SHORT INTO FED SPEECH?

You’ve got to be fucking mad. These lunatics live to roast bears upon their spits. At 2:30pm today, Chairman Powell will be making a speech in order to RIG markets higher. Also, I believe Cadaver Biden / Hitler will be speaking too. His speech, however, will be retarded — because he is in fact the father of a crack head. I suspect Hitler will discuss seizing oil profits from American companies in order to fund the nazis fighting the Russians in the Ukraine.

For the most part, I am a long-term now — leaning heavily into insurance and large financials and semis, with a IWM hedge via TZA. I am vacillating between down 20-55bps this morning.

I see oil stocks are down on a day oil is barely down. Relax. Oil stocks were up 30% last month. The FUCK Joe Biden trade is on with vigor and oil is destined to squeeze his nuts to $150 by spring 2023.