FX has clearly lost interest, here in the last part of August … even a small decline
in yield on the 10 YR. can’t get EURUSD to rally, or even put in any kind of range,
while the YEN corrects some, but without any vigor whatsoever … meanwhile, the
ChiComs threatening intervention against those who seek to take the YUAN down,
and USDCNH very nervous … and most notably, “Stock Bellies” getting crushed
inside a very negative gamma squeeze structure, where selling requires further
selling … and nobody really knows when that “doom loop” finds a bottom.
Ho hum, just another criminal, money laundering NYSE open, that sees another
regular Chipmunk feeding right on schedule … anybody surprised? … OPEX
today, so there’s that for the “Stonks” crowd … in other trading news, is it time
for bed yet?
This is truly pathetic … no trades today, cuz there isn’t anything to do … no
movement, no range, no VIX, no interest, no NADA! … 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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