Craptoworld Buttcoin long squeezeout chart. Strong support at zero. Originally posted at The Stool Pigeons Wire, Capitalstool.com
This isn’t ageing well.
Yeah, but.
Here’s the thing.
The Fed is legally mandated by Congress to maintain price stability. So unless they redefine price “stability” from 2% inflation to 6% or 7%, they have a problem. They can’t print their way out of this.
No…
You could see and hear and just feel Powell’s fear and confusion. It was obvious and stunning. Having been punched in the face by inflation, the Fed no longer has a plan. Powell is on the mat, babbling, foaming at the mouth, and bleeding from the nose….
Powell has Mike Tyson syndrome. Everybody’s got a plan until I punch them in the face. Inflation has punched the Fed in the face. Now…
Paul was a serious anchorman, unlike the clowns on CNBC.
In other news, I got suspended from Twitter again. There was a tweet about Sarah Bailin, who is suing the NY Times for defamation (there’s an oxymor…
It’s 5 AM in New York. Do you know where your ES S&P fugutures are? Well, after pulling back overnight, they’re back to attacking, and as I write, slightly breaking, one of the many downtrend channels that have contained it for the past two weeks. …
Here on the eve of rectumification, I will start with this bit of well deserved self congratulations, which is as opposed to my usual self flagellation.
Our Chart Pick List Was Short Up the Wazoo, Woohoo! Now What?
At 6:30 AM in New York, ear…
First, let’s begin with a few observations from yes turd day.
OK. Busted.
Option A was selected. I think we got precipitous in the afternoon. But thunderous? That’s still wait and see. Let’s have a look again at the 5 hour bar per…
To give some perspective on this, here’s the 5 hr bar chart on the 24 hour ES S&P fugutures. Now this looks like a massive top, doesn’t it. But not all patterns that look like tops are tops. In fact, as you know, for the past dozen years, all patte…