Category Archives: Snark

Throbbing Election

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For those in the public that are taking advantage of this fantastic bargain opportunity, I would quietly remind anyone who will listen (which is nobody) that there is a very small pocket of overhead supply that would need to be overcome to create a renewed bull market. I’m not sure if you can make it out, but I’m tinted it in green.


Oh, God, I’m Comey!

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Well, since Wall Street loves corruption, the news that Hillary is once again Off the Hook gave the ES a reason to explode over 30 points higher, and the NQ over 70 points higher. I’m typing this not even two hours after Sunday trading opened, but some of the gains have evaporated away, although I certainly expect a strong “up” day in equities Monday. Fine by me. I’ve only got 40 shorts, and I’d rather have 90. My big GLD and GDXJ shorts should take some of the sting out. See you Monday morning. This is going to be one hell of a week.