WHEN “HOPIUM” BECOMES “DOPIUM”

 

“And they ALL trade “Stock Bellies” each & every day!”

Let’s go back a ways and count the number of “dopey” arguments analysts have

used to justify “Stock Bellies” going higher … 1) China trade deal! … 2) CHICOM

WUHAN KUNG FU FLU cases have just gone lower [a/k/a “flu lottery”] … 3) here

comes a vaccine!! … 4) fiscal stimulus … MOAR!! … “how many times do the

manipulators “pump & dump” each week"? … and pretty much the entire trading

world [at least at RobinHood and places like it] goes apoplectic in their eagerness

to buy MOAR!

Today’s “dopeyness” on display in the DAX30, where the dinosaur index goes

skyward on what exactly? … oh ya, hopes I’ll get a $1200 check in the mail … and

how exactly does that affect the 30 largest dinosaur stocks in Germany that make

up the Dax30? … another round tripper day where the scumbag LP banks reversal

the crap out of price, and it ends up going nowhere at the end of the day … oh

sure, some longs & shorts took turns getting “monkey hammered” with spikes

from hell, but overall nothing happened … Asia goes nuts on the upside, then

Europe takes that away … then the “dopium” appears when the sun rises in New

York, and a whole group of dopes see a chance for MOAR! stimulus checks

… how about “China trade deal!!! … no, that doesn’t work anymore? … and the

Ponzi scheme of stock indices rolls on as ever before, with the banks getting

richer and traders poorer for the experience … what a scam.

Meanwhile over in “The Widow Maker”, what would the day be like without some

mistress fund funding from the usual suspects? … well, look no farther than

minute 16:16 server time, right before the NYSE open, where again it’s “feeding

time” with the usual rumor mill in high gear … until this entire BREXIT scam is

over & done with, why would anybody trade Cable and get caught in this bullshit?

I will point out, though, that of course something will replace BREXIT when it’s

done, cuz the “scumbaggery” will never end, simply a new scam will show up

… on the whole, though, without the bullshit, directly below a peak at an

institutional trading platform I have access to for my own personal account, with

I might add “depth of market” … this screenshot I took about 10 AM EST today.

Note the spread [0.1 PIPS], and the MILLIONS bid & offered on each side at the

tenth of a PIP … if you’re not trading at a place like COINEXX OR TURNKEY, and

can’t trade Cable at fractions of a PIP, THEN YOU’RE GETTING RIPPED OFF

… paying over 1+ PIP is a stone cold ripoff, and you’re throwing money away for

nothing … and right now, unless others have changed, the only place I know &

trust for trading Cable and/or EURUSD is 1) Turnkey, and 2) Coinexx … slight

advantage to Turnkey cuz they are faster on fills … soon enough Cable will be

tradeable again, we just have to be patient and not do “stupid shit”, like attempt

to trade it and get blitzed by another Apparatchik rumor.

NO trades today in the TURNKEY PAMM / MAM.

No trades cuz no decent signals to trade off … everything a bag of flaming dog

poo, inside the infamous “Flying Wedge of Death” [FWD] … quite frankly, why

we’re not at least 2,000 points lower in this dinosaur index is beyond me … “the

dopium is strong in this market”! 

With Europe closed now I’m outta here … until tomorrow … Onward & Upward!! 

-vegas

JUST ANOTHER FED SCAM DAY ON WALL STREET

“Ahh, this must be the line I stand in for that FREE FED money!”

Another scam opening on the NYSE, as the “Plunge Protection Team” [PPT]

makes sure you know the “China trade deal” signing is a roaring success, when

everybody in the entire fucking world knows it’s nothing more than pure, 100%,

unadulterated propaganda … about 100 index points straight up in roughly 5

minutes … “fun-durr-mentals” don’tchaknow … an absolute fucking joke of what

some would call a “market”, but which is really nothing more than a Ponzi

scheme via the FED … “people at the FED in charge of this swindle, should be

in prison, or better yet, shot at sunrise".

STOCKS. MUST. NEVER. BE. ALLOWED. TO. GO. LOWER … except of course,

when pin meets bubble it’s going to be one helluva explosion, and watch the

finger pointing start when that happens.

“OK, right, WH says maybe a new tax cut, and the usual shills in the financial

MSM are reporting this, and that’s the reason for the explosion in stocks off the

open … “sure, and I got some beachfront property in Kansas I’d love to sell you

cheap”! … got to have cover for the PPT, cuz without that the pundits don’t

know what to say or what to do when asked why it went straight up … you really

think they’re gonna say it was all FED PPT bullshit? … just another pathetic

display of overt manipulation by the skunks with the CNTRL-P machine … “got

to have the indices be at all-time recorder-er-er-er highs when the cameras click

the trade deal, so that Sheeple can see how wonderful it is … who wants to bid

first on that wonderful, stupendous, can’t believe it’s gonna go this cheap,

beachfront property in rural Kansas”?

