Screwball

Chart of the day as the market had a sad day - especially the NASDAQ. Down 1121 point by my chart porn. One of the most popular tech/chip ETFs got hammered as well (down 9 percent). SMH. Link below to their info page. SMH VanEck Semiconductor ETF

That links to what the exchanges statement says. The pigmen have to get everything all dialed in to make it look legit for the masses so they arb the rules once they let them on the exchange. They are going to make a killing anyway, but just more ways to suck money from the system. The smartest guys in the room. And besides, the IPO's are underwritten by the big banks. The 21 (not sure how many now - wow - looked it up - now 27) primary market broker dealers (the big banks) control everything anyway. It's good to be the King!

Can most people do anything about it even they wanted to stay away? I'm guessing not. Retail might get beat up, and good, they might be that stupid. The pigmen always win.

More stupidity. From Seeking Alpha. I'll save you the click but here is the link; The Pattern Day Trading Rule Is Dead No day trading rules, margin accounts, credit cards, Robinhood - what can possibly go wrong. Keep that bubble going at all cost. Who gets to hold the bag when the big kaboom happens?

Michael Burry of the Big Short fame seems to be pretty ballsy from what little I follow. To the short side. I don't get it right now. We know the pigmen of WS make money no matter if stuff goes up or down, or in the end, get bailed out. There always two sides of a trade That is nothing new. Been like that since there were markets, bucket shops, and leverage. But nothing like this in a different way. We are talking massive amounts of money today. We have 3 IPOs coming that may generate trillions (with a T) of liquidity (not sure what to call it or where it's coming from). A trillion isn't much less GDP of Saudi Arabia. At least they have oil.

Bonus chart porn. This goes back to 1995 of the S&P 500. The two humps around 2000 and 2008 are the two significant crashes. The Dot-com of 2000 and not sure what to call the one in 08. I'll just blame the banks. 🙂 Funny how the two bubbles peaked around the same level. Then there is this... Some call it a hockey stick. Some call it other things. Exponents are a bitch might be one. Let's gas this prick up with a trillion dollars worth of IPOs. Yea, that's the ticket!

Once we price the upcoming trillions from our biggest AI companies and get our 50%, when do I get the check? We gotta be rich, right? We are talking billions if not trillions of IPOs. That's a **** load of money.

Wow! A blast from the past. One of my favorite stock from back in the day. Another example of missing what should have been an obvious trade. Data centers - construction - CAT. Chart porn for proof;

How does anyone manage their money in a smart way when **** changes all the time? And this **** didn't start last week, or last year. Plus, the game is rigged. When our retirement accounts are locked into whatever deal we have, we can only manage that to a certain extent. Sometimes very limited. For example; only particular index or mutual funds. Doesn't really matter what they call them - a basket of whatever - weighted a certain way. You can only change them every so often. We don't have enough choices to protect ourselves. As you get older, or retired like me, they call it capital preservation. Now might be a good time.

This is a good read but you can't get all of it. Most, but not all, but enough. Monopoly Round-Up: After SpaceX Goes Public, Does the Stock Market Finally Fall? FTA; It's almost like the casino is rigged so the pigmen win. No! Tell us it ain't so.

The optics today can track a baseball to a few thousands of an inch from many feet away, and then digitize the trajectory in milliseconds. You ain't that good.

I have had the time to play with it over various venues, some good, some not. It is obviously better at some things than others. I seems like a souped up search engine - or maybe they just filter out all the adds and monetary ****. 🙂

They work fine now. Something did change, and probably on my end. I used to be able to see the image in the tweet or whatever you call it, now just text. Once in, neat chart porn.

$9 Trillion Collapse Machine - About the AI stuff.