So, if $1.9 Trillion of pork, graft, & corruption can get “Stonks” excited, why not
borrow $100 Trillion and stop fucking around? … why not? … doesn’t
government borrowing that will NEVER ever get repaid lead to economic
prosperity? … we can all be Billionaires!
And so here we are again with markets “trading” while I’m asleep, and then when
I get to my screen, it’s either “stop right there Mister”, or die on the vine … and
in the case of “Stock Bellies”, more bullshit at the NYSE open cuz money
laundering and everything, and then it doesn’t trade, it simply freight trains in
one direction or the other until it dies … today’s range so far approximately 50%
below the 20 Day Range MA, and I’m wondering is it Christmas Eve?… welcome
to the casino, can I get a free buffet?
Would like to trade crude oil, but as I said yesterday, Turnkey being Turnkey,
their scumbag oil LP [or LP’s] think 4 cents is a decent spread … bullshit, it sucks,
and so ain’t gonna hand them free money … crypto of course, is a complete joke
… and for the record, it’s been a good long time since the 3 major indices have
been so independent of each other, as group rotation skews the shit out of
“Stonks” … and when the bubble goes “POP”!, in the not to distant future, look
the hell out on the downside … you & I know it’s coming, and if the faculty lounge
Lizards at the FED left markets to their own methods, without everyday
manipulation for the 0.001%, we wouldn’t be in danger of seeing massive
downside volatility like we face now … hubris is never pretty!
The “Tulip Bulb 30” [a/k/a DOW30] today seeing the usual “Pump & Dump” at the
NYSE open, followed by NADA … criminal to be sure, but who cares? … and it’s
left the range in the NYSE session complete garbage … get past the first minutes,
and the DOW30 hasn’t even gone 100 points, now scoping the downside as I write
… sure, why not? … just a little “Flying Wedge of Death” [FWD] bullshit we see
often enough these days … and the reason is simple, cuz the scumbag LP banks
fade order flow, and once it dies I can assure you the market is going the other
way … one way you can tell of constant & consistent manipulation, is the simple
fact of markets go up only after they first go down and wipe out some sell stops
first, then the index moves higher, often sharply … reverse on the flip side … it’s
the M.O. of the manipulators, and it’s the reason you can’t buy resistance
breakouts or sell support breaks … if you do, they’ll carry you out toes up.
Again today, no trades for the TURNKEY PAMM / MAM.
By the time I got up just after the European open, most markets had already put
in the bulk of the day’s moves, thanks to the ChiComs bringing out their
“National Team” to manipulate their stock market … “the ChiComs sure learn fast
from the real Communists, don’t they”? … mey, it is what it is … move on to
tomorrow and be disciplined … it’s all I can do, simply cuz the trading algorithm
isn’t designed for a DOW30 that is this choppy, slow, tight ranged, and for at
least today, a flaming pile of dog poo.
Over at PHEMEX for “The Syndicate”, a great algo signal in the European morning
in ADAUSDT, and we’re up approximately 1.1%
Finally, after a few days of a nothingburger, volatility picks up and ADA starts
another leg higher in price … good, how about another 100 days just like today?
Tomorrow sees an important inflation print, followed by a 10 YR treasury auction
… the first will definitely influence the auction … that most likely will be the driver
of price tomorrow in indices, so we’ll see … should be a quiet overnight, but who
the hell knows with the ChiComs and what they’re up to.
… until tomorrow … “the future’s so bright I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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