Haven’t seen you for a while. How’s life?
Ipso 16:27
Got it thank you.
Richard
Not moi, I’m getting out the popcorn but there is possible plays. With the current demolition there’s plenty of time to get in once the dust settles but I think no I know the WH is gonna keep stirring it back up.
fyi
1. One of the largest quad witching events tomorrow, >3.4 trillion in options
2. Powell speaks at 8:45 AM
3. $BTC.X nearing critical support — 20K being a major psychological level that could get broken overnight, and seems like funds are liquidating some positions AH in anticipation of tomorrow.
Who went YOLO calls or puts or commons for tomorrow?
JGB’s blowing up! Japan … the first to implement MMT policies and the first to hit the wall.
Japanese 10Y yields rocketing up 80% today
Umm… pic.twitter.com/PJDTaFWOIS
— Will (@WClementeIII) June 16, 2022
My good buddy Peter Schiff. [no relation to Adam]=BREAKING: Fed’s balance sheet expands by $14B since last week after expanding by $3B the week before.
I agree with
, #Bitcoin is on sale. But I don’t agree that it’s a buy. The problem is that it’s a going-out-of-business sale. Early mark downs are nothing. Just wait until the blowout, final markdowns. The closeout sale will be epic. Be careful, all sales final. No returns.
Bank of England
Ipso
I have no hope for the left. They either don’t know what their doing or don’t care. They are full of self interest that see no benefit for them in doing the right thing.
They’ve gone rogue causing detriment even to their own party. Even the right per say low on staff that would find it beneficial go do the right thing,that seems the only thing that seems to motivate a politician expect better off then these radicals on the left.
If they think socialism will save them from inflation they better take a look in the history books. “ All it’s gonna do is take their freedoms and human rights with it and will be too late” Also take a look at all the country’s who lost value of their dollar and see how much gold and silver or certain tangibles items would give them if they had it in that currency.
goldielocks @ 16:28
That’s a fact and incredibly irksome to all here!
Pray for sanity!
bbl
Ipso
Hopefully see that the Fed is not only having to raise interest to battle run away inflation but the radical left WH is going to continue to cannibalize our economy and accrue more debt even detrimental to our interest. That little they gave they take back 100 fold in runaway inflation and call out the Fed to raise interest rates hurting businesses and then spend even more.
A little victory for us today. SM down massively … HUI higher.
We have a long way to come back!
In case you think this is the ‘capitulation’ moment, BofA suggests no= it’s different this time – The Fed Balance Sheet is shrinking!!
Capitulation? Stocks Hit With 4th Largest ‘Sell Program’ In History This Morning
The difference between upticks and downticks on the NYSE this morning hit a stunning -2,057. There have only been three other ‘sell programs’ of this size or larger in market history…
On the three prior events (6/11/20, 5/11/21, 9/20/21), the S&P bounced in the following days…
But, as the following chart shows, it’s different this time – The Fed Balance Sheet is shrinking!!
In case you think this is the ‘capitulation’ moment, BofA suggests no…
https://www.zerohedge.com/markets/capitulation-stocks-hit-4th-largest-sell-program-history-morning
Maddog 14:45
Your not alone. People have to be wise to their diversion games and excuses they use with is nothing new just put another name on it that’s driving them down,
All they’ll do is bribe them too so the voters are subject to it too and when they drive their economy down it’s gonna not out of the elected pocket or their cohorts who somehow comes out richer but the people poorer and less free then they’ll just change hands and do it again.
They also need to stop letting them make decisions for them. Be personal freedoms or how much taxes they’re gonna pay or via inflation tax instead of letting them do whatever they want and bring a bunch of media out to sell it with some bleeding heart story because they’ll take every last penny.
It’s a political pandemic of the industrial countries right now.
Richard
I don’t do options but thinking about it and not just GS. Only thing holding me back is figuring out how to do it right and fast when the time to buy or sell but what else is new lol
If I were to do them I’d do leaps out a year and two years and stay in the money instead of short term AND make sure the volume amongst interest is good so you can sell them when your ready. You can sell any time so your not bound to that time frame like shorter term plays.
Ipsofacto goldielocks
What a farce…but that is our present government ….we need a clean hands government….hopefully people will vote for the smaller parties, until they do the Davos crew, will keep running us into the ground.
The Global Financial System, or Globalization, Went Too Far In A Bad Direction
So the old habits have created a very sick financial system, and Dr. Market says it has to quit and go cold turkey. So the market may see “people walking thru walls”.
Cocoa seven point reverse point wave up
Buy signal is close above high of low day. Be careful, many are stopped out on first attempt. Second attempt is much more reliable. Some of the stock averages have five point waves waiting for buy signal. Use caution.
Why is this day different from all other days for PMs?
FilledBuy to Open30SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open9SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open4SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open30SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open50SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open8SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open1SLV Jul 15 2022 22.5 CallLimit0.13—-12:04:15 06/16/22
FilledBuy to Open12SLV Aug 19 2022 25.0 CallLimit0.13—-10:41:47 06/16/22
FilledBuy to Open6SLV Aug 19 2022 25.0 CallLimit0.13—-10:41:47 06/16/22
FilledBuy to Open5SLV Aug 19 2022 25.0 CallLimit0.13—-10:41:47 06/16/22
FilledBuy to Open107SLV Aug 19 2022 25.0 CallLimit0.13—-10:41:47 06/16/22
FilledBuy to Open70SLV Aug 19 2022 25.0 CallLimit0.13—-10:41:47 06/16/22
CanceledBuy to Open1SLV Aug 19 2022 25.0 CallLimit0.10–06/16/2210:34:00 06/16/22
FilledBuy to Open100SLV Aug 19 2022 25.0 CallLimit0.12—-10:11:52 06/16/22
Buygold
If your quick you could make a lot of money off these insane Schwab monster puppets.
Maddog 10:02
Maybe the Brits should remind them of the rights of the people in UK that they’re supposed to be watching first. They always use the same old tactics, humanitarian , chipping away little by little at your country and pocket book.
If it’s paperwork they better do their job better.
NEM turned higher
there’s always miracles around, you just have to find them.
I missed out going short
Was seeing if Dow or Sp would bounce first. The only bouncing it’s doing is off the ground. Could of done it early days and days ago so my loss for waiting.
This is just what the SM did not need to hear…no wonder it is falling apart
In Shock Decision, SNB Hikes Rates For First Time In 15 Years, Warns It May Sell Billions In Stocks