What a roller-coaster today. Time to hit the driving range again to get my eyes off the quote board for a while.
I expect to see a lot of green numbers when I get back, so don't mess it up.
I was wrong about the bear flag. Big squeeze yesterday broke out of channel.
Whether this is inflationary or not remains to be seen. I tend to think this whole thing to include the oil wars, will be deflationary.
Sentiment favors a massive equity rally very soon. People will soon be panic buying what they panic sold the past week.
What a roller-coaster today. Time to hit the driving range again to get my eyes off the quote board for a while.
I expect to see a lot of green numbers when I get back, so don't mess it up.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I'm just going to say it-
Stop looking at every small new, unexpected glitch in the data. START looking at the big picture.
WE are now seeing things we have never seen before, that make the 1929 Crash look like a small deal by comparison.
What we are about to see is a HUGE adverse impact on the economy, so great they have suspended housing foreclosures for a year. Think about what it takes for them to decide that is a good idea.
I'm in G, and staying there for a while. Don't be confused by a day of green. We're in serious trouble now.
Out of cuiousity, are you aware of any statistics that measure net inflows/outflows in the US markets over time? Considering the rapid freefall, it would be interesting to know if it is being accentuated by foreign countries divesting in US markets.
Good question. It would be interesting to know.
Not sure about this website, if it's real or fake, and it's from 2017... Conspiracy theory? Someone is pounding the futures every night.
George Soros Vows To ‘Take Down President Trump’
https://newspunch.com/soros-take-down-trump/
This going to make a hell of a movie some day. Stranger than fiction.Soros believes the market is Trump’s weak point. He claims Trump has “no chance” of surviving his upcoming market assault, gloating that the future POTUS will be destroyed and unable to focus on making America great again.
“The way Soros broke the Bank of England and ruined the Malaysian economy, these will one day just be seen as warm ups for his full scale tilt at global financial Armageddon,” according to a Wall Street analyst.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Thanks...Not sure about the website or article from 2017 but ran across this:
https://www.project-syndicate.org/commentary/china-huawei-threat-to-european-values-by-george-soros-2020-02
Disgusting play on power. Paying attention to the flow of money should lead to some understanding on what is happening. Many countries were investing in US markets as a safe haven which made me wonder which of them have been divesting over the last few months.
Last edited by blueroadster; 03-22-2020 at 10:53 PM.
Tom: here is what Wikipedia says about your news site "news punch" :
(you DO know that in England , Punch was a satire publication for decades, right?)
Anyway- here is what Wiki says:
NewsPunch
From Wikipedia, the free encyclopedia
Jump to navigationJump to searchNewsPunch is a Los Angeles-based fake news website known for spreading conspiracy theories and political misinformation peddling fake news, mixed in with real news stories.[1] Originally named Your News Wire,[4][10][11] it was founded in 2014 by Sean Adl-Tabatabai and Sinclair Treadway.[2][5][12] In November 2018, it rebranded itself as NewsPunch, and began redirecting yournewswire.com traffic to newspunch.com.[10]
Type of site Fake news,[1] Politics, News and opinion Available in English Founder(s) Sean Adl-Tabatabai, Sinclair Treadway URL newspunch.com, yournewswire.com Alexa rank 28,716 (Global, August 2018) Launched 2014 Current status Active
A 2017 Buzzfeed News report identified NewsPunch as being the second-largest source of popular fake stories spread on Facebook that year,[5] and a June 2018 Poynter analysis identified NewsPunch as being debunked over 80 times in 2017 and 2018 by Poynter-accredited factcheckers such as Snopes, FactCheck.org, PolitiFact, and the Associated Press.[6]
The European Union's East StratCom Task Force has criticized NewsPunch for spreading Russian propaganda, a charge Adl-Tabatabai denies.[2]
Regular contributors to NewsPunch include Adl-Tabatabai, a former BBC and MTV employee from London previously employed by professional conspiracy theorist David Icke[13], Adl-Tabatabai's mother Carol Adl, an alternative health practitioner, and Baxter Dmitry, who had previously been posing as an unrelated Latvian man using a stolen profile photo.[14][15]
Fake news stories[edit]
NewsPunch has published false stories, including:
- Stories pushing the debunked Pizzagate conspiracy theory.[16][17] NewsPunch was one of the first sites to propagate the conspiracy theory, publishing a falsified story that was later used as a basis for Pizzagate's viral spread among the alt-right.[18]
- Claims that the 2017 Las Vegas shootings and Manchester Arena bombings were false flags.[19][20]
- Anti-vaccination hoaxes alleging that Bill Gates refused to vaccinate his children[21] and "admitted that vaccinations are designed so that governments can depopulate the world".[22]
- Claims that Hillary Clinton's popular vote victory in the 2016 United States Presidential election was the result of voter fraud.[23]
- Allegations that Clinton was responsible for Anthony Bourdain's suicide.[24]
- False claims that Justin Trudeau was the love child of Fidel Castro.[10]
See also[edit]
Of course- that "NewsPunch" is not to be confused with the original British Satire/political commentary print publication "PUNCH" which dominated English society and political humor from the 1840's, right up until after Margret Thatcher's years , ceasing in 1992, right?
https://en.wikipedia.org/wiki/Punch_(magazine)
Thanks, James. As I said, I didn't know what that site was. But clearly Soros wanted Trump out of there before his term was up.
https://www.youtube.com/watch?v=jNJ5mK26mZ0
But I have no proof of him manipulating the futures. Just some strange over night action going on.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
It's so early and so many hours of trading left, but there is a different bullish development with resistance breaking here if it can hold into the close...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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