WHEN EVERYTHING BECOMES PROPAGANDA

“It’s a sick, sick world, and not just from coronavirus either!”

I thought I had seen just about everything there is to see, and then comes

yesterday’s press conference with WHO Apparatchiks, with their update on the

coronavirus pandemic sweeping China & the world … “didn’t know I had tuned

in to a tourism & “dog & pony” show for ChiComs elites … can you just talk about

the virus, and efforts to get rid of it? … no, you get treated to propaganda on how

wonderful ChiCom leadership is, and could you please take your tongue out of

Xi’s ass”? … so even public health issues are being spun for political purpose

… see my shocked face.

Maybe the WHO Apparatchiks didn’t see the photo directly below, taken in Wuhan

yesterday … you won’t see it in U.S. media, cuz it’s censored and might leave a

bad impression on people, who might think the ChiComs are total fuck ups, and

we can’t have that … instead, focus on the “glorious leadership” of Xi & crew, and

then ask yourself if the guy laying on the ground thinks the same thing … I’m

guessing no … when does the coup start?

“Very disturbing, but who gives a fuck? … stocks are rallying”!

And whatever you do, don’t question ChiCom leadership in handling the crisis,

cuz it might threaten your bag of Yuan under the table … only thing is, you end up

embarrassing yourself. Directly below, a link to an article highlighting ChiCom

lying about the crisis.

https://www.dailymail.co.uk/news/article-7951279/China-accused-lying-true-scale-

coronavirus.html

Quite frankly, what we are exposed to is not “factual” truth, but “narrative” truth

… made infamous by the Nazi’s and adopted wholeheartedly by Western &

totalitarian governments since 1945 … telecommunications via the internet has

only made it faster and easier to access in calling them out … in financial trading,

we’re led to believe the propaganda from central banks, most notably the Twits at

the FED … “printing money via QE is “good” … inflation is “good” … artificially

manipulating markets is “good” … trust us cuz we’re “good” people serving the

public” … what a crock of shit … serving global elitists and their agenda since

1913!

From where I’m sittin’, the “truth” is simple … and that “truth” is that China,

specifically their leadership, is in big, deep, internal trouble … my guess is that

the entire coronavirus was released by China’s military biological weapons group

as a “false flag” … slowing economic growth, exploding debt & state owned

corporate bankruptcies, big trouble in Hong Kong, exploding food inflation

mainly due to a pig virus they have been unable to control, and it’s easy to see

that “Winnie the Pooh” needs an escape goat to avoid a “palace coup” … that

things are getting much worse in China is an understatement … more importantly,

disruptions in the world’s supply chains for cheap goods is threatened, and with

stocks at “nosebleed” levels, what could possibly go wrong?

Of course, the FED’s solution is either 1) do nothing, or 2) cut interest rates, and

to a business going bankrupt cutting interest rates by 25 basis points is like

pushing on a string … all it does is help the likes of the Wall Street criminal

element like Squid & JPM, but it does ZERO for anybody else … EXIT QUESTION:

“how long before people wake the fuck up & realize they are being force fed

propaganda 24/7/365”?

“Well, that escalated quickly to the downside, didn’t it”? … more & more countries

overnight seeing new cases of coronavirus and closing borders while restricting

airline flights … “when everybody is either dead or holed up in a cave somewhere,

it’s bullish for stocks cuz the FED will cut rates! … buy MOAR!! … what fucking

lunacy before us … the main question for markets today, on a Friday, is who wants

to bet that over the next 2 days into Monday, this pandemic won’t get worse?

… answer that, and it’s “winner winner, chicken dinner”!

And once again, another one of those amazing “coincidences” that seem to

always happen as the criminal element of early bird Wall Street traders get to their

desks as the sun rises in New York … “wink wink, nod nod ... can’t have those

foreign banks getting part of the “Plunge Protection Team” [PPT] booty now can

we? … nope, have to feed the thieves sitting on Wall Street bank trading desks

getting first crack, simply cuz when we leave that’s where we go for our next gig

… you scratch my back, I’ll scratch yours later … as I’ve stated many times, the

NYSE is the world’s largest money laundering scheme on parade daily”!

