With tomorrow being the Show and Tell for CPI... anything remains in the wind. Tesla gapped and crapped hard... Eron's spawn appears to shaking off the Twitter Twatter fraud. Twitter is looking for $24 at best, Junk Co / Spook Co Junk. AAPL and the rest of the 711's showing signs of continued Distro after the rotation into TECH from picking any SPY/X Sector...
Wall Street and its beloved twists and turns are ever-present during the Summer Months. Apres June 21st, an environment of predatory and opportunistic Counter-Trends always seem to manifest into Labor Day, or so it went. I believe you may or can toss that out the window in the near future - prior to the FOMC spike hike July 27th. The Fed is poised to deliver...
Cash VIX has been managed lower during the post-Solstice Squeeze by the Crooks on the Order Books. Typical Summer so far, but it's about to get very interesting. While some are insisting New ATHs are ahead... we're going to be Sellers of ES YM NQ outright at levels. IV is quite high with an elevated VIX so prems on SPY Sep - Jan remain quite high, ditto...
Eron was unable to impregnate Twitter, he's 9/10 presently within the confines of his very own, unique Preg-O-Verse. He's pulled out successfully, although there's Eron DNA everywhere, he's full of endless jizz, unsurprisingly it's time to clean up the mess. " made a bad deal, time to move on... " Banging Flight attendants and subordinates eventually adds up,...
Nearly all high short interest Junk was squeezed - only 2 of 100 did not participate. The Gamestops of the Indies saw intense short-covering all day. The bigger the Junk the larger the Squeeze. Even the Apes crooked some relief. Comical and excellent opportunities are setting up for Oct-Dec Put Ladders in Junk Co Junk. Patience will win there, let them run the...
If this does not concern traders. An unrelenting Dump on the head of Safety. Pristine Collateral on the Shallow end of the cesspool? Absolutely not. This is a very real horror show. ________________________________________________ Depression. Generational.
The Distribution pattern is evident within each wick on the 4 Hour candles. Bring it up, Sell it down - over and over. Large Negative Ticks bring the FANGs lower only to see the TICK reverse and squeeze sellers. AAPL & TSLA are being used to chop Intra-day - multiple times within a broadening short-term range. End of Day, the Squeeze, over and over into the...
Ignore the Dumpster Fire behind the Grease Pit, it'll be ok. The CEO said so... _________________________________________________________ Ahem - Coinbase Global total liabilities for the quarter ending March 31, 2022 were $14.399 Billion, a 96.05% increase year-over-year. _________________________________________________________ Pretend it's going to...
Mega Cap Tech kept the ES off the ledge Tuesday. Tesla let up on its Intra-Day Distro. Kimball must have sold enough for now. He and Eron will be back. More Tesla fraud to come, without question the Cooks are in the Kitchen. Given the Dinosaur NUMI Plant is building Model 3's in tents again... one can only imagine the Sous Chef's creations. One Problem though...
Materials Flow must-see Prices fall in order to clear. There's just one larger issue. Weakening Manufacturing and weakening Demand. Consumer Demand was artificially propped due to the a number of misinformation(s). Allocations, Panic demand, Mis-Allocations - a complete and total Sh_t Mix. Ramping up production as Savings, Investment, and Incomes are within...
It's been 234 Years since the 10-Year Bond Note deteriorated to this extent. The United States Treasury's formation was a Year away - 1789. 9 States had ratified the US Constitution. In order to pay for expenditures during the Revolution, Congress had only two options: print more money or obtain loans to fund the budget deficit. Congress became far more...
We anticipate further downside after the July 6th to 8th TIme period completes. There is one caveat, should Q2 EOS be squeezed, we expect a downside into the October to December TF of greater magnitude. In taking the opposing view, there remains an unusual probability the SPY can swing higher on a dramatic squeeze to relieve conditions that are extreme on...
The Tick Dip-In implies the 3588 Monthly Pivot will be broken to the downside. SPY Gaps including the breakaway Gap remain @ 338, 285, and 230. I anticipate these levels will be filled into October 2023. The 225 Level will ultimately give way to far lower. ___________________________________________________________________ Long Term, the Structure and...
Widest 2/10 Spread on Inversion in a long while. FREDDY claims to have dumper $19B in MBS and $#B in USTS. Edward Scissors Hands calls BS. A Slasher Drama for the Ages. Team Edward. ________________________________________________________________ The EU's Cow Fart Green Agenda and Reduction on Nitrogen use, both by 30% - have farmers enraged - By Design, of...
Much to the chagrin of the GoldBugs, Uncle Buck remains a hoarder's paradise. Ranging between 1800 and 1888 the Bugs are ready for Dollar collapse. Looks bullish huh? Nah, Silver is leading lower, a demonetized doorstop which should see the teens again. Pre-Teen disaster in a panic yard relic move. $12 Door Stops. We are not. Gold is flat @...
Once they've finished dicking with Vol of Vol - the move Higher will provide an outright collapse in the Indicies. It will fill the Lower SPY Gqps @ 338, 285, and 230. _________________________________________________ The Weekly Bowl on the VX indicates it will retest its Hoghs and exceed them by a large margin. Time is not on Equities Side. Try as they might...
After yesterday's Sintra Pow Wow, the realization of the Globe being tossed into a greater Depression solidified. Spray Tan Princess, Orange Julius Ceasar spoke out from all sides of her mouth. Lips moving... more lies. Jerry, yeesh... even worse. "We didn't see the Frankenstein we created." Sure ya did, all by design. 85.6 Weeks to go to lows.
The Bit has sh_t. Crypto Winter sees its fourth snow drift pile up and bury the Tribe. At some point, the Con will be an EPIC Buy. That is very well below and many months away. Eron, Cathi, and Michael - the Triad of failures are "hopeful"... Yeah, we're not and after having projected the High between 69-75K, the Con was set to fail. The truly disturbing...