Jorma

My idea of yesterday that stocks would swoon a bt to pump up the newly auctioned bonds crashes and burns. Well I suppose the game isn't over yet.

UVXY 5 to 1 reverse split. Hilarious. Nobody seems to care these ETF's are designed to be wasting assets so the rich can steal from the poor. No stone can be left unturned in the money grubbing. How can they be allowed to do a split on a derivative of an index? I admit I scalp this thing on the one minute charts.

At least he didn't get the Presidential Medal of Freedom

VIX up 4.3% UVXY , unchanged I swear I am going full boat long when UVXY hits zero

Back in the old days it was common for Treasury bonds and notes to rally post auction, to subsidize the Primary Dealers as I saw it. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm

The pullback was perfectly coincident with the Manfort plea deal. Irrelevant for the markets.

With 3% TNX back in play can a couple of day sharp selloff in stocks be far off?

I'm definitely going full boat long on UVXY when it hits zero.

I was hoping for an epic rant. I mean I threw that pitch right down the middle.

Everybody is all bulled up because the economy is so strong. Please tell us Dr. Stool. What does the economy have to do with the stock market?

One thing for sure, it's seasonal. Well it has to start somewhere.

Oh cripes, not the old tariffs thing again. This threatened new round was on the wires yesterday. It isn't even news.

Lee, odd question here. When the China trade took off through 1990's and 2000's, paid for with dollars, how much of the RMB the sellers exchanged those dollars for with the banks or PBOC, were sterilized? Do you have any clue.

It's just about time for Zuckerberg to hit the buy button.

Bullard goes onto FOX, Business, which nobody sees. https://www.wsj.com/articles/bullard-says-fed-shouldnt-raise-rates-right-now-1536072749