As I said yesterday, we are firmly in the back “6” of the stock indices trading

paradigm … the PPT will NOT sop up selling, and today sees some major league

flipping from dealers, CTA’s, and large hedge funds RE “short gamma”, where the

pain level on the SP500 is around 3250-ish … earlier today that level got taken out

back and shot in the head … and for those not aware, being “gamma short”

means you’re short option puts … and when the market starts going

“bigly & yuge” down against you, the only thing you can do to avoid account

destruction is sell into the break … and the more futures break the more you sell

… it’s a vicious feedback loop that takes no prisoners.

Another big problem stock indices have right now is what I would call the “great

unwind” … people have been positioned long for weeks / months / years, and as

I said yesterday about “stories”, this “story” [pandemic] will rouse emotions like

few “black swan” events can … and we haven’t even started the cycle of margin

calls, redemptions of mutual funds, and the forced selling that emanates from that

on the NYSE open … and if this “story” turns really ugly, on a par with the 1918

“blue flu” epidemic that killed millions, I’m just telling you right now NOBODY

knows where the bottom might be … what I can tell you is what I said yesterday

and what we saw yesterday, which is the relief rallies will rip your face off if you’re

short … they are wicked fast.

Here in the early PM of Gotham, this is turning ugly quickly … and if the weekend

sees any major escalation of coronavirus cases & deaths, along with the same

level of cluelessness witnessed so far by those who should know better, but

instead try and put “spin” on this … well, Monday could make today look like mild

profit taking … on the other hand, the situation could also improve, and if that

happens shorts get taken to the woodshed and beaten with an ugly stick.

I said in an earlier blog the problems I face trading the PAMM / MAM at Turnkey

… it is what it is, and I can’t make fills better or order latency issues on time any

better either … put simply, I have to trade it differently than I do the PAMM / MAM

at FX CHOICE, and my risk on trades is higher while the potential profit is higher

as well … FX CHOICE gives me exactly what I want when I want it, and so returns

[when I don’t fuck up and play retard kitten] are more consistent and steady

… outside of the screw up earlier, it was a good week despite the DOW30 getting

gobsmacked … and today, that comes into focus in spades.

We did get some algorithm buy signals today … and while the Turnkey

PAMM / MAM is down a few percent, the FX CHOICE PAMM / MAM IS UP slightly

more than 0.3%.

Why the diff? … cuz I can’t purely scalp trades at Turnkey like I can at FX CHOICE

… if I attempt to trade the same, I’m almost guaranteed a loser … therefore, I have

to use stops underneath the market and run the risk they get “run”, while

positioning for a rally where I can sell a spike … and today, this comes into focus

cuz we have M1 down spikes from hell … some 30 - 60 index points lower in

seconds … I don’t have that problem at FX CHOICE, so while one produces profit,

the other one gets stopped out literally seconds later … it is what it is, and I can’t

change anything they do … it would be even better trading NDX100 at PRIMEXBT,

but that isn’t available. I can only do what I can do, and I have to make the

adjustment.

This is the first day in a long time, where the trading action during the NYSE day

has been this punishing … trading conditions are simply brutal as people panic

… and while the selling panic isn’t totally out of control yet, the red flags are up

the flagpole, and it sure will be interesting to see what next week brings … and

as a reminder, it wouldn’t be nearly this bad if the morons in the faculty lounge

hadn’t stepped all over VIX for months on end and propped the markets with QE

funny money … now VIX explodes, and the thing they wished to suppress comes

back to bite them in the ass … delusional hubris strikes again.

Blog update on Sunday … until then mi amigos … Onward & Upward!! 

Have a great weekend everybody!

-vegas

CHICOMS: “NO NEED TO PANIC” … TRUST ME, PANIC

“Too bad we don’t have similar rules for government!”

That they are lying pieces of total shit should be no surprise to any adult with one

functioning brain cell … from the ChiComs, Twits at the FED, unindicted felons

currently in Congress, POLS & Apparatchiks everywhere, high school guidance

counselors, bankers, anybody with an SJW degree, especially Libtards, and finally

lawyers & doctors … whatever they “say” turn right around and do the exact

opposite and you’ll be in the driver’s seat.

Make no mistake, the “ordinary” people of the world that make everything work,

have had it with lying, scumbag governments … from Brexit, Italy, Brazil, and in

the U.S. as well with the election of Trump … and in China, if this coronavirus

goes full retard “panic city”, and escalates further from here to a full blown

pandemic that kills hundreds of thousands or millions of people, the societal

“earthquake” will topple anything / everything clueless morons at the FED throw

at the crisis to maintain “bubble-esque” stock prices.

