Millions of people tailgating & attending football games across the fruited plain,
and I don’t see no stinkin’ pandemic! … Australia & New Zealand turned into
prison colonies once again, although this time it’s not by the British, but by their
own elected “Little Joe Stalins” … got to wear a “head condom” to eat in a
restaurant in NYC, and the dictator Fauci says it’s “too soon to tell if people can
get together for Christmas” … NEWS FLASH FOR FAUCI: “GFY pal, you ain’t my
mother, and you need to be in jail”! … just WTF does this little shit weasel think
he is? … meanwhile, the people responsible for killing a family of Afghans with a
drone strike go free, and the Marine who speaks out against military leadership
that allowed it to happen is in the brig … welcome to “Taliban Joe’s” America!
Well, that escalated quickly didn’t it? … what’s not to like with “Stonks”, with
skyrocketing energy prices, inflation out of control, foreign policy a nightmare,
the ChiComs beating the war drums over Taiwan, and a bumbling, demented,
criminal who pretends he’s Preezy? … if only somebody could have foreseen all
of this when “Taliban Joe” stole the election … quite frankly, I thought it would
take longer than 8 months to ruin the “U.S. of China”, but when knucklehead
Communists take charge, change happens fast! … meanwhile, “Taliban Joe”
is taking a nap.
Meanwhile over in FX, with the world preparing for war with China, money flows
into that safe haven FX pair, GBPUSD … wait, WUT? … FUBAR top to bottom,
and with no spec order flow to speak of, it’s back to the one-way street flow of
institutional orders getting front runned by scumbag banks … and when the
straight run is over, you can’t buy the correction cuz it’s too late, & the 20 Day
Range MA has been exceeded by a wide margin … where’s it gonna go Skippy?
… from a trading action perspective, FX is about as screwed up as it can get.
“Spoos” get clubbed like a baby seal at a Japanese whale hunt … and rightly so,
cuz looking at energy prices, most notably Nat Gas in Europe, this is an economic
killer … coupled with Doofus central bankers & POLS who ALWAYS MAKE THE
PROBLEM WORSE, the only people chuckling are Vlad & the boys with the energy
to export … and it’s one of those back “6” paradigm days in the SP500, where
we’re -3 sigma [at least] parked in “the Twilight Zone”, where there are no rules
and ANYTHING CAN HAPPEN AND MOST LIKELY WILL … apply your model
standards in here, and you ain’t gonna like what happens next!
What makes matters worse, is that from a charts perspective, there’s potential
for a very long way to go on the downside … this wouldn’t be a problem if the
“Stock Bellies” complex traded free from FED interference & control, but they
don’t and the lack of downside action cuz the Elites don’t want it, and so the
FED manipulates VIX, makes for MOAR! VIX when SHTF … and shit is hitting the
fan in spades, and with a total ASSCLOWN as Preezy, sit back & watch as this
Dope makes things infinitely worse … what we need to see for a bottom, IMHO, is
a complete capitulation wipeout to the downside emanating at the NYSE open,
where Ma & Pa from Des Moines, along with margin calls, sells into a waterfall
of price declines that sees the SP500 down 100 - 200+ points at the open from
45 minutes earlier … and I think we got a ways to go before seeing it, with the
“Spoos” going below 4000 … could be totally wrong, but the forces in play point
in that direction.
No trades today in the Turnkey PAMM … Cable a one-way street without
corrective activity, and the “Spoos” in the back “6” of the paradigm … just
nothing to do but risk 20 to make 1 … screw that.
Meanwhile over in crypto, “The Syndicate” UP APPROXIMATELY 0.8%
Good 2 way trading today in BTC … this is what a “free” market looks and trades
like, unlike the horseshit that passes for trading on the MT4 or MT5 in traditional
MANIPULATED markets … what a difference! … no scumbag banks AND ALL
SPECS, most of whom have no clue what they’re doing … FOMO & PANIC rule
the day … much more on crypto in tomorrow’s blog post!
Crude oil today with a $3 range … Turnkey’s scumbag HFT LP with a 6 - 7 cent
bid / offer spread … as I said before, they aren’t gonna allow you to scalp for
easy money, so they raise the spread … would be nice to be able to trade this
market, but Turnkey’s scumbag LP makes it impossible to play with this kind of
Vito Corleone “vig” … pathetic … and if oil continues to go higher, you can
expect to see pressure on the “Spoos”, and the DAX40 if you trade that … both
very sensitive to higher energy costs in trade & manufacturing.
Outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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