Only when you view financial markets as tools of corruption & propaganda, does
it make any sense … unlimited streams of bullshit emanating form cable TV, from
the likes of Dummberg, CNBC, and their friends in North Korea, with how great
things are … the important questions NEVER GET ASKED, cuz if they did
whoever asked them would be working as a “Greeter” at WalMart the next day
someplace in Nebraska … and through it all, nothing matters except that the
casino is again open tomorrow, and if you’ll just throw your life savings and
entire wealth at government sponsored propaganda firms like JPM, Vampire
Squid, et al, we in government can keep the game going.
The entire country of the U.S. is one giant Ponzi scheme … any serious look under
the hood of this clunker shows that pretty well … geriatric, Soviet Politburo
leadership from both corrupt as Hell political parties is inescapable … just keep
recycling the money flow through us is all that matters … the national debt is
climbing by TRILLIONS per year … demographically, the “Boomers” are peaking
and births are declining, so where’s the money gonna come from 20+ years from
now? … illegal immigration, drug use, cartels booming, societal immorality,
crime exploding are killing [no pun intended, but if the shoe fits, wear it!] the
middle class and destroying it … did you realize that in 1960, the wealthiest &
most prosperous zip code in the U.S. was Detroit? … the idiots in government,
both Libtard & RINO, have sent Ukraine OVER $100 BILLION IN THE LAST YEAR
… where did it go? … they care more about a fucking border 5,000 miles away
than they do the southern border of the U.S. … but hey, as long as the SP500, the
DOW30, and of course the mighty NDX100 keep showing resilience in the face of
higher interest rates, soaring inflation, and government corruption & ineptitude
at every level, the public keeps throwing money into Wall Street coffers and hoping
& praying it can go higher … what if it doesn’t? … if the propaganda becomes
discredited, then what? … wonder why the MSM along with the financial MSM
always lies? … wonder no more, it’s to protect the propaganda.
More inflation news today from the math whiz kids in government … you know,
the ones who think 2+2 = 22 … the ones who couldn’t get a real job in the private
sector so they migrate to the one place you never have to be right or do anything
productive … that’s government … come 8:30 AM, let’s see how they massage
made up numbers … what a circus shitshow … absolutely nothing based in reality
any longer, just mounds of bullshit from a media that’s completely in the tank for
authoritarianism.
Well, that escalated quickly didn’t it? … imagine what the real inflation number is
at … and after the waterfall, it brings us to the criminal NYSE open, where money
launderers the world over come to find ill gotten gains a home … natch, that
means overnight money flows will come in to buy, and that leads to a feeding of
the Chipmunks at the open, no matter what the news, no matter if the F-ing world
has ended … that was short lived, and again we head lower in “Stock Bellies”, the
NDX100 getting hit the hardest cuz tech wrecks don’t like higher rates … but the
trading action is simply awful … sure, cuz of the inflation reports the day’s range
is OK, but the way the “Spoos” and the DOW30 are trading is simply terrible … this
is just a “grind” … and when price does “pop”, it’s impossible to capture
adequately cuz it happens so fast and usually blows through algorithm buy
signals … the Mrs. & Miss Gimpy finding that out over at SIMPLE FX, where the
buy fills are not very good and are off the market … imagine what they’d be at
Coinexx with me doing 20 - 50 lots volume? … my neck and head would have
already exploded all over the study wall!, and I’d be seeing purple … their
liquidations have been OK, but only cuz they both sell the spike on the way up,
otherwise that would be a disaster on the turn lower … they both can scalp the
“Spoos” at SIMPLE FX cuz a 1 lot volume is 10 * the index, so even small gains
add up quickly … having said that, though quite frankly the trading action in
“Stock Bellies” is horrible … slippage higher than normal, even at reputable
houses like SIMPLE FX … Coinexx would only be worse, even with a higher
spread … 2 ½ hours into the NYSE session and the ranges suck, with already
one reversal, so how many more? … the other day we saw 5! … yesterday saw 3
… and through it all, it can’t even trade properly … the MOMO retail Specs in
these markets have to be getting killed, buying highs and selling lows, looking
for extension of ranges that NEVER COME … throw the 0DTE crowd into the
equation, and they’re constantly getting gamma squeezed and feeling max
pain … this is a very rough trade, made all the more difficult by scumbag LP’s
at houses that condone their behavior … I am NOT liking what I see coming out
of the “Stock Bellies” complex … and it makes me wonder if we aren’t headed
for an extended period of MAX FRUSTRATION in the “Stock Bellies” over the
weeks / months /years straight ahead of us … continued funding [secret or
otherwise] of our “proxy war” with Russia, uncontrolled domestic spending,
and a tapped out consumer, spells STAGFLATION WITH ZERO GROWTH … and
given the utter Idiots & Morons who are in charge of government at the moment
to at least 2025, where are the gains in “Stock Bellies” gonna come from?
