Loading ...the shorts are playing defense despite the dollar and rates ripping higher. They no longer play the piling on game.
If we are able to turn this, I’ll be in total disbelief. (I don’t think we can)
The shares don’t look that bad to me. Shorts seem quick to cover.
Agree 100%
I’m not sure the SM will hold up either after the initial pop.
Dollar is ripping higher. Surprised silver is hanging, but pm shares look wobbly.
Rates moving back up, just like last year.
Scum still has some ammo and we are pretty extended.
edit: DOW giving up premarket gains.
Tony Kinnett
@TheTonus
·
11h
The network of groups that has plotted numerous terror attacks, beaten women & children, burned down city blocks, threatened to kill my family, and killed my friends is finally designated a terrorist organization.
Thank you, President Trump. This is what I voted for.
the scum are setting us up for a perfect rip higher for stocks, and hammer the metals…..
Hope I’m wrong…..
“What happened to the days as long as one isn’t bothering or forcing their life style on the other to live and let live.”
Absolutely! Most people don’t care if someone is gay or not, just don’t push your lifestyle onto other people. The whole transgender thing is just ridiculous. NO men in women’s bathrooms nor in women’s sports!
LOL It looks like that old bushy has been wrong for years! 
OTOH, the pm shares held up exceptionally well yesterday.
Dollar doesn’t want to give up any ground.
ZH has a subscriber article out about the crowded gold trade – of course they do. Have you ever seen an article about the crowded Bitcoin or NVDA trade?
ZH is like everyone else in the media business, they give a more conservative slant but still beholden to the Marxist bankers.
With all this talk about technology I was surprised to find something out yesterday. Countries are being left out.
It started with weather was hot yesterday and we had a power out. Imagine if everything was electric when these outages are already repeating.
I decided to call my Internet data supplier to see if I could buy more one time data with wifi off if I needed it as they wouldn’t say what caused the power failure to thousands this time.
The person I talked to was from the Philippines. We wound up taking for about a hour on increasing need to bring prepared for different things without bringing up expecting the government to do it. I found out although they were employed by the mobile company they didn’t have that service themselves. Also although she had a fully functional phone the service they get is only phone calls, they can’t receive texts. They want these things but for some reason what ever area she was from they didn’t provide it for them and they are not a backwards country. If I was very wealthy I’d see a business opportunity. Probably the only good thing is AI is probably not going to threaten any of their jobs. Computers are not ready to handle unique questions or conversations, only basic things.
That’s hilarious. The left political tactic to de- individualized people into categories then segregate to turn them foolish to weapomize or terrorize for nefarious political reasons. What happened to the days as long as one isn’t bothering or forcing their life style on the other to live and let live.
Seems like so far the Fed first dovish rate cut just slowed down the momentum a tiny bit but not the direction with the speculatives taking their money off the table.
We were getting hit pretty good a couple of hours ago, but the dollar and rates have turned south. Bitcoin is up 1/2%, oil is down 1/2%. The SM is breathing fire and ripping higher.
It appears that rumors of a melt-up might end up being true now that the first of what should be many cuts are behind us. I guess it’s good to see rates actually responding to the Fed this time around. When the Fed cut 1 pt. last year, rates went nowhere.
ZH posted an article yesterday that gold demand in Asia was beginning to show some weakness because of higher prices. I wonder if Asia is all there is to that story.
Anyhoo, I continue to be surprised by the strength. Unless the scum comes in and whacks us today, it seems like Fed meetings and jobs reports have become much less of a threat lately.
Reminds me of the old bushy sitting in the pub at Quilpie. A woman comes in, gets a drink and grabs a stool at the bar next to him. “Are you an old bushy?” “Yairrr, I am that” he says. “I been rounding up sheep since I was four. I’ve used dogs, horses, quad bikes and choppers. I’ve shot more dingoes and roos than I can remember, lived off the land for months at a time on the half million acre station, fixed thousands of miles of fences, poisoned millions of rabbits – yairrr, I’m an old bushy. What are you?”
“I’m a lesbian.” says she. “Ahhh yair, and what does a lesbian do?” “Well, I think about women all the time,” she replies. “I think about women with no clothes, having sex with them, loving them – non-stop.” “Ummmm.” he says pensively.
She moves on and a young couple arrive, plonk themselves down next to the bushy and say “are you an old bushy?” “Wellll, ” he ponders “I always thought so, but it turns out I’m a lesbian.”
Naturally I was busy trying to pay for a new garage door installation and a discount for cash to find the bank put across the board limit on cash withdrawals lower than yrs back and sent someone so couldn’t go to the lobby. Being computer challenged tried a electronic way something called zell. What a pain these electronic highways.
Come back to see the Fed was dovish so what I see is likely only front running speculators selling right now not so much the longs We’ll just have to keep a eye on it. I hope his speech won’t be too negative.
Thank you…..when I see those headlines and pictures…I will not give them a hit…..so the details pass me by…..but I appreciate yr reply tks.
What will the Fed do re: interest rates
Lower one quarter point (55%, 12 Votes)
I don’t know (18%, 4 Votes)
Keep them the same (14%, 3 Votes)
Lower one half point (14%, 3 Votes)
Lower Three quarters of a point (0%, 0 Votes)
Total Voters: 22
I don’t see how the J-lobby refers to anybody like that. That reference only refers to the crazies at the top. Everybody’s got them. But it’s your site so no problem.
We were very overbought, so I’m looking at this as a healthy correction. Raised some cash, and will be looking to add a few shares here and there…….
Seems only Trumps appointee wanted a .50 cut…the rest were all happy to go .25……
and just who is selling the PM’s in what must be unreal volume.
trouble begins.
Same as it always is. Shares not too bad yet but they’re chipping away steadily.
i log in to see how the mkts are going and what do I see but yet more of yr anti semitic crap….yr walking a fine line …..anymore and you will be banned….
I have many good Jewish friends and people like you make their lives hell…cut it out or go.
Not so much for tech though, it being thrown out with the trash.
Dollar and rates holding us up.