“#6) Rig the stock market for social control!”
It should be obvious to everyone with one functioning brain cell … the
“China trade deal” is now the du jour weapon of choice, trotted out by
President Trump & various Apparatchiks, who feel the need to jawbone
equity prices higher on an almost daily basis, and is one of the very big
reasons in the “80/10/10” paradigm of stock indices why it’s extremely
dangerous to be short.
Count on the fact that, from now until the 2020 election is over and done with,
there isn’t gonna be any kind of “China trade deal” … first of all, we’re talkin’
Chicoms here, and if you trust these asshats to keep any commitments, I got
some beach front property in Kansas I’d like to show you … they will agree to
nothing they can’t back out of when they want, or totally ignore when
convenient … second, Trump is attempting to “massage” the U.S. stock
market for his own political convenience moving towards 2020, picking and
choosing rallies and breaks … if there is gonna be any deal, it’ll come in late
Summer or early Fall 2020, right before the election, and be heralded as the
greatest deal ever, with the hope the stock market melts up to recorder-er new
all time highs, and along with that prosperity for working stiffs who see their
IRA’s and/or 401(k)’s go north “bigly & yuge” … and that prosperity marches
them right into voting for the Donald … compared to the unhinged, Libtard
socialists, loony tunes Dems, it should be a no-brainer landslide for the
incumbent … we’ll see.
Now, part & parcel of all of this, is being aware of the paradigm you’re trading
in … that won’t guarantee profits, but it will sure help … and the NDX100 is
right at the center of the “POLS & Apparatchiks trading paradigm”, where
tweets or lips moving on shitboxes like CNBC will move markets, sometimes
greatly. Remember, the hardest part of trading in an “80/10/10” market
[80% of the time up, 10% sideways, and 10% down], is being patient and not
getting mauled and killed during the down 10%, cuz often times the moves
lower are account killers … what you can get away with in the “80”, in terms
of trading style and risk, you can’t get away with in the back “10”, and if you
trade the same way during each, they will carry you out “toes up” when the
back end “10” shows up and rears its ugly head.
I totally understand the technical backdrop of U.S. indices, and especially
after 19 out of 20 weeks higher since Christmas 2018, the need for some kind
of correction to take away the froth … it just so happens, the manipulators
have chosen the “China trade deal” to be their new weapon of market control
and behavioral manipulation, not only for specs but for HFT’s as well … I’m
pretty sure, they’re very happy at manipulator HQ with their efforts that
started last October, and will continue for the foreseeable future … but, if you
somehow believe there really will be some kind of trade deal with China that’s
binding and levels the playing field for the U.S. … well, you’re delusional.
China plays the long game, and no doubt Trump is right when he says they’re
looking for his defeat and the ability to roll over some Libtard Dem come 2020
… what have they got to lose by waiting? Why make a deal now when you
could get far easier trade terms by throwing money at some Dem? And if by
rare chance there is some kind of deal this year, it won’t be enforceable or able
to be verified, and there will be enough holes in it to make it look like Swiss
cheese … it’ll all be PR & bullshit. With enough time to the 2020 election, and
enough time for analysts to actually dissect any agreement, why would Trump
intentionally sabotage his own re-election with a bogus deal? … by the Fall of
2020, that can’t happen, and all people who have investments will be very
happy … and in a nutshell, that’s the game being played on investors &
traders going forward.
Today’s horseshit, comes of course, from a Trump tweet last night, and finds
the NDX100 higher at the NYSE open … and for the record, it’s impossible to
trade the NDX100 for the first half dozen hours of the new day, cuz the
bid/offer spread is somewhere north of 5 index points, to as many as 10
… they always find a way to make life difficult. It looks like we’ll open the
NDX100 about where it was at 9 PM EST last night.
And of course, what makes more sense after getting clobbered 6 days in a row
for over 500 index points, than a higher opening and a move higher back
above 7400 … all from a Trump tweet, which makes zero sense … welcome to
the “POLS & Apparatchiks trading paradigm”.
Here in the New York afternoon, it’s MOAR! buying from God knows who,
and we’re now up about 150 points on the day, where we haven’t seen a decent
break all frickin’ day [except for the 6 minute, 40 points straight down, that
then went straight up] … quite frankly, this market is pissing me off to no end
with its freight train moves that have no corrections either way … going down
you can’t get it to rally to save your life, and at the drop of a tweet you can’t
get a break to save your life either … but one thing is for sure in this idiotic
paradigm we find ourselves in, and that’s if you’re wrong, you’re gone
… there isn’t enough intraday volatility to make up any but the tiniest of
losses should you make a losing trade.
Quite frankly, this market and the whole paradigm sucks … everything, and
I do mean everything moves only on bullshit tweets and Apparatchik Pie
Holes lying through their collective teeth … nothing else matters, and all of
these markets put together are nothing more than a craps game in Las Vegas
… throw in fat bid/offer spreads, huge “slippage candy” from the scumbag
LP banks, and fills that would make Vito Corleone blush if he were alive
today, and it is a rigged game stacked against the ordinary trader … and
since there aren’t really trends anymore, it makes it impossible to make
money unless you “throw the dice” and sell option premiums and go “short
gamma” like a lot of hedge funds and CTA’s do … and it’s the reason more
and more of them are shutting their doors and going out of business, cuz when
it blows up, they can’t recover in any way, shape or form … and that’s just
fine with the manipulators and their BFF’s the scumbag LP banks … in a sane
world, the FED & the bankers would all be in prison … they are nothing but
criminals.
There just isn’t any trading to do, when markets are one way freight trains
… any semblance of a market known to exist years ago, completely replaced
with rigged bullshit from government … from gold to stock indices, and
everything in between, it’s a “shitshow circus” of overt manipulation right in
your face, each and every day … in so many ways, this country is headed for
complete ruin a lot quicker than most can imagine.
And so it is, today a complete melt up from a Trump tweet last night, and a
wasted day … Oh, you want to make money honey? … Ok, buy the rally, get
a shit fill, and then pray it goes higher still, and hope there’s a bigger fool than
you out there willing to buy it higher still … whoops, we just broke 20+ points
after 2 PM EST [where was this earlier?], and in 8 minutes it takes out 90
minutes of crawling up action … so now, tell me how you make it back if you
were long? … sorry, this isn’t any kind of rational trading strategy. Just
another drive by mugging/stop hunt by the banks is all … Onto tomorrow mi
amigos, I need a drink … Onward & Upward!!
Have a great day everybody!
-vegas
No comments:
Post a Comment