A quick glance at any of the U.S. stock indices weekly charts will lead any sane

person towards a case of pure vertigo … that the FED & other central banks are

throwing TRILLIONS OF DOLLARS PER YEAR at stock prices at these levels, can

only make you wonder what happens when they finally see the “writing on the

wall” and pull the central bank “Put” that investors around the world have been

counting on for years [decades really] … and when “Ma & Pa” get cleaned out,

the sense of betrayal by the public towards bankers, POLS, & Apparatchiks will

be enormous … when SHTF, everybody in power everywhere needs scapegoats

… already, “glorious, infallible leaders” of the ChiComs have blamed the Mayor

of Wuhan for the crisis, and his head is either about to roll, or he’s already been

quietly shipped off to a “re-education” camp for his benefit … here in the U.S., it

will be no different … “if I’m Spicoli, I’ve got my eyes firmly fixed on an escape

route, should I need one, right towards one of Hitler’s old bunkers, where I can

chill ‘till the desire for my head cools” … and the world will learn yet again as it

has countless times in the past, that when so called “leaders” say something can

never happen again, turn right around and prepare cuz the probability of it

happening has just skyrocketed … and when you have corrupt & immoral

“leaders” at every single level of power from dog catcher to Congress, mixed

with a very high dose of hubris & their own infallibility, you have the makings of

a “train wreck” disaster … and quite frankly folks, we’re right there at the edge of

the cliff staring into the abyss.

Here early, hours from the NYSE open, it looks like the “Plunge Protection Team”

[PPT] is defending the 28,500 level on the DOW30 & the 3250-ish level on the

SP500 … as we move closer to the open, it will be interesting to see how they

respond not “if” selling pressure reappears, but “when” it reappears … and if we

get underneath the lows set by the “war that wasn’t” with Iran on January 8th, it’s

gonna set off some “bells & whistles” on the weekly charts with big money, that

I’m sure is gonna make the FED uncomfortable … “cuz when you literally throw

hundreds of billions of dollars a MONTH of “QE funny money” at the wall, and it

ain’t stickin’, and nobody is buying what you’re selling, you got a very big

problem” … and trust me, the FED can read charts like anybody else … they

know what a breach of these levels means, and how it perverts investor

psychology, and up and until it gets violated, they will throw more at it as fast and

as often as necessary to stem the tide … question is, can they do it successfully

and whether the storm this time, and the jury is still out on that one. But of

greater significance, is the fact they think they can do it forever, and that’s where

the real problem lies. Cuz after years of these “hijinks”, the trading community

has picked up on their game, and their influence is waning … what happens when

they give up, will be analogous to what happened with EURCHF in January 2015

when the Swiss decided to end the 1.20 peg to the Euro, only much bigger … it will

be a sight to behold.

Well, here we go, as the PPT comes in an hour before the NYSE open and mauls

the “Tulip Bulb 30” higher in seconds … more than likely a taste of things to come

as the FED gets more & more desperate around key support levels they deem as

strategically important for investor psychology … “Dr. Goebbels, please call your

office or pick up the white courtesy phone”!

Another PPT ramp on the NYSE open … clearly, nothing says buy MOAR!, like a

world viral pandemic … “are you not entertained”!? … a bigger shitshow circus of

pure manipulation the world has never seen … what a fucking joke … EXIT

QUESTION FOR THE MANIPULATORS: “why fuck around? … why don’t you just

print another trillion or so [at this point what does it matter?] and just send it to

recorder-er-er-er-er new all time highs and get it the fuck over with already”?

… apparently, nobody knew the coronavirus is long SP500 futures … see my

shockingly shocked face!

