Jump to content
Sign in to follow this  
DrStool

Honey, There's A Dead Cat on the Porch - June 12, 2020

Rate this topic

Recommended Posts

There was huge volume around the low today? Well, that‚Äės accumulation... ūüôĄ

Share this post


Link to post
Share on other sites

THE FED PAVLOV RALLY

The size of the rally has been rather rediculous.

Looks like it will now roll over.

Share this post


Link to post
Share on other sites

TWO PERFECT TRADING SET UPS PROVIDED BY THE FED

The Fed has provided two perfect trading sets ups for traders to go long in the past year:

1/ In late September 2019 when they threw $500 Billion of REPO to cover up the signal that the REPO market was out of money.

That money did'nt go back into bonds, it went straight into an already over valued stock market.

Pavlov rally number one.

2/ In late March 2020 when it threw $3 trillion at the markets. 

Pavlov rally number two.

Given the way the Fed is behaving it will provide more opportunities in the future.

Share this post


Link to post
Share on other sites

If only,

Elon Musk buys Hertz, even the bankrupt shares.

He could then set up shop on Mars to rent cars to

all the people who will be flying there on his rockets.

What could go wrong.........

Share this post


Link to post
Share on other sites
7 hours ago, specie said:

idiots

Image

Hmm, when you look at that chart precisely you have to say that the were right in the past: When blue did go up black did go up too, when blue went down, black followed.

Share this post


Link to post
Share on other sites

Have to say I like that format pretty much:

 

I also have to say that I give credits to Powell for adress in the presser on wednesday that there is systemic racism. I watched the whole presser and I¬†think he really meant what he said, he was honest and sincere about it. There was no need to adress it.¬†He could also say just nothing, most of his predessesors would have done so. I guess if therecwould have been anti-jewish riots even Greenspan would have said anything. You have take into account that Powell is under huge pressure from¬†the Trump facists, so I give him credit for that what he‚Äės done on wednesday. In my view it was a direct attack on Trump.

Share this post


Link to post
Share on other sites
19 hours ago, specie said:

idiots

Image

As I splained on the twitter, it's because there's no sports betting at the moment. 

Share this post


Link to post
Share on other sites
11 hours ago, fxfox said:

Have to say I like that format pretty much:

 

I also have to say that I give credits to Powell for adress in the presser on wednesday that there is systemic racism. I watched the whole presser and I¬†think he really meant what he said, he was honest and sincere about it. There was no need to adress it.¬†He could also say just nothing, most of his predessesors would have done so. I guess if therecwould have been anti-jewish riots even Greenspan would have said anything. You have take into account that Powell is under huge pressure from¬†the Trump facists, so I give him credit for that what he‚Äės done on wednesday. In my view it was a direct attack on Trump.

So, I think that was a reference to the fact that Greenspan is a Jew.  But so are Yellen and Bernanke. You know how it is with those Jewish central bankers.  To the best of my knowledge, Trichet and Draghi are not Jews. Nor is LaGarde. Kuroda isn't Jewish, I'm pretty sure, but he looks Jewish.  That's probably what got him in. 

The head of the PBoC is Chinese I think. Jews eat in Chinese restaurants a lot, especially on Christmas. So there's that. 

JP Morgan and Jamie the Greek Dimon are not Jews.  Nor were the Rockefellers, but of course the Rothshchilds and George Soros are. And that's  a good thing because its good to have enlightened rulers of the world.  

And that's why Jerome Powell addressed racism.  Because of the Jewish tradition of eating Chinese food on Christmas, thereby supporting multiculturalism. People like Powell, JP Morgan, and Jamie the Greek, not among the chosen to rule the world, benefit from the Jewish tradition of ecumenism in control of the banks. So it's understandable that Powell speaks out, having come from less fortunate circumstances himself.    

 

Share this post


Link to post
Share on other sites
2 hours ago, DrStool said:

So, I think that was a reference to the fact that Greenspan is a Jew.  But so are Yellen and Bernanke. You know how it is with those Jewish central bankers.  To the best of my knowledge, Trichet and Draghi are not Jews. Nor is LaGarde. Kuroda isn't Jewish, I'm pretty sure, but he looks Jewish.  That's probably what got him in. 

The head of the PBoC is Chinese I think. Jews eat in Chinese restaurants a lot, especially on Christmas. So there's that. 

JP Morgan and Jamie the Greek Dimon are not Jews.  Nor were the Rockefellers, but of course the Rothshchilds and George Soros are. And that's  a good thing because its good to have enlightened rulers of the world.  

And that's why Jerome Powell addressed racism.  Because of the Jewish tradition of eating Chinese food on Christmas, thereby supporting multiculturalism. People like Powell, JP Morgan, and Jamie the Greek, not among the chosen to rule the world, benefit from the Jewish tradition of ecumenism in control of the banks. So it's understandable that Powell speaks out, having come from less fortunate circumstances himself.    

 

I meant to say, that if there would have been anti-jewish¬†¬†riots for example Greenspan would NOT have taken the chance at a presser to condemn them and saying simething like that it plays no role whatsoever o√ľif someone is roman carbo,kc, protestant, gindu, muslim, jewish or believes in whatever or even is an atheist. Greenspan, as other FED heads would have taken a pure technocratic stance and just said nothing. If asked about his stance he would have said something lime ‚ÄěSorry, that‚Äės not my business, I‚Äėm a central¬†banker, not a social worker‚Äú. It is important that people who have important positions in society speak out against racism. That‚Äės what Powell did and I give him credits for doing that.

Share this post


Link to post
Share on other sites

I was joking. 

Share this post


Link to post
Share on other sites

LEE'S FREE THINKING

These Charts Show COVID 19 Is Spreading in the US and Will Kill the Economy

by¬†Lee Adler¬†‚Äʬ†¬†‚Äʬ†0 Comments

West-1.png?fit=200%2C125&ssl=1

The COVID 19 pandemic is, predictably, worsening again in much of the US. Only the Northeast, and to a lesser extent some Midwestern states, have been consistently improving. And that trend could also reverse as those states fully reopen. 

Share this post


Link to post
Share on other sites

I get where you coming from Lee about the $1.5TN Treasury cash hoard being employed to boost the economy pre election but how, on what.  So far in American history the government only spends money that legislation has told it to. Until a new stimulus bill is passed and right now that isn't happening until McConnell gets his orders from Trump there isn't any way to unload a trillion into the people economy to make the numbers look good before the election.  

I'd suspect that the Treasury is going to slam on the borrowing brakes at some point and wait for the  market to head to Mars.

 

 

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

    Support your local Stool Board.

  • Market Data

×
×
  • Create New...