“Every growing boy needs nutrition … right?!”
Well, here we are on another FED Wednesday, where the lies, deceit, and
general government bullshit will be waist deep by 11 A.M. … afterall, who’s
gonna feed the beast that drives that “comfy” relationship between
Washington & Wall Street, that sees the general public get fleeced? What new
Bloomberg “headline” will be planted & reported today to get the desired spike
in price? “Dr. Goebbels please call your office, or pick up the nearest white
courtesy phone”.
And so, Apple reports the last of the “FAANG” stocks for the quarter late
yesterday; “oh thrill, oh joy! … they beat lowball estimates they always guide to,
so as to “beat” whatever estimates the paid lackeys in Wall Street are told to tell
the “muppets” … now, it is your sworn duty to buy Apple don’tchaknow”? And
wouldn’t ya know it, last night while little Debbie’s college money was asleep,
the ChiComs came in and ruined the party … seems the aforementioned
bullshit Bloomberg headline of yesterday, was IN FACT pure bullshit, cuz the
ChiComs only agreed to keep talking with the U.S., “about what it was they
wanted to talk about if they ever meet again” … not exactly what the headline
suggested yesterday is it? “But hey, that’s not what matters … what matters is
that selling on the NYSE open was thwarted, and so the market gets another days
reprieve, and buys more time so that Wall Street can convince “Murica” to put
more money into the mouth of the NDX100 … you don’t want them to starve do
you? … never mind the fact that insider selling at the FAANG companies is at
record levels, and has been all year since day 1 of 2018 … Zuckerberg of
Facebook being the poster child of “greed & denial” among the tech elite”.
And now focus turns to the faculty lounge types at the FED today … you
know, the guys who’ve never created a fucking thing in their lives except
academic bullshit, and who quite frankly couldn’t sell ice cream at the beach
on a hot day … and these now are the guys whose job it is … today … to save
markets and guide us to everlasting profit by telling us, “Everything Is F-ing
Awesome Baby!”, when in fact every working person knows it ain’t. Always
fighting the last war, they will continue to raise rates and guide the world into a
depression … “somebody please tell me why we need these fucks … central
planner fools who haven’t a clue, and when it all turns to shit, they’ll be the first
ones to try and convince everybody it wasn’t their fault … they create the mess,
demand to be the only ones “qualified” to fix the mess … fuck it up even more
than before … and then demand to hit the “restart” button as if nothing ever
happened … rinse, repeat endlessly and it shouldn’t be a surprise to anybody
when the economic ponzi scheme will eventually fail and the whole shitshow
collapses”.
Turning to today’s NDX100 market … “umm Apple! … why aren’t we
significantly higher before the open”? Well Skippy, Bloomberg hasn’t been
given any FED marching orders yet for market stomping spikes higher on
bullshit rumors, for one thing, but the day is young … second, the ChiComs
ruined the Apple party atmosphere last night and deflated the NDX100
balloon … and third, who knows what wisdom FED chief Spicoli is gonna trip
over at 2 P.M. EST. And so, we got a market, here early, that’s got no “Mojo” to
it … but have some faith, the central planners will think of something to get the
spike up afterburners going here before long … well, maybe. “Just remember,
when the so called “news” is great, but price fails to respond, some shit is about to
happen, and it probably won’t be very good for long positions … and if you need,
yet again, a reminder of just how tenuous this market is stretched to the sky, go
back and look at yesterday’s weekly chart, and then come tell me you got no
worries putting money to work at these levels with overnight & weekend risk
… I’m not perfect, but I can sure as hell outperform the index benchmark going
forward, by simply being prudent and avoiding risk as much as possible”.
Well, here we are an hour before the clueless FED Twits give us their wisdom
… early “Plunge Protection Team” [PPT] rallies fizzled faster than Johnny
Manziel’s NFL career … so far today, I’ve spotted them 3 times in the market,
all to no avail, here before the FED meeting results. What a complete shitshow
of manipulated action … all to get the public to still “believe”. “Their effort here
is clear … keep the NDX100 above 7150 & then SP500 above 2800 … below these
two levels and the markets have some real trouble on their hands … and one of
these days … yea, you know the rest of the story, cuz it’s coming”.
FED news out [nothing burger] … next up China Tariff news … market a
complete PPT manipulation show … the classic “Flying Wedge of Death”
[FWD] putting in an appearance today, with multiple highs and 2 lows,
immediately followed by PPT intervention where it’s “elevator up” until they
stop manipulating it … problem is, nobody is buying but them, and the market
cannot make any headway after they are done … but of course, their objective
isn’t to make money, their objective is to manipulate price and punish shorts.
A few trades today … PAMM literally “UNCH-ED” on the day.
Just a nothing day filled with spikes up/down going nowhere … no follow
through on anything, except to the other side in a classic FWD whipsaw. No
regrets being “unch-ed” on this day, as the NDX100 finishes trading [futures
close] up 4 index points [big whoop] from the NYSE open … a trading day to
forget. We’ll see what effect Tesla & President Trump’s tariff talk does
tomorrow … and with that I’m outta here … until tomorrow mi amigos
… Onward & Upward!!
‘Google Sheets’ has been fixed, so the PAMM Spreadsheet will be up either
tomorrow or very soon thereafter … a lot of trades to put into it.
Have a great day everybody!!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!
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