“New York … the global hub of bank money laundering worldwide!”
In my entire professional trading career, which spans more decades than I care to
admit, I’ve never seen markets across the board more complacent AND dangerous
at the same time … the financial bullshit shenanigans being carried out so
frequently, nobody even cares anymore or is shocked to seeing it happen, cuz it
happens so frequently … and at the heart of it, are the scumbag TBTF & TBTJ
banks who’ve positioned themselves into the middleman of every single trade
and/or transaction … and from there, using “off balance sheet” shell companies
and other entities, they silently funnel the bribes, kickbacks, corruption, & graft
through the entire pyramid of POLS & Apparatchiks to bags of cash in garages
littered around the world.
Don’t get me wrong, markets have never been for the faint at heart, but since the
financial crisis of 2008, the role of government in trading has only grown, now to
the point of being the 800 pound gorilla in the room, throwing tantrums & fits all
over the place and in the process severely distorting capital flows and markets
… the 2 biggest casualties of government malfeasance are gold and the stock
indices. Moves come at the “speed of light”, burying buy/sell stops in their wake,
where if you didn’t know better you’d swear the purpose of the move was to
“destroy” capital, not earn it!
Then it’s “crickets” for hour after hour, day after day, until the next nuclear
financial weapon goes off and traders scramble like cockroaches in sunlight
… was it a Trump tweet? … another bogus headline from Bloomberg about the
“China trade deal” that isn’t? … how about the ChiComs, did they mumble
something to affect futures so they can profit from positions? … or maybe
another inane comment from one of the faculty lounge Twits at the FED, telling
us just how fucking awesome everything is?
Meanwhile, the world is disintegrating day by day economically, socially, &
culturally … corporate profits, and guidance for the future are down from every
angle … but wait! … QE [for you Obama voters that’s “money printing”] is
rocketing higher by hundreds of billions in just the last month!! … Hooray!
… the scumbag banks get to pre-arrange U.S. Government debt with a corrupt
FED, and everybody wins! … well, everybody in the 0.001% tier of wealth, just
not you.
Someday this gigantic “shitshow circus” of corruption will end and be dealt with
… however and whenever it ends, I guarantee the American people will be the
big time losers … some days I sit and wonder what it’s gonna take for the
Sheeple of the U.S. to wake the fuck up and smell the coffee … then I bump into
a millennial who can’t talk coherently, can’t write worth shit, will text somebody
sitting 5 feet from them, and thinks the “Middle East” is somewhere in Ohio
… thinks socialism is great, until you ask them to share their part-time job wages
with the poor and they vehemently blurt out, “that’s not fair”!! … and then you
realize just how far down the rat hole the country has gone and why the future
doesn’t look very good.
Quite frankly folks, only trading & crypto are going to save you … you have to
learn to trade the manipulations, and you have to take your time and “invest it”
into crypto … everything you think you’ve ever learned in finance has become
fodder for pigs and chickens … the “game” now is “DeFi”, and if you don’t know
what that is, you’re already behind the proverbial 8-ball … see over in “Download
Links” the crypto file update Version 1.1 to get more details … cuz, you either
know how the manipulations work in markets and then can take advantage, or
you sit in the dark and flip a coin when it comes time to trade and/or invest … is
“HOPE” your investment or trading strategy? … in addition, you either know
crypto and how it can enhance / save your wealth into the future, or you sit there
and trust your “Hoover Dam” bank and government to take care of you … and if
you choose the latter, go buy some more tinfoil, and simply wait for them to drive
you and your family to the poorhouse, cuz come “hell or high water”, they’re
planning as I write to confiscate it.
With the way things are currently constructed on a number of technology and
financial levels, there has NEVER been a time more advantageous for the
trader / investor going forward … at the same time, however, if you don’t know
what the hell you’re doing and just stumble along kind of “playing it by ear” as
you wander the landscape, you’re gonna get all your money taken away from you.
And while I know many of you are traders, a whole lot more consider themselves
investors … and to BOTH traders / investors out there, the “Traders Course” [TC]
will deliver the goods! … follow it, and make shiploads of money … don’t send
me $60 for it, and suffer the whirlwind … don’t say I didn’t warn you … but yea,
we’re offering chat support with it daily in case you got questions or encounter a
problem, but I can hear your concern I’m just trying to scam somebody out of
$60 … right sure … you spend more than that on utterly “stupid shit” in a week,
but don’t actually spend a dime on anything that will help you make a shipload of
money … OK, whatevs.
Looking at today’s DOW30 market … well, here early as the sun rises in New York
it’s a “non event”, with like yesterday, plenty of nothing M1’s followed by spikes
from hell both ways that go nowhere … all that’s happened is that stops got taken
out and somebody with more money than you benefited the stop hunt … “gee, I
wonder who could be behind that”? [snark] … and so we sit, waiting for the HFT
algo’s to go bat shit crazy in one direction or the other and take somebody to the
cleaners, when President Trump starts talking at a Noontime event in New York
about trade policy … your guess is as good as mine, but I’d give the odds as
higher to the view market’s take it as a “positive” and rally [in the case of stocks],
cuz “Everything Is F-ing Awesome, Baby!”, and QE, and corporate buybacks, and
“recorder-er-er” new all time highs, etc., etc. … meanwhile, Rome burns.
