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Monday, June 12, 2023

A PREDICTABLE WASTED DAY AT THE CASINO

 

“By all means, try and figure out which bathroom to use!!”

As America continues its thrust towards financial, social, and moral Armageddon,

it’s nice to have a day off, cuz of the most important evahhhhhhhhh CPI &

Reichstag meeting of the Lounge Lizards tomorrow and Wednesday,  to ponder

the important questions of the day … like which bathroom to use … prior

generations didn’t seem to have this problem cuz they weren’t mentally ill

… now however, what can possibly go wrong when a 40 year old pervert with

a beard and a blonde wig on, decides to pee right next to your 10 year old

daughter in a mall bathroom? … and in case you didn’t realize it yet, 81 million

of you Fucktoids voted for shit like this … happy yet? … good luck with your

daughter’s therapy sessions.


Fortunately, there are places in the world where this debate has no context or

standing … however, the reach of markets goes beyond borders, and we’re stuck

today waiting for tomorrow’s most important CPI number evahhhhhhhh, followed

by Wednesday’s Reichstag meeting of the Lounge Lizards for the most important

interest rate decision EVAHHHHHHHHH! [until next time] … it isn’t the fact that

nothing will happen or that ranges are tight and tiny [probably but not

guaranteed], it’s the fact that if you’re wrong on any trade, you got no chance of

making anything back except via pure luck … seriously, don’t confuse brains with

the flip of a coin … as we approach the criminal, money laundering NYSE open,

there’d be better movement across markets if they were closed!


One sticking point is rates … STIRS are “sticky” high, and could go higher

… meanwhile the BOJ is Hellbent on the suicidal monetary policy of printing vast

quantities of YEN for yield curve control [YCC}, something the FED is actively

engaged in as well only more covert … given the math problem of interest on the

debt, this “stickiness of nominal rates” is only gonna get worse going forward

… it does however set up a one dimensional price guide for USDJPY.


The question day-in day-out is which leads? … does USDJPY follow STIRS

[mostly the 2 YR. Treasury Note yield], or does STIRS follow USDJPY? … most

days it’s a tossup, and when they “un-correlate”, trouble lies dead ahead

… regardless, USDJPY is quick to turn when it senses STIRS have topped or look

like they may start to correct … ditto when it’s time to resume any move further

… so far today, it’s kinda surprising we’re seeing STIRS go somewhat bat shit

crazy [BSC] on the upside, and that’s what has led the USDJPY rally … greater

than I would have thought given the circumstances, but who knows when

manipulators are around 24/5.


Word out now, and the EXIT QUESTION OF THE DAY: “Is Jamie Dimon worth

$290 million to keep “hush hush” the victims of Epstein? … apparently JPM

thinks so! … a drop in the proverbial bucket to the amounts stolen repeatedly

through fraud and general “Scumbaggery & Fuckery” they inflict on trading

markets daily … it’s only money … here, now go away!” … how much more

moral decay evidence does a FUBAR country need to see? [does anybody

care?] … between Epstein and Hunter Biden & the Biden Crime Family

operations, I’d say and hold the opinion that the “days of Noah” are upon us

for the Second Coming anytime now.


If markets had any compassion they’d have closed this shit 5 minutes after it

opened … but of course we can’t have that cuz it would rob the banks and HFT’s

of their ability to steal money via variable spread bullshit and slippage on fills, a

staple of the U.S. financial system … this is a day to forget … no trades in

anything today cuz there isn’t anything to do … with ranges so tiny you’d need

an electron microscope to notice the moves, just exactly what is it you’re

supposed to do with conditions like this? … at least tomorrow, unlike Wednesday,

the CPI numbers come early and we got almost the whole day to trade

… Wednesday is different of course cuz we got to wait ‘til 2 PM EST … then SHTF

one way or the other and we can get on with the week … until tomorrow. 


… 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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