Happy New Year David. Wishing you a very blissful 2024. 🥂

You you a very wonderful Christmas and a blessed New Year ahead. Merry Christmas to you and your. 🥂

Merry Christmas to you too Kieran. Do have a very pleasant time. 🥂

💆🏾‍♂️Here I was thinking the market has been victorious with fighting the FED so far. So they might likely hold the line through the holidays or at the very least till January.

So what happen? what’s going on?. Is Yellen’s war against the FED and the Bears suddenly over?. Can’t they carry this bull market of theirs through till at least the holiday is over?

Good riddance to bad rubbish🌚

It’s never a good thing when market speculations get extremely high. Just as it’s never ends well whenever a government administration name’s the economic state of the country after themselves.

Let’s see how well this whole “Bidenomics” fiasco ends.

Need time of the screen a bit. It’s getting hard for me to accept that this rally might likely persist into January after yesterday’s FED move. I’m still in disbelief cause I’m getting really desperate to short this market🤦🏾‍♂️.

I’m still trying to make sense of why the FED came off dovish and I think the reason for this FOMC mumble jumble decision was just purely politics. Reality as well as fundamentals begs to differ on the so called inflation is cooling off gibberish. Even though the manipulated economic reports states otherwise.

So what’s the politics behind today’s FED decision?.

For a start, the FED is probably giving Washington ample time to sort out its budget. Then there’s Janet Yellen who’s still heavily propping up the impact of the FED move every step of the way. Then comes the issue with the impact of the DXY against basket of other currencies.

So I guess this gives other currencies some time to catch their breath. While DC politics plays itself out. Perhaps it might just be the FED is already at restrictive level and don’t want to blow up the market for Christmas. So they’re hoping to keep up with the failed attempts on talking the market down with no further rate increase.

This happen to be the only logical sense my sentimental mind can come up with, as a reason to why Powell dovishness to keep the Santa rally going. So Stonk to the moon 🚀 for now.

Time will tell how bad the fall will be. Let the Bulls enjoy their Santa rally while the rest of us Bears enjoy our Holidays. Merry Christmas 🎄.

Sounds like a back and forth to me, a reasonable theory nonetheless. Guess the pros will have a much better say on whether this makes sense.

💆🏾‍♂️How nice of the FED to keep the Santa party going🌚. Powell job is to make sure Stonk goes up forever and stay that way.

She gained prominence and came to power going against Wallstreet & the Banks. Got to DC and starts carrying water for them.

Japan has gotten extremely addictive to QE. Probably the scars from the last blow up which lead to the lost decade is scaring the government & BOJ. Come January will the BOJ be courageous enough to initiate a cure?. If not for anything at least for the benefit of the JPY.

Volume is pretty much dried up on Indices across the board. Extremely flat volume couple with the fact that vix is desperately begging to be buried at this point is a enough reason for the market to keep the rally going.

Beside, Stonk only goes up no matter. Bulls are likely to keep this up till whenever Powell decide to stop the party but does the market still take the FED seriously?.

Let see what uncle Sam’s Bank & ECB decide to do com next week. Are they really going to to crash Santa’s party?. Well, the longer this keep going, the harder the fail will be.

The Bears will definitely have there day. Even if it doesn’t look like it right now. Only time will tell⚠️

Ok let me get this straight. Interest rate is at a 22 year 5.50%, GDP growth was tremendous at 5.9%, cost are heading down towards FED 2% target according to the reports, the top stocks are braking new highs while some are almost close to their previous all time highs. Market has rallied to new highs for the year and heading to their all time highs in January 2022.

VIX has been dead all through, gold did new all time highs and cryptos are rallying higher again. All this pleasantries and Santa excitement playing out yet some are expecting FED to start cutting rates soon as March 2024 so the market can keep rallying upwards forever. Then inflation disappears and we all live happily ever after while the debt keep growing and the dollar crash.

What a wonderful fantasy to behold. Indeed wishes are horses this days let’s all just keep dreaming 😴

Must be shorts covering cause who is really buying up this market at this level?.

Since Powell & the Biden administration in collaboration with Wall Street has successfully kept the market up by continuous economic report manipulation. They can as well get the market to do an all time high before the end of the year. Beside “Santa rally” hasn’t yet kicked in. Or has it?

Does BOJ know losing money by Buying JPY isn’t fun?💆🏾‍♂️.

Forgodsake what’s the rational behind this extravagant rally?🤦🏾‍♂️

I’m trying my hardest to figure out what this so called Central bankers & Governments are thinking or what they got up their sleeves. So far except a handful of Nations, the rest have little to almost no interest in saving their fiat currencies. By at least getting back to responsible monetary policies across the board.

Feels like a deliberate strategic control demolishing of the “fiats” one after another in circle. All in the guise of saving their economy, even when public datas and economic reports states otherwise. They really believe they can control this Ponzi of an economic scheme forever or at the very least as long as it takes.

For them the only way out is “a control landing” with expectations it will be a soft one and the effects short lived. So they can then begin again.

Is interest rate & yield curve control alone only going to get the job done?. Perhaps they know fiat is already broken so it’s best to exhaust whatever leverage it got left. Then when it finally collapse with the economy they’re trying so hard to save the next thing is will be launched. Let’s see how it plays out.

Market of late doesn’t care about fundamental, technicals & mechanics. Just straight up “anyhowness” & “whatever”. Good or Bad news? market goes up.

Yea, just so happens some of us are still failing to get the facts that market only goes up forever into our tick skull. And sadly I’m one of them.

If VIX doesn’t catch a green day this week then it might as well just get to zero.

Another attempt at Buying JPY again this week after the terrible losses on last attempt. Let’s see how this one plays. As long as BOJ & the Japanese Government won’t decide to short JPY it should be good.

However banking on them not to do that is beginning to feel like a fools dream at this point. Well, fingers cross💆🏾‍♂️