Thursday, June 2, 2016

Buy The All Time Lies

Fake jobs data, no problem. Fake OPEC meeting, no problem. Fake China data, no problem. Fake recovery, no problem. Crashing retail, no problem. Collapsing auto sales, buying opportunity. Fake stock market, load me up... 

2100 is a magic level where stoned zombies get monkey hammered over and over again...by the Fed. In between they forget about the last time...

Three tops, from the time 2100 is first crossed, until something "bad" happens:



What do all three tops have in common?
They were countdowns to Fed rate hikes. The September rate hike was pre-empted in August by China devaluation. The January meltdown occurred immediately following the Dec. 21st rate hike. 

One of these believes in the fake-believe economy and the other one doesn't. Only one of these will be right in the end - the same one that was right the last two times...

1 Year Treasury yields ("The Fed") with JPY:




The attention deficit visualized...
U.S. stocks with CNY (red):




USDJPY aka. "Funding"




New 52 week highs lies:





T -9 days, 8, 7, 6, 5, 4...