MARKETS AS PONZI SCHEMES WILL CONTINUE IN 2022

 

“When does this Ponzi shit ever end!?”

Nothing to be gleaned about today’s “markets” [cough, bullshit, cough] … to call

any of these so called tradeable instruments “markets” is a bastardization of

language … they are simply extensions of the Ponzi made whole by central banks,

with the FED “eyes deep” and running the show … another day of little activity in

Asia, with Europe contributing LESS THAN ZERO [natch!], and now the U.S. day

starts … gear up the Ponzi “Stonks” and wait for liftoff.

Nothing is gonna change in 2022 … nothing … FX will continue to be an

afterthought of heartburn … gold will continue to be suppressed and likely not

move much if at all … look for the “Spoos” to go over 6,000+ sometime in H2 of

the year, cuz it’s the only thing that matters to the corrupt FED … they’ll continue

to pump QE into the system, no matter what they say, cuz if they don’t the whole

shitshow circus falls apart … and even Spicoli is smart enough to realize you

don’t want that on your watch or resume … only a true revolution that destroys

the “Deep State” and the FED is gonna change anything, and with midterms not

coming until November, the environment for that has a probability of ZERO … the

only question is whether or not bucket shops like Turnkey can keep spreads in

line for us to trade, or whether scumbag liquidity providers [LP’s] they use turn

up the greed level and make life miserable for us … can’t say right now,

so we’ll see.

USDJPY, and really the entire FX space a complete joke … if you’re looking for

trading, this ain’t the place! … granted it’s Christmas week, and volumes &

liquidity are tapering quickly to zero to Friday … still, the space can’t ignore the

fact that spec volumes are practically zero, with the vast majority of traders

leaving the space cuz they’re sick & tired of being sick & tired of getting screwed

royally by scumbag bank LP’s and central bank manipulators … the only thing

moving FX at all is institutional flow, and that leads to scumbag bank front

running orders, and is the sole reason for straight up/down moves followed by

hours of nothingness [loser formation] … we’re not likely to see tomorrow or

Friday’s Christmas Eve trading be any better, and most likely will be worse

… quite frankly, right now there is no “trading” in any of FX, Yen included

… nobody gives a shit, and the institutions won’t care until we approach the

London Fix, where they’ll get screwed royally [but don’t care]. … and that will

be it for the day … it’s useless to attempt to trade something that won’t “trade”,

cuz if nothing really moves, you aren’t gonna see any “buy or sell fuel” to take

advantage … thinking there is some is only gonna get you into trouble, and if

any trade starts to go under water, there’s a very high probability it only bleeds

you to death over time to make matters worse, with no chance to make anything

back cuz of lack of movement … in other words, while it bears watching, trading

any of this shit under conditions like today is a death wish … maybe once

“Stonks” open things change … I doubt it, but we’ll see.

Looking at “Stock Bellies”, it’s pretty clear the FED via the “Plunge Protection

Team” [PPT] has a very close eye on the “Spoos” … make no mistake, it’s the

ONLY METRIC THE FED CARES ABOUT … if aggressive rate hike projections

can’t get this shit lower, along with “tapering” [or so they say], and we’re only

marginally lower after a couple of weeks of heartburn but no real damage, WTF

is it gonna take to get the freight train rolling down the mountain via sheer

panic? … and so, inside the world’s favorite casino game [“Stock Bellies”], up

and until some really big money starts to panic and some serious support levels

give way in the “Spoos”, sentiment is ALWAYS gonna be BTFD [Buy The Fucking

Dip], cuz an entire generation of players know [or think] it works to make money

… until that gets destroyed and leaves more than a few Sheeple swearing off

“Stonks” forever, the “Spoos” are destined to simply keep going … “besides,

inside the propaganda machine of the U.S. government, how can anything be

“bad” if “Stonks” keep rising”? … hell, even “Taliban Joe” can’t ruin the U.S.

stock market, and that’s sayin’ something! … sure, he’s an idiot and most people

ignore him, me included … there isn’t a single word he says that I believe … he’s

a demented, senile, corrupt, kiddie creep extraordinary, Deep State Swamp creature,

that should be in prison … and quite frankly, nobody in the country pays much

attention to his ramblings … simply continue to give him his pudding and wait

it out until he leaves [above or below ground who cares?], and Wall Street

simply continues the Ponzi without breaking a sweat thanks to the FED … I

will simply add that it’s a shame the trading community can’t offer a better

CFD in crude oil, cuz what we got now is a complete rip off … and while

Turnkey isn’t as bad as other houses, which believe it or not are even worse,

it’s still a rip off … there simply is no reason for it, but it is what it is.