We’re now into the “criminal” New York afternoon, and after the opening ramp

scam, the “Tulip Bulb 30” has done nothing … the law firm of Zip, Zilch, Nada, &

Zero has showed up for a “protect & defend” gains so banks can sell everything

to “chumps” throughout the day … and this is what is truly sad about these

manipulations, which is that it “warps” normal trading patterns and skews price

action … everything is either mini panic up or mini panic down, with bouts of

sitting on its ass and doing nothing … of course, what’s happening is that the

scumbag LP banks are fucking with the MT4 & MT5 indicators … every MA,

MACD, RSI, or whatever else it is you want to put on your screen will get “run”

by these assholes, who will then subsequently fade your ass in seconds to a

loss … feel manipulated yet?

One of my “cardinal rules” of trading, is when you get into the afternoon after

12:30 PM EST - 1 PM EST, if tulip prices start breaking, the dips can’t be bought

[except for the shortest of scalps], simply cuz the market is running out of time

for the buyers … and when the sellers pick up on this, “Thelma & Louise” can

be brutal … you have to have the discipline & patience to leave it the hell alone,

and simply come back tomorrow … and if you do “stupid shit” in a Gotham

afternoon, the “criminals” at Squid & JPM will pick your pocket as sure as I’m

sitting here. Visually, directly below is what I mean.

“The dirty little secret is, it doesn’t matter what happens next!”

Literally nothing happening, and BAM!, down goes Frazier, and if you’re long

you’re screwed … maybe it sets off a sell signal, and you’re one of the ones who

refuses to believe the “88/6/6” trading paradigm, despite the FACTS, and you get

short … well, you just got played mi amigo, like one of Pavlov’s dogs who went

nuts thinking a treat was coming when the bell went off … this is what they do,

and this is what selling brings to a Gotham afternoon.

Thanks to the PPT, and the subsequent 5+ hours of pure bullshit trading action

inside a 40 index point range of up/down, there weren’t any algorithm buy signals

today in the DOW30 that were legit IMHO … unfortunately it happens when you

get some kind of “blow off” move and then it basically sits the rest of the day

… today we get the upside down “losers formation”, which is essentially an “L”

TURNED ON ITS HEAD … a complete bucket of shit, and you can thank the Twits

at the FED, the PPT, and other participating central banks, who REFUSE to let

stocks trade lower, and instead think it’s wiser to hand billions to scumbag banks

in pre-arranged treasury repo trades that net “free money”, which goes into

stocks … can’t hardly wait for the revolution someday when it all collapses into

ashes.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

WHEN PIN MEETS BUBBLE

“Some day … just remember, you saw it here first!”

Another “pump & dump” day in stocks … FED adds another $100 billion into the

system [ONE DAY!], and banks run with the FREE pre-arranged money they’ll be

getting by settlement on Friday … I mean, why wait?

All I can say is that when the “bubble” ends, it will come so fast & hard, nobody

that owns stocks will have time to GTFO … they think they do, but they won’t

… let the revolution commence once the public gets wiped out … and the way

this shit is headed, when it ends it’ll be ugly … very ugly … think silver in ‘79

from $50 down to under $4 within a couple months … yea, that kind of ugly. As

I’ve said before, the “Tulip Bulb 30” is just numbers to me, and I could care less

if it’s between 5,000 or 50,000 on the index … it’s just an ATM, that’s all!

One algorithm buy signal today in the DOW30 … Turnkey PAMM / MAM UP a

couple bucks shy of 0.1%.

Again today, nothing really exhibiting good trading action, except Bitcoin [BTC]

… all the traditional markets looking & acting sluggish … I really dislike

“sluggish” rallies and breaks … the ‘ol stair step trade, where it’s either 4 steps

up and 3 down or the reverse, and it makes for some tough trading … you simply

CANNOT BUY rallies in stocks and expect to make money, and the reason is

simple … if you buy the rally, when it starts to break, you got nothing to hang

your hat on as it’s going down …, nada … and that can make for some horrific

losses if it doesn’t come back for you.

Well, that escalated quickly to the downside, didn’t it? … nothing like news from

the “done deal that isn’t”, referring to the “China trade deal”, and all the rosy

projections go out the window in seconds as it’s announced tariffs won’t be lifted

until China lives up to its part of the deal, and that they will stay in place up to the

2020 election … well, that ain’t gonna make the ChiComs happy, so it’s release the

“Kraken” of sell stops, and Bingo!, Bango!, Boom!, tulip prices go down 100

index points in about a little over a minute … and this is one of the risks you run

when you get into a “stair step” market and price does nothing but

“stagnate higher” without really correcting and doing away with excesses that

build up from spec traders … then all of a sudden there’s news, and it’s like

somebody set off a nuclear weapon … and if you were long, somebody just did!

… good luck making back that huge loss anytime today … OMG, could this get

ugly.

I know markets, and I know stock indices, and I know when the “red flags” go up

the flagpole, and when I see a crawling market that’s only going one way, I know

better than to expect everybody’s gonna be fine making money aren’t they?

