After thirteen years of ceaseless abuse by the Powers That Be, I am persistently skeptical about ANY good news. It freaks me out, because I imagine is disaster around the corner. Even though I was SPOT ON last week and SPOT ON for Monday, I figured my good fortune surely must have already ended. Even so, I went 100% hyper-bearish again on Monday, ending the day with absolutely not a penny of buying power left. So imagine my surprise just now:
………..and………..
Everyone’s asleep, and my attempt to find out what was going on with a Twitter search of “ES FUTURES” didn’t yield much except for mostly Spanish tweets unrelated to anything of interest to me, since “ES” is a very common verb in Spanish. I think, however, that this plunge has to do with Japan shutting ALL inbound travel from new Covid fears.
Anyway, the reason doesn’t matter to me. I couldn’t care less. It could be severe erectile dysfunction with Jerome Powell, as far as I’m concerned. As long as financial assets plunge into terrifying oblivion, I’m a happy camper. I hope that putz Powell doesn’t muck it up for me. Again.