WHO WANTS A LEVEL PLAYING FIELD?

“There are a million stories in the naked city!”

POLS get rich while in office … how does that happen if you’re a “public

servant”? … government buys $600 hammers … gold goes lower on sell side

manipulation … stocks go higher on buy side manipulation … who cares?

Has anybody reading this seen protesters in the streets demanding lower

stock prices? Where are the angry mobs? The FED robs the middle class of

wealth, and has consistently since its inception in 1913, and are there throngs

of protesters around the Eccles Building in D.C.?

Fact is nobody gives a shit when it’s somebody else’s OX that is getting gored!

And nowhere does this ring true more than the stock indices, where nobody

who owns stock cares in the least the “why & how” their stocks are going up

in price, other than they’re going up in price … why ask why? When it comes

to their own pocketbook, nobody wants a level playing field, and that’s part of

the problem.

Today sees stocks stage a “miraculous” rally from the European open

… maybe cuz the world didn’t end from yesterday’s headlines, might have

something to do with it … oh, and Trump eases slightly the burden on

Huawei, giving them a 90 day reprieve … signal? … BUY MOAR STOCKS!

… but apparently, this tidbit of info didn’t matter in Asia, only when Europe

opened … more likely, is simply the fact that, for the most part, people of all

stripes like higher stock prices, and will rationalize anything, so why not buy?

However, quite frequently, they have to be reminded there’s a limit to stock

larceny & lunacy, and the swings we’re seeing are continuing to get worse,

worser, & worser-er thank you very much FED manipulators.

Cuz the dirty little secret is, the more they try to nail jello to the wall, the

more jello falls to the floor when SHTF after some bad news … cuz they do

their “Hoover Dam” best to try and squelch volatility each and every day,

they in fact exacerbate the problem when SHTF for real … and each little

bear market mini-crisis crash, leads to a bigger one later down the road

… they’ve trapped themselves and they know it, but figure they’re smart

enough to avoid “the big one” until they’ve either left office or retired, and it

becomes somebody else’s problem.

“Well, knock me over with a feather … what a bunch of crap”. I can’t

remember a first hour of NYSE trading that had an SP500 range of 3 index

points … more importantly, according to a new law passed by Congress,

stocks can’t go down after the NYSE opens [snark] … followed of course by

the straight shot up 13 index points to a new high for the day, where once

it’s over, it’s over for the day … in other words, just your typical

“Flying Wedge of Death” [FWD] pattern seen about a million times since

the FED started to actively manage stock prices in February 2016 … the

news today, almost as bad as yesterday, but that matters little to the

manipulators, who simply won’t allow it to go lower … not that it has to go

screaming higher mind you, cuz it can just chop and sit and drive people

like me nuts.

What we end up with here in the New York P.M. is simply a bucket of shit

day … much lower range than normal, and no price action to speak of

… just crawling somewhere, with the obligatory spikes from hell to trap the

breakout traders … there isn’t anything really positive anybody can point

to for stocks being where they are now … nothing … well, hopium … but

other than that it’s strictly a “MoMo “ trade at the moment, and when

there’s no “MoMo”, it sits and chops.

It’s very frustrating for me to see the wrong openings, and subsequent price

action, and then make some kind of trade when I know the internals of the

market are “messed up” … it leaves very little if any room for error … and

as we’ve seen before, and which is becoming annoying as hell, all we get are

straight shots and then it dies for the day … I’m pretty sure, this is just the

way they like it at manipulator HQ.

If the SP500 would trade or move along guidelines like crude oil, then we

would have a market … sadly, we don’t cuz it’s heavily manipulated, much

more so than the thugs, dictators, and oil companies that rule the oil world

… at least there, there’s still trading … regular up & down action, that can

be taken advantage of and traded accordingly … cuz of the dynamics of the

DOW30 & the NDX100, the scumbag LP’s make these two markets almost

untradeable most days, where outrageous slippage and bullshit spikes from

hell are the norm each and every day … throw in the stop hunts and it’s

literally trading from hell … gold you say? … please, I just ate lunch … the

manipulated price suppression there continues unabated, as the “Comex Con

Game” is very much alive … along with FX, the most manipulated con games

foisted on the public, for banks benefit, ever devised by humans.

So, another frustrating day watching paint dry, as I simply am not willing to

risk $100 to make $10 … and lately, like the last few days to a week, that’s all

the SP500 has offered. Onto tomorrow, where hopefully we can see some

algorithm trades … is the circus hiring? … Until tomorrow mi amigos

… Onward & Upward!!

Have a great day everybody!

-vegas