… trading action like this for at least the next few years? … OMG, what a
nightmare that would be for anybody in the equities arena … just look at how
fast money has left crude oil and gold!, and it sure as Hell can happen in
“Spoos” as well.
And for those of you who think the answer lies in being short the “Stock Bellies”,
I got news for you … NOPE! … being short comes with all the problems and then
some, not the least of which are the brutal, rip your face off in seconds, rallies
… rallies you end up buying near the top to cover, and then roll over and go
straight down … hang on and HODL, and it grinds higher for 2 hours and bleeds
you to death … quite frankly, the answer lies in better trading conditions, and a
market that trades instead of being dominated by manipulator Wall Street banks
with the FEDS help, that just grinds the shit out of Specs … in the immediate
future, I’m not at all sure we can get it!
We’re into the New York afternoon, and this is just terrible, terrible “Spoos” and
“Stock Bellies” trading action … ranges suck and are small, and of course
reversals are always in play, the more the merrier.
Quite frankly, as I’ve stated, I don’t think we can rely on the “Stock Bellies” to
provide us with decent, CONSISTENT, and overall acceptable trading action /
conditions at Coinexx … if the PAMM were at SIMPLE FX, I’d say it’s possible, but
they don’t have a PAMM program … with crude oil and gold completely D.E.A.D.,
that leaves us few choices in the FX space … and while I’d like to stay away from
YEN denominated crosses if I could, I don’t see how that’s possible in today’s
trading environment … the new BOJ head clown replacing Kuroda, has already
indicated no change in insane monetary policy, so that question mark has been
erased … the fact remains, no other major FX pair has the range the YEN
currently enjoys and is the denominator in crosses like the YEN … and those
that do, aren’t even close to the 20 Day Range MA’s the YEN crosses enjoy … on
the bright side, algorithm buy/sell signals in pairs like GBPJPY have been
outstanding … simply cleaner signals than what’s going on in “Stock Bellies”
… today a good example of that!
Why Coinexx can’t entertain “Stock Bellies” CFD’s like other houses where 1 lot
volumes are 10 * the index, is a mystery to me … quite frankly, their entire CFD
space needs an UPGRADE … this despite the fact that overall, at least on the
VPS, their FX spreads, latency, and fills are exemplary most of the time … night
and day from the bullshit seen in CFD’s … so if I’m trading GBPJPY, this is the
place I want to be cuz I get the very best overall conditions and can do much
heavier volumes cuz it’s FX … I never thought that finding the “right” market to
trade would be as difficult as developing & creating the V2 trading algorithm, but
it’s been a B.I. Itch!
Come Monday, I’ll be up and trading Cable/Yen about an hour or so from the
European open and take it from there … signals have been excellent, and we
should do well in this market … if we get to the New York afternoon and “Stock
Bellies” can show me something, maybe I’ll entertain a trade there, but that
hasn’t happened recently and I don’t see it becoming a reality anytime soon
… even if GBPJPY has a slow day, how can it be any worse than the shit in the
DOW30 or “Spoos” I got now? … if that happens, I’ll just deal with it and move
on … granted, there are no “perfect” markets to trade anymore, so everything on
the board has warts and blemishes … but Cable/Yen does have movement, the
ranges are very good to excellent, the spread is as tight as anywhere at Coinexx,
slippage manageable from what I’ve experienced, and commissions
meaningless … all the things I want from any market are there, so all I need to
do now is concentrate on trading it … and that I’ll do starting Monday.
No trades today … out of “Stock Bellies”, and “Back to the Future” via GBPJPY
[Cable/Yen, a/k/a “The Dragon Trade”] … the “Profit Yacht” is ready to go!
… blog update on Sunday.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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