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Tuesday, June 4, 2019

HOPIUM RULES THE DAY [… SO FAR]

“Please, I need stocks to rally for my college fund!”

And just like that, the Apparatchiks from China show up … doesn’t take
much these days … just a few choice words, and the HFT algo’s go berserk
and the SP500 rallies to the day’s high … so again, today will most likely see
the Chipmunks do their opening NYSE buy schtick, cuz you know
… hopium! Add to that, AMLO has caved in Mexico, and decided that the
money he’s gonna get under the table from Trump, is worth it to stem the
unwanted hordes from Latin America invading ‘Murica’s southern border.
“Can you say melt up”?

In that same vein as above, gold bulls get reminded again of the “Comex Con
Game” being played on them, so today it’s a double edged sword. And if in
fact we’ve seen the bottom in stocks with all of this great news today [cough,
bullshit, cough], it will be another painful reminder to gold traders of the
scam being run on them.

Quite frankly, I’m about as disgusted with this “POLS & Apparatchiks”
trading paradigm, as I can possibly get without my head exploding
… nothing means anything in financial markets, unless it first gets spewed
forth from somebody’s lips in power, and then it’s either straight up or
straight down … panic up or panic down … and "Hoover Dam” little in
between … we got manipulation all over the place skewing behavioral trader
factors, now getting scammed daily by the usual suspects … this isn’t trading
… might as well be playing roulette.

It’s a disgusting mess, and what heats my chili up today are the CFD spreads
in crude oil … crude being THE ONLY financial market left to trade that has
any resemblance to a “free market” by historical standards … and with
nothing going on, the assclown LP’s have blown out spreads at both Coinexx
and Turnkey … well, Turnkey should be no surprise simply cuz if a squirrel
farts the scumbag LP’s there run and hide crying, “duh, market conditions,
duh” to whomever will listen as they pick your pocket clean … but Coinexx?

And again today, markets overnight actually trade some … only problem is,
the bid/offer spreads get blown out beyond reason, and don’t come back to
normal until New York rolls in early around 6 - 7 AM EST.

Truth be revealed, I’m researching solutions to the problems we face
… there’s light at the end of the tunnel … fact is, everything but oil has no
basis in reality to anything that happened prior to February 2016 … it’s a
completely different paradigm we are in, and unless there’s a revolution and
blood in the streets, the manipulators aren’t going away or changing their
thieving ways … but, from my standpoint the shit we continue to see
day-after-day has got to change. I’ll have more in future blog posts.

Today’s SP500 action a disgusting mess of panic up, thanks in part to planted
news stories, both China & Mexico … and when they hit the newswires it’s a
melt up … quite frankly, the U.S. stock indices are a traders nightmare on
Elm Street … “Hoover Dam” little liquidity, HFT algos running amok, and
the usual cast & crew of the usual manipulator suspects … the SP500
particularly makes me want to puke it’s so bad … throw in “slippage candy”
from the scumbag LP’s, and latency trade issues with bucket shops like
Turnkey, where yesterday I highlighted my full 6 seconds of waiting for
market fills from their fairy tale computer systems, and you have a recipe for
disaster … I’m diligently searching for real solutions, and will have important
details within about 10 days from now, maybe ± a couple of days, but I’m not
sitting around taking this shit … change is coming mi amigos.

Another second of this crap and my head will explode … I’m outta here ‘till
tomorrow … until then mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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