… well, no they aren’t cuz that’s not how markets work … and without healthy

IVIX, the excesses build up and you can expect fireworks at some point, and I

don’t want to be there when that happens … it’s called situational awareness.

More earnings tomorrow, plus all the other market horseshit we get to deal with

on a daily basis … EXIT QUESTION: “since the Chicoms are supposed to sign the

deal tomorrow, given the latest sticking point on tariffs, do they in fact go ahead

with the signing or blow Trump off and fly home?” … I dunno, but it seems to me

the ChiComs are gonna be pissed over this, so who knows? … we’ll see

tomorrow! ... at least, though, so far Turnkey’s DOW30 CFD is holding its own in

terms of a trading vehicle … hopefully it stays OK, cuz if it can the PAMM / MAM

can have a breakout year … so far, so good … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas

ZOMBIE MONDAY

“It’s what’s on the inside that counts!”

As you scan the different stock indices at offshore brokerage houses, you’ll

notice in all of them, a slight valuation difference in pricing … this is due to the

fact that the original DOW JONES INDUSTRIAL AVERAGE 30, is a trademark &

copyright index by Dow Jones & Co., and they don’t take kindly to using their

brand without their permission … so what happens is that bank liquidity

providers replace a couple or a few “dogs of the Dow” with other stocks, and

you end up with the “Wall Street 30” or “US 30”, or something along those lines

… same thing with the SP500 & the NDX100. So, tomorrow starts off the Q1

earnings season, and so you might see different DOW30 CFD’s react differently

at different houses … now you know the reason.

It’s pretty much “Zombie Monday” across the board … not a whole lot going on

in anything … Cable has lost its “MoJo”, and IVIX is horrible today, regardless of

the daily range … it doesn’t do much good to have 30 minutes of trading and the

rest of the day stuck in a very tiny range … ditto with gold & silver, and crypto

[BTC] is dead.

However, one thing you can pretty much count on, is that the DOW30 will move

some, and in the process trap both longs & shorts, and lead to some algorithm

trades … and with not much happening, and IVIX on the low side, you take what

they give you and walk.

I get to my screen this morning, and there’s a whole shipload of people who’ve

signed up at FX CHOICE for the DOW30 PAMM /MAM, but nobody has deposited

anything yet … when I check my emails, many of you that signed up asked me if

I could possibly wait a few days to trade so you could get your BTC sent and

deposited … after thinking about this for a sec, I wrote back and told those that

specifically emailed me to wait, that I would halt trading until the start of next

Monday … this gives you this entire week to “get r done”, and if by next Monday

yours isn’t in the mix, it gets there when it gets there, and tough toenails, I’m not

waiting any longer.

Up ‘till now, most in the PAMM / MAM have been family and close friends … they

don’t care what I do … I could stop trading for a month and it wouldn’t bother

them, except for the dog, who’d be on my case 24/7 … something about a new

dog house condo with a Jacuzzi … I dunno … some days it’s hard to read his

thoughts other than “gimme more deli roast beef! … NOW”!!

Today, I started trading DOW30 CFD at Turnkey again … good news, they handled

it in a satisfactory way … didn’t feel I got ripped a new one … long entry was right

on the market, and liquidation saw a 1 index point bit of slippage, which isn’t that

big of a deal, especially when the index was moving … so, so far so good, and by

first appearances it looks like I’m not being given a line of bullshit about their

“new” CFD liquidity providers … and it goes without saying, that this is very

good news for the Turnkey PAMM / MAM, if it holds up, cuz it can finally start to

make some bucks … “yes, it’s taken them way too long to get this done, and let’s

hope it stays this way … if so, it’s “water under the bridge” and time to focus on

making triple digit returns this year in the PAMM / MAM”!

And speaking of algorithm buy signals, we only got one that was decent today

… Turnkey PAMM / MAM UP a few bucks shy of 0.4%.

The buy signal came right off the low of the day, and short “buy fuel” propelled

this puppy higher within seconds … overall though, the trading action in the

“Tulip Bulb 30” pretty pathetic … here with less than 2 hours to the close, only

about a 90 index point range in the NYSE session … Zombie Monday, what else

can I tell ya?

Cable for its part, just dead in the water … the day’s range hides the fact that for

the last 5 hours + we haven’t even seen a 20 PIP range … talk about dead, this is

it … weak economic data, and a sense that BoJo & crew are taking a hard line

towards the BREXIT deal, has got buyers nervous … and it’s taken the “snap”

out of the Cable trade that’s for sure … whatever was there after the Dec. 12th

election and into the New Year has completely disappeared … there just isn’t

anything in this market right now except banks screwing specs … want part of

that? … I sure don’t, so I’ve left Cable alone to stew in its own juice.

Tomorrow starts the Q1 earnings flow, so I’m hoping this “snails race” in the

DOW30 picks up some … well, actually a lot … oh, and Wednesday sees the

“China trade deal” get signed, so they say … whatever that’s worth for bullshit

… interesting rest of the week dead ahead … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas