.
The reason for the early inaccuray is that the test *doesn’t detect Lyme disease*. It detects your body’s reaction: antibodies formed as defense. So the longer you have it, the more antibodies are formed.
Also, I’ve done enough outdoor activities to have pelnty of ticks (probably average 5 bites a year), usually detected within 3-6 hours. They get infected about 25% of the time, usually an itchy red spot about an inch in size. Stays itchy for days, but never a bullseye (fingers-crossed).
I assume you’ve read this: https://www.cdc.gov/ticks/symptoms.html