Selling: IAFT

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Well, it shouldn’t come as a surprise, I suppose, but it turns out the cocaine addict below – – who has been ceaseless with assurances at how peachy, super-duper, and scrumptious the trade talks have been going, finally admitted that Xi and Trump aren’t even going to meet.


Thus, we’re actually getting something we haven’t seen for this entire horrible year: some actual, honest-to-God selling.

slopechart COMP
slopechart COMPQ
slopechart RUT

Although I am having a very good trading day, I remain utterly distrustful of this completely rigged “market”. Between Kudlow, Powell, and Trump, we’re always just one utterance away from a pointless spike higher.