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Having Reached Perfect Equilibrium, NYSE Plans Twice a Month Trading 8/4/21

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

With the S&P 500 futures having traded in a range of less than 1% for the past 8 sessions, the New York Stock Exchanged announced today that it would only open twice a month for price fixing operations. Daily trading, particularly 24 hour trading around the world is no longer necessary, now that stock prices have reached a permanently high plateau, according to NYSE CEO Moe Howard.

CNBC announced that its daily propaganda programming would no longer be needed and that it would transition to a cinema verite format.

Maria Bariatricaroma announced that she would retire from Faux Business News. Wall Street bankers looked forward to her return to her early career as hooker to the stars, of Wall Street. She had continued this work secretly in recent years for select clients, with her Faux work a front.

Her less attractive CNBC colleague, Joker Nen, will be let go. He will return to giving blow jobs in bus station restrooms.

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This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.comView original post. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Meanwhile, here’s the big picture technical outlook.

Closer Every Day

Chart Picks – Trading Range Death Trap Yields Two Picks

And a QE update.

Here’s How Fed and Treasury Colluded to Delay Armageddon Due Date

Here’s a freebie on my reaction to what the Fed did last week.

Fed Finally Starts the Standing Rippo Farcility

 

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