I need to run out again, because moving into a new state requires a lot of paperwork and adjustment. Plus I need to feed the family and my fucking car is in the shop and I am the designated driver.
These are today’s booked trades. Not all winners, but net net success.
(JNUG -1.1%)
NUGT +17.6%
(SNAP -6%)
TWLO +0.26%
MUX +16.1%
I added a few more today, one in retail — which has sucked all year — but I’m hoping for a turn. In the event you’re wondering why Le Fly doesn’t share his picks here anymore — it’s because they’re for members of Exodus only, exclusive access to the single best trader in America today.
My Quant gained 0.7%, lots of upside action in trading — America is fat, sloppy, and happy. Winning trade wars, Powell is an enemy, etc etc etc.
Can’t lose.
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Other than the fact that BTC is backed by absolutely nothing, anybody know why it dopped like an elevator inside of five minutes earlier today? ,I couldn’t find any news.
Maybe it was the fact that it hit 10k again and the algos hit the sell button. I guess that’s waht Wall Street means when they say that their HFTs provide “liquidity”.
What is with that car?
Get rid of it. There is no need to be a fancy boy in the South like in Jersey.
Get a beater Truck with a Confederate flag attached and that’s what will impress the folks as you go to the drive thru picking up your breakfast biscuit and Cheerwine/mint sweet tea.
I’m going Long-Duck-Dong here
You are a fucking southerner now? Your kids must be pissed as hell being forced from an educated northern city to a redneck shithole.
Cary, NC, is *in* the South, but it is not part of the South!
You are more likely to see a Confederate flag in Jersey and more than 1 in 4 adults over 25 (28%) has a graduate degree (compared to Boston at 21%).
In Cary, if you go to someone’s house and they offer tea, expect it served hot and without sugar (useless you ask for it).
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In less relvant news, futures are up because things haven’t gotten worse after Trump’s laters Tariff Twitter Tantrum. If you are keeping score, that means CHin has increased tariffsat least 4 times, 5 for the US. Also, keep in mind that the reason round some of the ater rounds 4 of US Tariffs was because China did not keep any of its promises during the prevoius rounds of negotiations (fetanly reduction, more ag purcahes, etc.). So all postive progress never materialized.
Based on this news, some people think the market should move to ATHs?
As long as the system remains near the end of times I am so grateful gold went sideways above $1525 yesterday and silver went up yesterday because gold continues to rest and silver springs higher today now I need to dig deep and grab more silver eagles.
Just out of curiousity, what is your exit plan (in all seriousness):
1) Hold forever
2) Sell at $x price level
3) Try to sell at top (momentum/technical charting)
Gold just hit a very strong resistance/ceiling $1550-1600 goingback several years (2011-2013). I think Fly’s NUGT exit yesterday was beautifully placed.
(I’m on record saying I’d go short at $1600)
So far, silver …which does not have such resistance, is moving in gold’s stead. Anyway, if you do short, I’d watch very carefully as the PTB will eventually funnel helicopter money to the eaters in order to keep their vassals in control of the levers – blowing away your ‘no inflation’ trade.
Not sure about your age, but take a look at 2009-2014 and tell me how much inflation falling rates and QE brought about then. (Or take a look at Japan over the last 20-30 years).
The only thing that inflated were assets (stock, bonds, real estate). That is why gold collapsed in 2012: the predicted CPI inflation never showed.
Remember, CPI inflation only shows up if the **consumer class** gets helicoptor money. Trickle-down is a fairy tale in a easy money environment.
You need to learn the definition of “helicopter money”.
My point is that – regardless of what the theory says – in real life the helicoptor tends to hover over houses and boats that have helipads,
Now if you choose to believe, “Mexico will pay for it” or “I’ll raise taxes on myself and cut it for the middle class,” “tax cuts always pay for themselves,” etc., then I can’t help you (and don’t really have an inclination to anyway).
I’M following a guy who shorted late February until May 31 when it went back over $1300 so I’m taking his signals to hedge my physical using DGLD or GLL depends how much cash is left.
TBTea time