Loss of freedoms, the WUHAN KUNG FU FLU, an ever worsening economy, and last
but certainly not least, the largest CLUELESS political class evahhhh seen … all of
these things and more got you down Skippy? … well cheer up, directly below the
“OFFICIAL” song of the FED, where on good authority of anonymous sources inside
WaPo & NYT, it plays nonstop! … go ahead, give yourself 2 minutes & 44 seconds of
pure delight, and watch the blues wash away, knowing “your betters” are on the
scene to FUBAR everything they touch!
https://www.youtube.com/watch?v=StTqXEQ2l-Y
And if that doesn’t cheer you up, or maybe not enough, all you ever need to know
about “Stock Bellies” is right here, directly below! … no need to send your kids to
worthless indoctrination [a/k/a “college”], just have them watch the 3 VIDS I LIST
HERE!
https://www.youtube.com/watch?v=_WoLqtw681Y
“For the Federal Reserve so loved the world that they gave us their anointed
son Jerome Powell, and that whoever believes in buying the fucking dip shall
not perish, but obtain eternal P&L life. Amen.” - Cardinal Cash
https://www.youtube.com/watch?v=0akBdQa55b4
“What we have here is a failure to communicate … just BTFD, you fucking
idiot”! … and if these 3 VIDS don’t make you laugh and cheer you up, nothing
ever will … seriously, I almost soiled myself with laughter … and yea, there’s
floor trader language throughout the last 2, with many “F-bombs” for added
emphasis that only make them more hilarious IMHO … if they offend some, I
don’t care, just deal with it.
Reviewing our portfolio models, the BTC trade on right now is UP
approximately $4,369, the GLD trade on right now is UP approximately a
whopping $8, and the SLV trade on right now is DOWN approximately $183
… taken as a whole, they’re working just like they’re supposed to be working
… if I had to choose one group to focus on, though, it would be BTC, simply
cuz the options prices are, to put it mildly, “F-ing ridiculous” … premiums are
well OVER 100%+ annually, and if the trades are done right, meaning you
protect yourself and don’t do “stupid shit”, back the Brinks truck up … I
would caution though, that near term expirations in OTM “calls & puts” run
the very real high risk of “gamma squeezes” you may not be able to trade your
way out of or get adequate protection cuz price is moving while time is running
out … so be very careful when thinking about “days away” expirations and the
phantom “fat premiums” that look like low hanging fruit. IMHO, you’re much
better off playing longer term time frames.
This week sees me back in the NDX100, and if conditions are right the DAX30
as well … trading algorithms in general can’t deal with the utter bullshit seen
in the DOW30 on Friday from Turnkey’s LP’s … a bigger bunch of thieves in
trading finance you’ll never find, and it wasn’t even that volatile a day, with
barely a 200 index point range … now I know why nobody trades it, and instead
the volumes go elsewhere … but anyway, water underneath the bridge, time to
move on … I think we’ll be OK in either the DAX30 or NDX100 … the former for
trading before the NYSE opens, the NDX100 after the cash open … by all
accounts of measurement that I can see, the scalping algo does extraordinarily
well in both … onto the week.
… outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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