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Monday, June 6, 2016

OH SHIT IT'S YELLEN AGAIN


New Deal Demoncrat - weekly indicators. Nearly green across the screen. Quote:
As I indicated above, there is very little in the high frequency data that is outright negative. In fact, the long leading indicators are about as positive as I have ever seen them. With the Fed presumably on hold again after Friday's jobs report, perhaps the broad US$ will also fall back from negative to neutral. Taking the K.I.S.S. approach of simply looking at the Index of Leading Indicators, they have been basically flat since last summer -- implying an economy limping along but not falling into outright recession this year.
Again, quit piddling your panties and buy the imminent fucking breakout to all-time highs.

Calculated Risk - Yellen speaks today at 12:30. Oh shit. Okay, don't buy til after 12:30 then. Cos you know liquidity will dry up and you'll see a 2-3% spike in one direction or other. Stupid to think that you can make money with stink bids on QQQ... but there you go, that's the robot apocalypse for you.

BI - Rosenberg's a fucking retard again. He's calling for a fucking recession based on one jobs report. He's drawing all sorts of investment conclusions based on one jobs report. Rosie, you need a fucking subscription to Bespoke Investment Group. And because you need a fucking subscription to Bespoke Investment Group, you are therefore a fucking idiot clown who shouldn't be allowed to manage other people's money.


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