You want proof of investor complacency? … well, here ya go directly below
… retail specs SHORT VIX FUTURES HAS NEVER BEEN HIGHER … EVER … with
over 200,000 SHORT futures contracts currently outstanding, expecting lower VIX
ahead … well, I’m sure all of ‘em will have no trouble exiting if/when SHTF
… right? … cuz as we all know, the specs usually win, right? … umm, no they
don’t. And it isn’t gonna take much of a spark on the dry Christmas tree to “light
things up quickly” in stocks to the downside, and those short “gamma” panic by
selling futures … want to see what an avalanche looks like on the downside?
… just wait for it, one is coming.
click on chart to enlarge
When you sit back and think about it, as I stated recently in another blog post,
stock indices are simply the “Comex Con Game” in reverse, with one major
difference … and that difference is that there’s far more “buy fuel” in the stock
indices from the “Plunge Protection Team” [PPT], corporate buybacks, and
central bank QE on meth, than gold could ever see from the sell side from the
“Rally Protection team” [RPT] … not even close … in addition, stock indices,
depending on which offshore brokerage house you’re trading, will have at least
one index where the bid/offer spread gives the edge to CFD’s over futures, and the
slippage is far less on fills than spot gold could ever hope to give you from the
scumbag bullion dealer banks … in other words, gold sucks as a trading vehicle,
and at least one [usually more] stock index is the clear winner as a trading
instrument.
But again I ask the question, “do you know how to defeat the manipulators and
make them work for you? … the TC algorithms do, and there isn’t a better trading
instrument than the DOW30 to do it … I’ll admit, if you aren’t a U.S. citizen, there
are offshore brokerage houses that offer a fantastic CFD spread in the U.S. SP500
[CoreSpreads / Australia @ 0.14 index points], and you can trade that instrument,
among others … unfortunately, that criteria doesn’t fit many of my readers / clients
… but no matter really, I go back to my original question … well, the TC tells you
how to do it, CASE CLOSED! … and I’m not asking you to believe me, cuz the data
and the charts lay out my analysis in full detail … FOLLOW THE “HOOVER DAM”
DIRECTIONS and make shiploads of money … deviate from the plan cuz I’m sure
you read a book on trading once, and suffer the consequences of the coin flip
… the algorithms make money, pure and simple, that’s not the hard part … the
hard part is YOU FOLLOWING THEM and making the trade when you’re supposed
to, not when you think it’s time cuz the trend is safe and in place … you want to
make money, in excess of 50+% a year, statistically reliable and with chat support,
or do you want to sit there? … for many, it’s time to shit or get off the pot,
whaddaya want to do? … you want free, go vote for Bernie Bro.
Trading is about making money in some instrument … that “trades”! … shocker to
some I know … and from there, protecting it and making sure it can grow into a
bigger pile that can be traded as well … but the story doesn’t end there … cuz of
government, and the “crazies” who somehow think what’s yours should be theirs,
you have to protect wealth as well, and there is no more UNFRIENDLY place in the
world for capital than the U.S., and getting worse by the frickin’ day.
Trump to give trade speech at Noon EST … one algorithm buy signal I ignored cuz
it came within 1 hour of his speech … don’t really want to get involved with
position squaring ahead of what he’s gonna say … yes, for the record, it would
have been a profitable trade, but this is more a “situational awareness” issue than
anything to do with trading … still, it is what it is, so live with the results and move
on to the next algo setup … so far today, a very tight range to deal with.
Watching the DOW30 as Trump speaks, and quite frankly it isn’t doing anything
… another day of “crickets” so far … the last 7 trading days, only 2 have done
anything, and those tiny ranges came on spikes, while 5 have been terrible … tiny
ranges and falling VIX adding to the woes of a manipulated market … so far, just
that one algo buy signal. Trump’s speech is finished, with a 2 question follow up,
and there’s no “there” there for markets … boring as hell as we head to the close,
no doubt with VIX getting smashed again today … if you’re a manipulator, you’re
loving this!
And then out of the blue, what takes an hour to do to go higher in the DOW30, gets
taken out in 3 minutes to the downside, inside mindless chop that makes
shoveling elephant shit at the circus look desirable by comparison … and this is
the kind of phenomenon that has become increasingly more common in the POLS
& Apparatchik’s trading paradigm, and something the TC directly confronts in the
M1 Scalpers Algorithm … specifically, chapter 6 is what guides our trades, and
this type of market behavior simply can’t exist under the algorithm rules .. and
while I can’t make the market move or do what I want, I can do my part by not
making “stupid shit” trades and sitting patiently and waiting.
This is day four, of some of the most pathetic trading action you’ll ever see in the
stock indices … one of the reasons I temper back TC algorithm expectations and
returns is cuz of periods like this where market action is lousy … remember, the
important thing about getting rich from trading is to avoid losses … especially
large losses … so, when faced with collapsing intraday VIX on some days, the
only prudent thing to do is wait it out … even with a collapsing 20 Day Range MA
this week, today’s pathetic 120 index point range [so far] is barely 50% … today,
we got one signal, but as I said earlier, it’s right before Trump’s speech, and I
don’t want to deal with extraneous bullshit during a trade … other than that,
there’s been nothing … it is what it is … until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!
-vegas
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