Well, it’s that time of month … yes, another market menstrual cycle is upon us,
complete with plenty of cramping, bloating, and of course blood … market
tampons, a/k/a scumbag banks, come to the rescue and keep it all out of sight
for the masses … and like in the real world, this too shall pass!
Markets are poised for a softer NFP lie … nothing major, like a “bigly & yuge”
sigma miss to the downside, just enough to nudge the sycophant Wall Street
analysts to immediately suggest the numbers are “positive” for risk assets
… cuz lately, risk assets [a/k/a “Stock Bellies”, gold, and FX pairs] have been
beaten worse than a baby seal at a Japanese whale hunt … so, markets are
poised for rallies … can the math whiz kids deliver? … and it makes me wonder
with deep, very deep Homer Simpson thoughts … what happens when the math
whiz kids at the Department of Unicorns & Fairy Tales find out that the POLS,
Apparatchiks, & regulators get scumbag bank “skim” for acting like
“The Three Blind Mice” … “Hey M-Fers, where the fuck is our skim? … nice
position you got there, would be a shame if something “unexpectedly bad”
happened to it … just sayin’ … I mean, you know, shit happens right?”
Well now, that escalated quickly didn’t it? … +357K jobs my ass … why stop now
with the fantasyland numbers? … 5%+ on the 10 YR. Treasury on the horizon
… also on the horizon is a further drain on the banking system as people take
money out of the bank where they’re getting stiffed by scumbag bankers, and
placing funds into money market funds paying substantially higher rates … this
will create the next banking crisis cuz when people take money out, banks have
to sell their Treasury holdings to meet the withdrawal, and they get to sell
government paper that is falling in price … according to Trading View [TV] data,
over the last 6 months, with today’s rise in yields, the 10 YR yield is up an
astounding 46.9%! … and that bank loss in value comes from banks retained
earnings, if they have any left … and when that reaches ZERO, Jamie Dimon &
JPM steps in and buys their customer base … amazing how that works and
enriches the Elites isn’t it?
As a result, risk assets are getting monkey hammered … the comedy show will
continue as feeble Joe Biden gives a presser to brag about the made up,
fantasy numbers while taking credit for fantasy jobs that don’t really exist … and
if they do exist, they’re 2nd hand part time jobs with ZILCH benefits that pay shit
wages … and even the whiz kids admit this … the report says FULL TIME
WORKERS DROPPED 22K! … which leads me to conclude why anybody
believes any of this shit is beyond me, but it’s clear as crystal the FED Lounge
Lizards want a DEPRESSION … not only to raise the value of their Treasury
holdings cuz of lower rates, but also to ruin the banking industry and see a
“bigly & yuge” consolidation of power concentrated in 4 or 5 “super banks”,
with of course JPM heading the list … amazing how that works and enriches
the Elites isn’t it?
I said earlier risk assets were poised for a rally, and with a sharp multiple sigma
miss to the upside in reported fantasy jobs, it gave the banks the opportunity to
load the boat and turn it around … everything but crude oil participating in the
sharp move higher … from a scalping perspective, it doesn’t get much better
than this, and the algorithm using the stochastic + VIDYA CMO simply nails long
or short scalps to the barn door! … while position holders yank their hair out and
go full retard mental, all scalpers should care about is movement … just move
baby! … OK, it’s moving!
But there’s one little problem with today’s trading for the PAMM in gold … I did
one trade, and we got stuffed on latency and what I consider horrific slippage
given the 10 cent spread … 40 cents in, and approximately 30 cents out, along
with the fact that I could have almost gone to the kitchen and made a sandwich
in the time it took these LP thieves to fill an order … but that’s just the beginning,
cuz the entire New York day starting right after the NFP report sees only about
10 - 15 seconds of every minute with live price action, the rest of the minute the
platform is down … “sorry for the inconvenience” … Fuck you is my reply to
management, get busy and fix the “Hoover Dam” problem … and for that reason,
only one trade in gold, and the PAMM is collectively DOWN A LARGE DIET COKE
on slippage that could choke a horse … it could have been a great day for us,
but thanks to Coinexx it wasn’t … whaddaya gonna do? … meanwhile over
@ IQCENT, EURUSD goes bananas with an extended range and an oil tanker of
algorithm trades, and we’re UP APPROXIMATELY 1.3% ON BIGGER VOLUMES
… keep up the good work EURUSD!, I’m likin’ the current trading action … and
btw, it doesn’t matter which side you’re trading from, long or short, a boatload
of trading signals and appropriate profits … but again, it’s all yields on
Treasuries that matter cuz we’re all interest rate traders anyway! … and as long
as IQCENT keeps its BEST OVERALL IN THE WORLD TRADING CONDITIONS IN
EURUSD, “The Syndicate” will be there picking money up off the ground on
scalps that have a very, very high probability of profit success … quite frankly,
a lot more signals in EURUSD than in the crypto pairs, no matter which of the
four you choose to trade, along with 50X more marginable available leverage
to boot! … what’s not to like here?
We’re late in the New York day, with about 90 minutes to the NYSE close, and it
appears Coinexx finally fed the Gerbils their pellets and the MT4 platform system
is running now without issues … how long this lasts is anybody’s guess, so we’ll
see if there are issues on Monday … but the good news is that gold is moving
better than what we’ve seen recently, and the fact that the bid/offer spread held
steady today [when the MT4 was functioning] at 10 cents per OZ. … latency is a
problem they have to address and I’m already on their ass about that … slippage
will result if I expect to get instantaneous fills like at IQCENT with EURUSD, AND
DON’T GET IT … cuz that gives the scumbag HFT LP a lifetime of computer time
to “mystery tick” the bid or offer and screw us ... so come Monday, assuming
everything is functioning, I got to be a second or 2 early to the trade getting in and
then getting out … if I’m one microsecond late and it turns, we’re screwed … I can
be early with little disadvantage, but I can’t be late to the trade or we get gutted
like a fish for dinner … yes, their asshole thieves, but we already know that
… onto Sunday’s blog update.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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