Wednesday, October 16, 2019

Morning Charts 10/16/2019 SPX

Lebron doubles down on his hypocrisy. Got played by his .... not sure what the PC term is for a black man that thinks he’s an elite that gets played by the league? Anyway, he’s getting it now. The beauty is that he sold out for the money, and his ‘leadership’ PC social warrior status is now worthless. Kind of proves another point - when a dude that went to MIT speaks, a dude that did not go to college should never challenge it.

Dem - I mean the socialist/communist - debate was last night. I fully expect someone or ‘something’ to enter the race and become the candidate cause none of them are worth pissing on.


On to the lie -

POMO IS BACK! https://www.zerohedge.com/markets/pomo-back-heres-what-treasury-bills-fed-will-buy oh boy just like the good ol days. QE and POMO back together again.

Remember - it’s all about liquidity. For some reason they are protecting everything right now. https://www.zerohedge.com/markets/not-transitory-fed-liquidity-handout-surges-near-90-billion

Markets in a safe place. That definition is open to debate from a liberal sense. A place artificially created where reality does not exist to be insulated from external pressure. Thus, nothing’s changed. Move along till something breaks.

More to come below.

Have a good day.

GL and GB!


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