17 Comments
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Jesse DowDax's avatar

Beautiful green candles this morning 💯👌

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Hegelian Dialectic's avatar

Well at least we had already priced in the Dems stealing it again. Off to the races now, folks.

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Emanito's avatar

Crazy ride, yesterday pulled 10%, now on 6% already. Thanks Greg, will pay it forward

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Hegelian Dialectic's avatar

mf'n cheat codes

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Bad396's avatar

Took my profits

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Chris Mc's avatar

I want to SOOOO bad. I fat fingered my order and bout 18 calls for 375. Up 45% today.

I know it'll go up but I'd be an idiot to not pull it.

Gosh I hate the unknown, but it's better than it going down again.

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William Stephen Blackwell's avatar

Thanks Greg, lets see if this rally today will hold up when the FED starts Spewing after while and Congress starts the ELECTION FIGHT??? Moving forward with much caution!!!

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Hegelian Dialectic's avatar

Feels like it still wants to rip. Stochs are pinned.

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President-Elect Zio's avatar

banks up. what a shock ...

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Chris-F's avatar

I don't trust this election stuff. Too many unknowns here about the outcome. I got out with some gain.

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President-Elect Zio's avatar

stocks up, metals down. what a joke.

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Chris-F's avatar

I applied the books tips Monday and I have a credit spread put running til Friday (buy 365P/ sell 370P). First I got scared wit the big drop, now its OK ...

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Scott's avatar

Thanks for the update!

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Mark Gellermann's avatar

This Market has and will go up for some time at least until into March and April not

because of anything in the actual financial results of economic systems but more so

with the decline of the dollars value whether in the US or around the World. My question,

whether you are pulling profits from this schtick or not, you're still realizing profit in less

and less valuable currency; the dollar. So, you have to contemplate making more profit

than the declining rate or ratio of the dollar value to that gain. Currently, I believe the DXY

is 89.40 from close to 90-91. Then you have extrapolate out Capital Gains Taxes on that gain

as well per your income level. This is the "magic" of the magicians running this whole function

and that's with just about "all" the currencies in the World as they historically all interelated

in valuation or weakness over time. This is whether we like it or not. In this same process,

you might have commodities going up precipitously as well due to all commodities valued

in dollars that are going down. So, even in the sense of precious metals manipulations by

Comex or others as is contended, your accelerated gains on any precious metals would have

to exponentially higher for those investments to pan out in terms of actual gain in dollars as

explained above as the dollar devaluates over time as well as capital gains on those investments

once you sell them for the perceived profit. Bitcoin would act in this same manner as if your

dollar depreciates sufficiently or any other world currencies you naturally would have to trade

the bitcoin in for dollar or some other depreciating currency which leaves you in a precarious

financial position if they dive to really tragically low valuations. In this way, the financial magicians

can and will win every time. In any Casino, except ones owned by Donald Trump, the House

always wins and when someone tries to cheat or steal from the house, the house catches wind

of it and eventually cleans up that problem in their own ways.

In that most folks out there consider the House the problem, they will consistently attempt to

beat the House but in the final analysis the House owns the system and what's sold in the system

as well as valuations or allowances for fake evaluations, etc. In these circumstances there are and

have been a few that beat the system "but" normally the system is set up like a continuous snake

that can move this way or that or move to another rabbit hole to go down in bringing everyone

else in with it.

I for one long for the day when we can actually invest long term in productive stocks/companies,

endeavors that create a better future for everyone as well as provide a cleaner and safer environment so that like Elon Musk and others are pushing for us going to other Moons or

Worlds to inhabit as solutions. These are the same folks that wish to hide themselves in

deep underground bunkers surrounded by thousands of acres of uninhabited places so

as to survive any contingencies. If we don't find ways to conserve and preserve the life

cycles, water and air which candidly don't just flow in any one particular nations skies, rivers

or oceans, then we all need to understand the importance of having a sane and logical

policy/plan to make all these things better, cleaner and more full of all life instead of

letting them die off. In Brazil, the whole Amazon Forest was set ablaze so that the rain forest

could be defoliated and then turned into the next shopping malls and garbage dumps

of those wanting more and more profit but seemingly not understanding that the Forests

still alive and well actually scrub our air of carbon and other pollutants that we produce

bountifully every day as well as cleanse and provide a purified water aquifer which is growing

less and less each year and cycle. These things will have to be addressed or as Michau Kaku

stated we will end up just like ever other extinct species. Our Home is our Earth and we

whether we like or not are caretakers and protectors of the viability of Earth's cycles and

systems.

I saw Greg today mention about the continuing freak show, etc. over the elections, etc.

and all I can advise to you is to watch the Youtube Video "The Deep State Isn't A Partisan

Issue/ Guests Rep. Tulsi Gabbard & Rep Thomas Massie from both sides of the venerable

red and blue aisles. I think this where I find myself now in all this. We, as Americans have

forgotten all this or simply have not educated ourselves into the intricacies of Legislation

and how this sausage is made. We all need to help each other to keep the fire under our

President's, Senator's, House of Represenative's, Judciary's and Bureaucracies ASSES or we

ALL lose. I know that sounds really corny but I really love this Country and even though

bad actors have really done a job on it, it is we the "Citizens" sleep walking who let this

whole thing come to fruition.

It's really dam sad as hell whether you're on the West Coast, Southwest, Southeast, Northeast,

Mid-West, etc. I hope some day we can take our own responsibility for these degradations

of our own benefits and well being as well as reaffirm our Nation in direct support of you

and me; the American Citizens-People!

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Rod's avatar

As the the TNX- ten year yeild strengthens, we're seeing more of a shift away from tech. Low PE stocks are showing strength and tech is under pressure. If this continues much long, won't there be an existential shock? I see that TLT - 20 year dropped and JNK held even today, but technically JNK is about to run into a ceiling trend line, which means less support for cyclical low PE stocks if that comes under pressure.

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Rod's avatar

I'm projecting TNX ten year yeild price to get to 2.5% yeild or higher by 2024 and JNK I am a bit concerned about coming under pressure sometime over the next months/year. Is it possible to do a bond ratio option?

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