S&P hits 4350 ...!

 98.5% from Mar 2020 low

helluva slice of pizza

 

what's up w/ teenies today ..?

 that no one is talking about .. gone up from 1.48 to 1.54

all indicators came normal, both S&P & NASD make a new high..

 .. heading for a retreat ..!

Bitcoin < 30K & down for the year ...

 nothing goes up forever .. its called Jeevan chakra .. or life cycle ..!

Jim Bullard got rebutted ...

 no rate hikes coming anytime soon .. market took weekend to realize and back in Fri range.

funny thing is that rates dropped on Fri and came back up today .. it's all fugazi , fugezi .. right ..!

DeFi Titanium token goes from $60 to zero in no time ..!

 Mark Cuban took the ride going up & all the way down ..!

& now rest in peace ..!

gold takes a nose dive post FOMC

 from 1900 to 1775 ..!

while oil took a small hair cut as the teenies starting to return to pre- FOMC level from 1.6 (YD) to 1.526 (TD)

Feds left the rates unchanged ...

 teenies rise to 1.594 before coming down.

fed did raise the repo. rates by 5 basis points.

inflation transitory, but rising.

both monthly treas & MBS purchase remain the same.

PPI is hot while RS hurt (with or w/o auto)

Fed bal sheet $8T (used to be $800B)

 an all time high & so is US household net worth ... so you are clear who's making Americans richer

Is it transitory ..?

 CPI [headline] 5% YOY but teenies came down to 1.472 from 1.68 [from mid-May]

& SPX near all-time high ..!

China didn't even blink to call the delta version as Indian origin ...

although they wouldn't like the world to call the original version from China ..!

how fucked up human mind/thinking could be ..? 

why would a delta version come into picture, if the mother fucking Corona 19 didn't exist .. which comes from China ..?

so much for keeping it out of hands of US govt.

crypto had a unique proposition that its untouchable by US govt. ... but today, not only US govt. recovered all the money paid as ransom, they don't even need to tell you how/from whom did they get it ...

since Bitcoin doesn't provide transparency of the owner, the govt. need share from whom they got it back, but it was there in some of the wallets YD but not TD ..!

i call it, "you keep your secrets, and i keep mine" policy ... ha ha ..!

BL: Bitcoin drops 10+% ... God bless the United States of America  & crypto investors ..!

crude silently hit $70 ...

NFP 559K; UEMPL 5.8%

 avg hourly earnings 0.5%

ADP ~ 1M, IJC < 400K

 ISM 64

Its time to watch movies ...

 

AMC chart for 3 years .. throughout 2019 (NOT 2020!)  it stayed under $16 ..!