We’re in our 50th year of FX trading, where the last 5 - 6 years have not been

good … no wait, they’ve been a disaster … huge loss of volumes & liquidity

thanks to central bank manipulations, and specs deserting the space for either

“Stock Bellies”, crude oil, or crypto … and I’d say in the last year, crypto gets the

lion’s share of the FX loss … all we need to be profitable via the algorithm are FX

pairs that can move 50+ PIPs in an extended European session [late Asia, all of

Europe, and the first part of the U.S. session], but we can’t even get that, except

rarely on some days where news trumps order flow … will this change? … dunno,

but I have serious doubts.

Turning to today’s FUBAR “markets”, as I said earlier FX is a joke so fugetaboutit

for today, cuz it’s nothing but a meat grinder for idiots trying to beat the scumbag

banks, and that ain’t gonna happen  … “Stock Bellies” quiet, as the “Spoos” are

UNCH’D from yesterday’s closing level inside a relatively tight range before the

NYSE open … things are starting to thin out, and I’m wondering if anybody

gives a shit? … we’ll see as we work towards the NYSE open.

Welcome to the “Santa Pump” … 2 ½ hours of straight up in the “Spoos”, for no

reason whatsoever other than it can and has the blessing of the FED’s “Plunge

Protection Team” [PPT] … the country is falling apart, run by a demented Dope,

but hey who cares look my “Stonks” are rallying! … hasn’t corrected at all, except

for a few meaningless index points, which is not a correction … and if it starts to

give way after 2 PM EST, you won’t want to buy it cuz there’s no time left and too

many people are long … the odds of getting trapped by scumbag banks is high if

that happens … quite frankly, just an absolute shit day all around in manipulated

markets if you’re looking for markets that “trade” … only exception is Cable, and

that’s only cuz BoJo backed down from a Christmas lockdown to save his sorry

ass political skin … if he hadn’t, he’d be gone by Monday from a Tory rebellion,

and therefore there’s a relief rally in Cable from shorts … outside of that, it’s

pathetic and I’m being nice.

No better in crypto as we find ourselves in day 9 from the December 13th range

in ETH … highs keep getting lower and the lows keep getting higher, all the while

making for some extremely shit trading conditions on tiny ranges … all of you

who think crypto never faces trading issues, guess again … we’re in one right now,

and who knows when the “whales” decide to take it again for another wild ride

… one thing is for sure, and that’s when it breaks out from this, there’s gonna be

some explosive action … we need VIX in order to trade crypto, otherwise it’s no

better than anything else on the MT4, and when things slow dramatically, nobody

reaches for your limit buys / sells and you can’t get orders off … now whaddaya

do? … if you go “market order” on both sides, you pay a very steep “gas fee”

price and that defeats a big reason for being here in the first place … so, you

don’t trade it when VIX slows dramatically like it’s done the last 9 days.

Here’s an outlier prediction for over the Holiday period … the DC “Deep State

Swamp” is setting up “Taliban Joe” for exit stage left … quite frankly they don’t

care if it’s “toes up” cuz of COVID, or he’s replaced cuz he gets Omicron or some

other strain and sent packing, if he gets sick he’s GONE! … and then comes the

“Manchurian Candidate” VP and all hell breaks loose cuz she’s a “train wreck”

… you heard it here first … not predictin’, just sayin’ cuz it’s all adding up for a

complete disaster for the 2022 midterms unless they can get rid of him and

convince Sheeple there’s a new Sheriff in town … and with him coughing at the

podium and looking like death warmed over to begin with practically every time

he appears in public, what better excuse to send him packing than Omicron?

… in a box or to the home, who cares? … it’s just too perfect a setup for my taste,

and it gives DEMS [a/k/a Communists] time to prepare for November elections

and quite possibly retaining power … of course, the idiot RINO GOP is clueless,

so don’t look to them for any help or comfort.

No trades today in anything, either for the PAMM or in crypto for “The Syndicate”

… 10+ hours in USDJPY and we got a 20 PIP range … what the hell does anybody

do with this? … 8+ hours in the SP500, and for the last 5+, it’s straight up and only

now a few minutes before 2 PM EST, we get our FIRST corrective break

… wonderful, with the clock ticking towards the close, who’s gonna be buying this

shit now? … long moves without corrective activity, when they finally see

corrective activity, you don’t want it then cuz IT’S OVER! … and in crypto over in

ETH, 9+ hours and we don’t even have a $100 range … just complete bullshit

chop up/down with no volume and nobody reaching for limit orders cuz they don’t

have to … and without executing limit orders, gas fees become a major problem

& headache for profitability, so nothing to do here as well … in other words, it’s

total bullshit across the board of what I’m watching … Merry Christmas!

Tomorrow is likely to be worse than today, but who knows? .. we’ll see … onto

tomorrow. 

… outta here … “The future’s so bright I need sunglasses!! 😎

… Onward & Upward!!

-vegas