MARKETS ARE COMPLETELY BROKEN

“You are destined to be a trader my boy!”

I’m simply absent words to describe stock indices these days, although you can

throw in the FX shit along with gold & crude oil for shits & giggles as well, cuz

they’re completely broken markets as well … FUBAR top to bottom … thanks FED,

your manipulations have done a bang up job … quite frankly, central bankers the

world over should be lined up against a wall and shot for what they have

unleashed … truly pathetic, regrettable, and criminal … and what we end up with

are days like yesterday and today in the NDX100, where 100+ index point moves

within 10 minutes are littered all over the place, along with the scumbag LP banks,

led by Turnkey’s mob of thieves & crooks handing out slippage of 10 - 20 index

points on fills … you can’t trade this, you simply can’t, unless you’re a gambling

junkie, cuz that’s what it is … with fills from hell, dishonest bid/offer spreads, and

volumes disappearing before your very eyes, you really would have better odds

playing Keno.

Overnight, try as they may to keep the NDX100 from falling, news flow once again

catches up with the “Robinhood traders”, who never met a NASDAQ 4 letter

symbol they didn’t love or think should be at $3,000 per share … and these

Millennial dopes have been fleeced rather nicely … so far since the open, M1

ranges are averaging 30 index points … add the “triple fuck you” slippage from

the usual suspects, and tell me again what I’m supposed to do with this shit?

… meanwhile, the DAX30 is in the corner sitting this one out with a pathetic range,

and not at all surprising given the circumstances … that market doing ZILCH.

And as we head towards the Noon hour in Gotham, markets are a bag of shit on

fire waiting for you to step on the largest bag … volumes & liquidity a fucking

joke … THERE IS NOTHING HERE! … there isn’t any trading, only lurching at the

speed of light to fuck spec buy/sell orders or stops … there is ZERO flow to

anything, although I’d look for the scumbag banks to let the NASDAQ rally so it

can be crushed in seconds, and that’s exactly what we’ve seen the first part of

this day … this is truly pathetic on so many levels … a pure reflection of society

as a whole IMHO.

Yesterday’s clusterfark only the second time in 12 years the NDX100 has been

up 2%+, and finish the day down -2%+ … the other time in March on the CHICOM

WUHAN KUNG FU FLU … I don’t think you can overlook the significance of the

key reversal yesterday and the damage done … at best, some backing & filling

before this rally resumes, and at worst it’s “look out below” … how many times

today did the FOMO crowd get royally screwed buying rallies? … only to see

price get crushed in seconds, sometimes brutally.

No trades today in the TURNKEY PAMM / MAM.

Why no trades? … cuz I’m not giving these LP assholes 10 - 20+ index points in

slippage on every “Hoover Dam” trade … 30 minutes to the close, and it's a daily

candlestick doji on the chart … where have we gone? … and yet, slippage is far

worse than I think I’ve ever seen before … that bid/offer quote is nothing but a

mirage … they fill you where they want to fill you, and depending on the

“greed level” they happen to be at, you’re gonna get bent over a railing … no

thanks … this is as bad as I’ve ever seen it … sure plenty of signals today, but

where / how do I get out when I have no fucking clue where my fill is gonna be?

… some of these M1’s today had slippage in excess of 40+ index points!

… simply untradeable under these conditions … and on a “doji” day no less,

which makes it all the more reprehensible & pathetic, cuz no matter long / short,

you click the button you’re gonna wish you hadn’t … hopefully some semblance

of sanity returns tomorrow, and I’ll pick it up again then.

… until tomorrow … Onward & Upward!!

-vegas