“Well, that escalated quickly to the downside, didn’t it”? … seems somebody ain’t

buyin’ what the PPT is sellin’ … and now towards late morning, we’re back down

near the low of the day, where the PPT makes another “stick save” and tulips rally

… heads up cuz in about less than half an hour, the august [cough, bullshit,

cough] World Health Organization [WHO] will have a conference call on the

coronavirus … EXIT QUESTION: “who’s getting paid what to say there’s no

pandemic”? … anybody seen the viral videos off the internet of folks literally

trapped in Wuhan and dying? … it looks like episodes from “The Walking Dead”

… but sure, no worries … can we now expect new highs for the day once the

news conference is over? … quite frankly, the snake in the “Garden of Eden” has

more credibility than WHO and/or the CDC, or any of the other political hacks that

infect alphabet soup government or quasi-government agencies … “hi, we’re here

from the government and we’re here to help”! … run people, fucking run!

Oh boy!!! … here comes Kudlow!, talking up stocks & the economy just in time

… amazing coincidence, don’tchathink? … yea, no attempt at manipulation here,

no no no no no no no, just some “plain talk” from one Amercain to another

… Bueller? … Goebbels? … anybody home?

And right off near the low, here comes the PPT again, this time with another 200

point straight up ramp, killing shorts in the process again … and what you’re

seeing here if you’re watching this, is the complete bastardization of the trading

process that “normal” markets enjoy … but, as we all know this isn’t a “market”

but a Ponzi scheme, and their actions completely “skew” trading action to either

“all buy” or “all sell” NOW!, with almost nothing in between … unfortunately, this

is what we can come to expect when stock indices are in the back “6” of the

“88/6/6” trading paradigm. In other words, totally fucked up trading conditions.

So, we’ve had today nothing but straight up, then straight down, then straight up,

all inside a 200 index point window, thus insuring anybody who hangs onto

anything gets his/her ass handed to them … thanks FED, you’re doing a bang up

job.

We find ourselves in the back “6” of the trading paradigm, and I will remind

people that trading conditions can get quite “hairy” & disjointed many times

… far more than when we’re in front at the “88” … as such, you have to be

especially vigilant around support & resistance areas on the HR1 & HR4 chart, as

they can set off vicious sell stops that will see fills nowhere near where you think

they’ll be … in addition, turns off of rallies on the M1’s can be extremely vicious

on the downside, and if you wait for the turn it could get ugly quickly … you have

to liquidate and sell longs on the way up … what happens next doesn’t matter.

As a result of us now being, for how long is anybody’s guess, in the back part of

the “88/6/6” paradigm, the PPT is gonna be a major force in the market and skew

the shit out of trading when they don’t get their “market wish”, which is to see

higher prices on tulips … it is what it is and I can’t do anything about that … the

effect, though, on trading the algorithm means less buy signals cuz we can’t get

the “normal” ebb & flo in the market … instead, it’s straight up, then straight

down, rinse & repeat for more tulip bulb points than anybody is comfortable with

… and today is a perfect example of their machinations and attempts to destroy

ALL SPECS … they hate us for trying to ride their back, and they sure as hell hate

shorts and will do more to kill them as often as possible … back parts of the

paradigm have powerful “stories”  attached to them, and you have to pay attention

to the “story”, cuz when it dies down or reverses, it’s lights out on the upside

… when the “story” escalates, vicious & eye watering gaps on the downside are

very common, and they wipe out a lot of traders … the PPT knows this, as well as

the scumbag banks, and they will use heightened panic on both sides to push

things to give off “false positives” on popular MT4 & MT5 trading platforms, only

to suck traders in, and then pull the trap door and sink unsuspecting traders

faster than Wile E. Coyote chasing the roadrunner.

No trades today in the FX CHOICE PAMM / MAM … outside of the first 30 minutes

of trading, there weren’t any legit signals … there were a couple that came inside

that first 30 minutes, and I skipped them cuz of the presence of the PPT skewing

the shit out of the market on the upside, and in retrospect it was wise to skip them

cuz although I could have made a few points, when the market turned it was not

so pretty. The Turnkey PAMM / MAM saw some trades … UP SLIGHTLY LESS

THAN 0.3% … here, the difference is that I have to adjust my trading for their

sloppy and shit conditions … there’s slightly more risk involved, but I am forced

to stay in the market longer than I would like for scalp trades.

Another last hour “dump & pump”, as these assholes seem to never give up

… like Tuesday, today there isn’t anything positive I can say about this market

from a “trading action” perspective … very sloppy & disjointed and almost every

minute of the entire day saw price whip around … overnight, more word from the

Chicoms and others on just how bad the pandemic has gotten … it’s what will

drive trading tonight & Friday … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas