Thursday, May 5, 2016

The Soylent Idiocracy: "Lie To Me, Please!!!"

Shorts are covering ahead of tomorrow's jobless report...

Warren Buffett:
"If rates remain at 0% for fifty years, the Dow will go to 100,000. No economy. No inflation. No problem"

CNBS lackies:
"That is why you're the billionaire...and of course the money printing"

If you're reading this before the collapse, you don't exist statistically speaking. You chose the red pill, and hence have no role in the circus, other than as aghast spectator...




May 4, 2016 Reuters
U.S. crude stocks, which have been setting record highs since January, grew 2.8 million barrels last week, government data showed, about a million barrels more than analysts' expectations.

European and Emerging Market stock markets are enjoying their first relief rally in several days, which will have a shelf life measured in hours...Japan has been closed all week, so when they reopen on Monday look out below...



Oil is rallying for some totally irrelevant reason. Is it to back-test this channel? The a-b-c retracement is clearly visible in the lower pane (price momentum...)



You've heard of a screaming "buy", well this is a screaming "bury", as in "bury me please, as deeply as possible"...