“Where ‘O where is Dr. No. when you need him!?”
Well now, isn’t that special … and although I predicted last night over in the ZH
comments section that it would be Kudlow who spilled the “Everything Is F-ing
Awesome Baby!” bullshit on the bogus“China trade deal”, it was the Chicoms who
let loose with some mighty horseshit of encouragement hours later … seriously,
what’s the difference between a bunch of ChiCom hacks and Kudlow?
[right, nothing]
And so, predictably, the HFT’s go orgasmic on the DOW30, and within seconds
it’s skyrocketed back over 27,800 … “speed of light … crickets” and not much of
a “Hoover Dam” thing in between … you gonna sit there and tell me you don’t see
the manipulation here? … how predictable is this shit, as the new currency of
choice to feed the mistress funds is the “China trade deal”? … who the hell needs
Brexit rumors anymore? … FFS! … of course, also predictable as the sun rising in
the East, is the fact the financial MSM won’t breathe a fucking word about it, lest
somebody in the 0.001% gets their “big girl panties” bunched up and in a bind
… you’re simply supposed to not notice this shit, cuz you are too stupid to know
better … and given the sorry ass shape of "edumacation" in the U.S., it’s more
important to be an SJW moron than to think critically about events happening
around you.
And in case you haven’t noticed, the ChiComs are the ones calling the shots,
and yanking & jerking markets around on “vapors” via political hacks in the MSM
… say something bad, get futures lower, buy the living shit out of ‘em … wait a
few hours and say something nice … futures skyrocket and then unload … rinse,
repeat, and you know the rest. The U.S. is getting played like a fucking cheap
violin, and the HFT’s are right there to make sure it happens quickly & profitably.
So here we are in the early A.M., hours before the NYSE opens, and it looks like
another day of “news bingo” … when does Trump roll out Kudlow from the
nearest bar, to get him cheer leading on CNBC again? We haven’t even opened
the NYSE cash market yet, and there have been at least 3 spikes from hell on
“news” RE our favorite new currency, the “China trade deal” … you can see the
chart of the “deal” every day on ZH, in the EOD recap, where there’s a chart of
the odds of success of a deal … given the chance, these guys would trade farts
from cows if they could securitize it and make a derivative CFD or futures
contract … anything they can manipulate to make money off of it, they’ll do in a
heartbeat … what a fucking joke.
And so, another “news bingo” moment, brought to you by the ChiCom hacks at
SCMP [South China Morning Post] … just think NYT [New York Times] or WaPo
[Washington Post] to Libtard “fake news” and you won’t be far off … the SCMP a
complete hack, rag paper beholden to Bejing and the party line …@ 9:07 AM EST,
here comes the spike … of course, there’s nothing after it, as the manipulators
cap the rally by selling into it, and thus liquidating pre-arranged long positions
from earlier … as I’ve said before, and you need to pay attention … “if you don’t
know who the Chump at the poker table is, it’s you”! … buy rallies and sell
breaks, and they will carve you up faster than that turkey you got waiting for
Thanksgiving!
An hour into this clusterfark, and the “Flying Wedge of Death” [FWD] is alive &
well, having seen the DOW30 go from high to low back to high and now back near
the low [so far, stay tuned, this could get messy] … a break of 27,500 and this
stuff turns nasty … there should be support all through the 27,500’s, but any
break below that will see the charts screaming to sell … we’re not that far away,
but I think it’s gonna be tough sledding to get it today and tomorrow before the
weekend … we’ll see.
Almost Noon in Gotham, and it’s another “protect & defend” NYSE session from
the manipulators, who simply refuse to let the market seek its own level on the
downside … after all the manipulation and bullshit overnight, what’s left to do in
the actual cash trading session? … and again today so far, it’s a rather boring
affair since the cash market has opened with nothing but a lot of chop … all
that’s left to wonder now, is when & where the next spike from hell comes from
and where it eventually rests.
Well, that didn’t take long did it? … who could have ever seen this coming?
… and just like that Trump talks auto tariffs against the E.U., and we got another
“bogeyman” to slam longs over the head with in seconds … and then it’s straight
up! … what a crock of manipulated shit … seriously, you can’t make this stuff up
… gosh, I hope no sell stops got ripped off? … can’t you just hear the bankers
fretting over the specs? … why do I get the feeling that at any moment we could
go 1000 higher or lower, and nobody would find it unusual? … good grief!
Sorry, I can’t say anything good about today’s session in the DOW30 … buffeted
by manipulators manipulating, spikes from hell all over the place, and once the
cash market opened, no real moves up/down that produced any new low or
correction off of any high … and without that, you’re swimming in a bucket of
slop looking for champagne, and ain’t gonna be happy with what you see … this
day is over, now that we’re into the final hour … BS all around, and it’s on to
tomorrow.
Friday sees big news on the website, and I’ll reveal my new “home” for trading
crude oil & crypto … throw into the mix some Hang Seng 50 & DAX30 when those
markets pick up from their 2 year lows in the 20 Day Range MA territory they’re
currently residing … as I have always said, the very best market to consistently
trade is crude oil … no other market gives you the ranges and intraday VIX on a
consistent basis than oil, either Brent or WTI … quite frankly, I don’t want to trade
oil in 1,000 barrel increments, so being able to trade 100 barrel increments
reduces risk … I also don’t want bullshit high margins just cuz the government
says so … margins at 100X fits nicely … give me that and a great bid/offer
spread, and I’m there! … well, after searching for what seems like forever, I’ve
found the oil & crypto home I’ve been looking for … and when you have the
details, you’ll want to be there as well … tomorrow’s the day … until then mi
amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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