“What the Hell is the difference? … right, there is none!”
So entirely predictable on every level … and here we go, the “war” gets pushed
out into some kind of guerilla warfare scenario, a kind of back & forth tit-for-tat,
where Vlad gets to play western futures markets for fun and profit, and Ukraine
sees billions upon billions of aid pour into the country … so, who wins and who
loses … well, the winners are clear to see … it’s the usual POL Grifters who stand
to benefit financially from aid, mainly through weapons systems built by shadowy
corporate types who employ fam members, fellow corporate Grifters, along with
the usual assortment of bribes, kickbacks, and commissions that make war a very
profitable business … then there are the losers … that would be anybody in
Ukraine “not in the money loop”, who gets to dodge bullets & bombs and hopes
like Hell he/she can make to the end of this clusterfark … ceasefire? … who the
Hell wants that? … no no, we got to have MOAR! MISSILES, BOMBS, & DRONES,
and we got to drag this out cuz there’s money to be made at the hands of human
suffering … THIS STUPID WAR COULD BE ENDED IN 5 MINUTES, BUT IT WON’T
CUZ TOO MANY POLS & APPARATCHIKS ARE MAKING A FORTUNE FROM
WEAPONS SYSTEMS! … go ahead journo’s, check it out … you won’t like what
you find after digging some.
Markets for their trouble are already past this “thing”, unless there’s a serious
escalation between Russia & NATO or the U.S. … otherwise, nobody is paying
attention any longer … it’s now an interest rate game, and the FED yesterday did
it’s part almost guaranteeing rate increase at every further meeting this year [6]
… and this is where USDJPY is most vulnerable, having violated 6 year highs
yesterday, and looking like it’s got a ways to go with plenty of corporate types
stuck … 123 - 125 the next resistance level, and if somehow 125.85 gives way, you
got to go a long way back in time to see these levels, further complicating any
pullbacks in the price level [Yen rally] that can bail out a whole shipload of banks
& corporate Jimbo’s caught the wrong way … cuz caught they are … and that
means most likely, if EURJPY is to “crack” and go lower, it’s gonna have to be
the EURUSD that folds the tent, and with inflation raging in the EU, that doesn’t
look to be happening anytime soon.
The natural winner here is EURJPY, and looking back in the history books, this
puppy can run when it gets going, and it’s not unusual to see multi month runs
straight up and/or down with very little corrective activity … and speaking of
which, this was the 4th day in a row of STRAIGHT UP … every second I’ve spent
behind the screen looking to get long EURJPY, this shit REFUSES to correct even
a little bit … and no, 5 - 10 PIPS ain’t a correction, especially in a non dollar cross
… and today, it looked like on several occasions, EURJPY was about to “shit the
bed”, but nope … a quick turn and it’s off to the races in leaps & bounds … not as
bad as GBPJPY, which is why we’re here here instead of there, but still it’s a new
run higher … 4 days in a row.
No trades in anything today … EURJPY can’t correct and give a signal to save its
frickin’ life over 8+ hours, and BTC today is DEAD … mid afternoon in New York,
and BTC doesn’t even have a 1K range … how pathetic is that? … yesterday
simply a one day wonder … WTF? … unreal is all I can say, especially EURJPY,
and I would be shocked to see a one-way street tomorrow going into the weekend
… this straight up/down shit is driving me nuts!! … now late into the afternoon of
New York, where nobody wants to get involved unless you’re insane, NOW it
starts to correct lightly … WTF, can’t do this the whole day, but now when nobody
is watching? … onto tomorrow.
… outta here … “The future’s so bright I need sunglasses”!! 😎😎
… Onward & Upward!!
-vegas
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