Bitcoin has a market cap of $1.5TN. In the big picture that's chump change. Anyway in the growing crypto space in derivativeland if there are significant pools of shorts.... Well, we all know what happens then.
The end of the world? Talking about the liquidity world which is the topic here then hell, the Fed isn't even printing yet. They haven't even paused QT yet. There is no way we let asset bubbles deflate if China doesn't. Period.
If they manage to clear 5433, we could be off to the races.
Well I started to run from a shower the other day and realized I can't run anymore. I'm thinking Musk might go into Crypto. If Jerry and the boys won't inflate things then he will. Obviously Tesla is the biggest con of all history.
It might be hard to get the mind around but this inflation of assets is, according to plan, just getting started. How else can we get to Mars? When hasn't this monetary mania gone according to plan. Hard to bet against it.
The current low took out yesterday's low by one whole point. They may pop it back up here, but that usually means they'll break it by more later. It's how the pro bros signal each other.
I'm thinking AI using data on every millisecond will pretty much be able to keep the averages rising forever.
At what time are Treasury auctions trades executed? Ideally rates rise into auction and fall after. If your a dealer that is and it often works that way but I have no scorecard.
Well some problem is needed so the Fed can start printing, expanding its balance sheet, again. The world is begging for more money. It will get it sooner or later. Make that sooner.
The Feds balance sheet is a polite fiction. Believing in balance sheets is so yesterday. So Enlightenment. That's over.
It was plastered all over the Wall Street Journal a few days ago that Trump intends to alter the Fed so Jerry and the boys and the entire world are on notice.
"What's My Line, with John Daly, Bennet Cerf, Arlene Francis, Steve Allen and Kitty Kilgallen "
That was Kitty Carlisle but she was on To Tell the Truth. It was Dorothy Kilgallen who was on What's My Line.
Tomorrow we can cover Gisele MacKenzie and Anna Maria Alberghetti. Unless you want to delve into Kilgallen's odd link in Kennedy assassination theories.
This isn't the market rounding the bases after a grand slam. It's David Bote rounding the bases after hitting a grand slam with 2 outs and 2 strikes in the bottom of the ninth his team behind 3 to nothing.
Another Launchpad Setup 8/19/24
in The Daily Stool - Stock Market Message Board
Posted
Bitcoin has a market cap of $1.5TN. In the big picture that's chump change. Anyway in the growing crypto space in derivativeland if there are significant pools of shorts.... Well, we all know what happens then.