Yes, it really is over. I should just end the blog here. But since I feel like writing, I’ll jog on.
First stats:
MTD losses
QQQ -6.66%
IWM -7.1%
YTD gains
QQQ +34.5%
IWM +5.8%
If you just ignore the robber baron’d Nasdaq and looked at the overall pastiche of the market — according to Stocklabs “all stocks” are up 0.05% this year. Areas of the market stuck in a bear market include the following:
Auto parts -28%
Drug Stores -28%
Solar -27%
EV Charging -27%
Cannabis -22%
Banks -20%
Fortunately, the stocks that have risen are mostly larger capped and/or high volume trading stocks that trend on socials, which has helped investors pick better in 2023. If I had to guess, I’d bet people are doing well in 2023 in spite of the overall gloomy outlook.
For the month, however, we are seeing a much different tone to the tape — as all stocks are getting lit up again.
Month to date, the only real large cap stocks doing well are LLY +20%, VRT +30%, TPL +26%, $X +22% and a sundry of bric or brac. The fact of the matter is, and this is not broadcasted on the tele for your viewing, NATO is losing the war in Ukraine. This has been my assertion all year, in regards to the positive or negative direction of markets.
When NATO appeared to be giving Russia problems, stocks rose. Now with the Ukrainian offensive bogged down and mired in massive losses — the neocons are elevating the conflict and bringing us another step closer to direct conflict with Russia.
The neoliberal/con idea from day 1 has been to neutralize Ukraine in the least expensive place in Europe, in order to prevent them from attacking all the way to Paris. These people have Hitler on their brains 24/7 and keep Saving Private Ryan on loop in their disgusting homes. Taking out a mostly white and orthodox Christian nation is of course on their bucket list. To do it inside another white orthodox nation is like hitting the lottery for them.
Alas here we are again, with the worst people to ever walk on American soil pressuring the geriatric to commit more US resources into Ukraine for the express purposes of “Stopping Putin.” I’m afraid because of our actions the past year plus, we might very well be past an amicable negotiated settlement and have created an eternal enemy who now just wants to see the NATO/American hegemony end aka Pax Americana.
With this ending, you can rest assured stocks will not like it one bit. A loss in Ukraine now, after going all in against what the world views as close to a peer power, is a humiliation. The people who operate our shitholes are accustomed to inflicting humiliation rituals onto others, not receiving them.
I hope you can appreciate the perceived danger here, with flawed and weak men/women leading us out of spite and malice instead of grace.
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I do not understand this blog at all.
I do. It says “Quit fuckin’ with Russia and Putin, and slap down
the USA’s Military-industrial complex.
My suggestion is to slash the military budget by 25% every year
until it gets down to 200 billion per year.
I’m afraid you’ve understated the danger we’re in. The very criminals who arranged 9/11- or at least let it happen – have direct control in this administration. Their 9/11 gave us 20 years of the PNAC wars. They have committed other crimes – as in their censoring and conspiring to censor speech so that they could install compromised and controlled president and have him start a hot proxy war with Russia.
What will the DC mob bosses do if people like Vivek, RFK, Tucker continue to go off script? Will they wait for the pitchforks? Remember, these people are mass murders and assassins.
You and Purdy are apparently thinking about this war in tik-tak-toe terms whereas the Americans and Europe are playing 3-D chess. If your simple-minded thoughts were realized, Ukraine would be a part of Russia who would then directly border NATO countries.
You are both doofuses and refuse to see beyond your own noses.
Ukraine, with the aid of free democracies, has proven that Russia is a has-been country with sub-standard military strategies and weapons. Sure, western nations have helped but when a 1st grader kicks the ass of a High School senior, it’s time to acknowledge that the High Schooler wasn’t as tough as they claimed and can’t continue to indiscriminately bully others.
Think… If Putin was doing the right thing, he wouldn’t be hiding in fear from his own military generals who are just waiting for a clean shot to take him out.
Hey Bobby, do you subscribe to CNN+?