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Excellent points. Not that Donnie Dimwit, Puppet of Putin, First Felon of the USA, and cosplaying 'president' would be able to read it ... let alone understand it.
Great picking. Thanks, made my day. Love the words. One good trend pays for them all. Indeed! :)
Hah. I found that back during the GFC when I was an active futures trader. It was brilliant. :)
NO ONE is "forced" to deliver the Party Line of either Party. It's a matter of personal choice, for whatever reason.
Sure they are. If they don't, they're fired. They don't need to be 'forced' at gunpoint to spew the party line ... it's all part…
But it will take a much heavier force to dissuade the Orange Doink. Majority in the Congress will have grow spines.
Until GQP Congresscritters realize there are more people outside their primary-threatening MAGA base who want them to do something, t…
As the Monday markets start to crash in Asia, this is Donnie at 7:20PM ET this evening...
"““We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now b…
Bessent is an out-of-touch elitist idiot, saying people aren't checking their accounts daily and thus won't be worried about market volatility.... as in, "nothing to see here, *I* don't have to watch the markets every day sitting on my piles of cash…
BBG: "The futures open speaks to capitulation by investors as large S&P put strikes are sliced through like butter.
The 50% retracement on the physical is 4,819 and below that is the 200-week moving average at 4674 and looks like support eith…
Yep. And then he watches it burn.
"It's a beautiful fire, the likes the world has never seen before. Such a powerful fire, Nero couldn't even do this so quickly!"
- Overheard at the Mar-a-Lardo patio
What do you think David Giroux was buying Friday?
GARP stocks that went down to fire-sale prices, perhaps....?
Seeing how Asia opened just now, if it holds, I may start nibbling tomorrow.
Going DOWWWWWNNNNNNNNN
At the Asia open...
SPX -3.6%
NDQ - 4.9%
Dow - 3;19%
Bitcoin -6.8%
Crude -2.7%
Scratch that, the indices are down over 5% now.
Expect more unhinged rah-rah 'EVERYTHING IS FINE!' tweeting from the Super Business Jenius thi…
Maaaaaan, under any other circumstance I would be buying hand-over-fist right now.
But today? I'm happy to just watch and let the bloodbath wash over me, somewhat comforted by knowing I have cash to deploy mightily when ready.
Just saw a good quote from (gasp!) Cramer...
"if you bottom-fished Thursday and if you bottom-fished Friday in 1987, you slept with the fishes on Monday..... I can’t think of a single reason in the world to buy a stock [today]."
It's tempting as …
Powell speaks. Pretty much says, "I ain't your boy!"
https://www.cnbc.com/2025/04/04/powell-sees-tariffs-raising-inflation-and-says-fed-will-wait-before-further-rate-moves.html
And the predictable response from Tariff Toddler...
This would be a …
Tariff Baby says his 2-day-old tariffs are responsible for the uptick in jobs reported today --- which is based on data from LAST month, pre-tariff. (WTF?????)
He also came out with a bunch of tweets about how "THE OPERATION IS A SUCCESS!" and oth…
Regarding dip-buying ...
Earnings season is coming up, so companies are going to be forced to address tariffs on their calls and they will probably project uncertainty. We will likely see selloffs even for earnings beats.
While today is looking …
Glad I didn't have any resting buy orders out there ... this morning's open blew past them and then some, even on simple stuff that should've held up okay
US premarket Friday 4/4 ...
Dow -1000
SPX -142
NDQ -550
(China just imposed 34% retaliatory tariffs on all imported US goods, too.)
"We're gonna win so much, you may even get tired of winning. And you'll say, 'Please, please. It's too much winni…
Penguins are the animal logo for Linux, that community-developed, er COMMUNIST SOCIALIST MARXIST alternative operating system that is free for anyone to use. See how his mind works? This is his way of rewarding Big Tech.
Thankfully my accounts, nearly all equity, have been relatively flat (+/- 1.5%) on the day, which is fine by me when the storm clouds show up. Will it hold in the coming days? *fingers crossed*
Interestingly Ukraine got tariffed (along with uninhabited islands and territories belonging to other countries already tariffed) -- but Russia, Belarus, North Korea, and Cuba didn't.
I don't think ChatGPT could come up with something this daffy if…
The morning premarket after Tariff Toddler's nonsense was announced...
Dow Futures down 3%
SPX Futures down 3.5%
NDAQ Futures down 4.4%
An hour before the US markets open, Tariff Toddler just said this..
"THE OPERATION IS OVER! THE PATIENT LIVED,…
BBG headline this morning:
"US Emerges as Biggest Loser in Markets From Trump’s Tariffs"
In other words...
War is Peace.
Up is Down.
There are 5 Lights.
Losing is Winning - Bigly!
Welcome to Trumplandia.
Mr. Market seems surprised Trump did what he said he was going to do.
Mr Market and the economy are controlled by the same companies/entities/people who only saw 'tax cuts for us!' during the 2024 campaign and didn't pay attention to Tariff Toddler…
My gods, our Treasury Secretary is an idiot... if you punch me, I'm damn well punching you back, not pausing for a minute.
NYT: Treasury Secretary Scott Bessent urged other governments to hold off on responding to the new tariffs. “One of the messa…
Bought a few hundred bucks of whiskeys from UK & Canada as a hedge against Tariff Toddler's scheduled economic s--tslinging around the world this afternoon - can that qualify as a 'medical expense' on my 2025 taxes? (Several were cheaper onlin…
@Crash, the secret's out. Per WaPo's Catherine Rampell:
"Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” Am…
@Crash, the secret's out. Per WaPo's Catherine Rampell:
"Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” Am…
(x-posted from BSW thread)
Dumped TDS preferreds today to raise some extra cash. Preferred-wise, I'm only holding T preferreds now but I've been reducing that fairly large position in recent months as well.
Otherwise i'm about as streamlined as …
Dumped TDS preferreds today to raise some extra cash. Preferred-wise, I'm only holding T preferreds now but I've been reducing that fairly large position in recent months as well.
Otherwise i'm about as streamlined as I care to make myself ahead …
MSF. The 51st state will be massively BLUE! Why would he who can’t be named want to add the bluest state unless elections were a thing of the past? Unless he hasn’t thought it out.
You think he THINKS of anything beyond his current conversation o…
@LarryB, from a historical perspective, what's going to be absolutely galling is that FOTUS and his people will be crowing over the next year about how 'great' America is (or 'will be') during its 250th celebration, thumping their chests for the ca…
Sell/trim anything that acts too volatile or is illiquid?
[perhaps to] Raise cash to buy quality stuff if/when it goes on deep sale?
Opportunistically speculate on some inverse ETFs via stock or stock options?
If Tariff Baby's tantrum on Wednesday is as bad as folks think, how long before China and Russia retaliate by starting a coordinated dump of Treasuries in large numbers to royally destabilize the dollar and US role in the world economy? IMO that'd b…
