Friday, April 27, 2018
Wednesday, April 25, 2018
Oh and also, Google is slow today, so I guess the Russians are trying to hack them again.
at 7:56 AM
BI - American investors just went pessimistic on the market. And you know what this has always meant in the past? Great time to buy stocks.
Also, Business Insider has an article on Albert Edwards being pessimistic, which isn't as perfect a bottom-tick indicator as worthless idiot Raoul Pal but it's close.
Strangely, though, BI expects people to want to pay for Albert Edwards' worthless fucking nonsense. I guess they aren't making money on advertising anymore so they have to go the paywall route and hope for enough stupidity to keep them in business.
If you don't remember, anal-application-of-synthetic-stimulants pioneer John McAfee offered to eat his own dick on national TV if Bitcoin doesn't go to $500,000 by July 2020.
Given that bullshit "alternative currencies" are proliferating like bunnies, there is literally no way that this can happen.*
But all is not lost, John McAfee!:
BBC News - US soldier gets first penis and scrotum transplant.
* - well, it can happen if these people are somehow able to use their existing crypto holdings as security on loans to buy more crypto. And actually, I'd love to see that happen, just to see how much they bleat when they lose more than 100%.
Sunday, April 22, 2018
Had to study for exams, and was otherwise bummed at having fucking ice and snow in April, but now that everything has more or less worked out I'm back online!
New Deal Demoncrat - weekly indicators. Rail is still fantastic, tax withholding is down due to the Trump tax cuts, and Baltic Dry seems to be spiking with resources.
Speaking of which, a late-cycle thing to look out for is a spike in commodities. Seems we're getting there now. That might be nice for miner stocks....