Possibly, yes. North Korea, perhaps? But the point I was making was in response to @Sand_Pebble who opined
Thus inferring that the profits available in America are wonderfully superior and I said that applied also to the crooks’ profits. Wouldn’t that be so?
Not literally, no. Even Dems aren’t that stupid. But let’s just look at just one case and take a guess.
Stacey Abrams founded an NGO and 30 days later was sent $2 billion dollars by the Biden Admin. Yup. It was that easy. She has not had to give a single penny back.
Is that how you want your taxes spent? The Somali scams have been known for a decade at least and known by the Governor and the state officials and politicians. Some You Tuber recently wanders up to a couple of so-called child care centres, finds no children, no one answers his knock or simply yells, “Go away” from inside and he checks how many $millions are shovelled into this “centre” each year and, voila, we all know and you defend this vigorously saying the authorities have it all in hand. Yeah, right. They get their cut too.
if it were true you’d have a source and you don’t. You have quotes from people with nothing to back it up.
Hence the prosecution of said fraud. What are you proving here? The Biden admin found the fraud before the YouTuber did. Your king’s admin hadn’t done shit until he started making videos, then tried to take credit for Biden admins work, then deleted the tweet showing as much.
I was joking. I should include a smiley face to give you a hint.
No. You try again and read what I wrote. Go on. Read it. I never said she was give the money for elections. She created an NGO which was given the money. My source is DOGE’s Elon Musk who said this on video. Go find it, Fido.
Amazing! Biden’s still running the show, is he? The authorities just shut down the “Quality Learing Centre” (yes, that’s how they spelt the name) in the last day or so. Well done Joe. Ruling from the grave?
Popcorn is always good when watching Dems self immolate.
Shut it down. These fools don’t care about making money or the clear patterns that us blue collars suckers can use to make money. My first rebalancing thread showed a S&P500 180% increase since March 2020. Most of that gain happened in the first 6 months after the Covid crash. The second shows an obvious 40% increase in 8 months. The far right/left still want to argue about the political diversions the uber elites uses to keep the poor, poor. It’s the political fear/drama they use to persuade the weak minded to move money on emotion instead of logic. I’m pretty dang sure I’ll start a 3rd thread about rebalancing into a down market because the scare tactic market manipulation works like clockwork.
The tariff moves fit that repetition and certainly were profitable for those who, as you mentioned had some cash stashed for taking advantage of the swings. I noticed a trend of some tariff and other (let say unconventional or less-than-precidented) announcements were often made on weekends or after market hours Fridays. Allowed time to digest and consider what the market swings were going to be instead of instant reaction.
So with that in mind, certainly some potentially market moving news late last night, after market close, into a weekend.
Thoughts on Monday oil market effects? I find it hard to believe OPEC will be silent, even if Venezuela isn’t as large as daily producer as they are reserve-holder. I find oil majors and even offshore drilling contractors seem to swing short-term with oil price swings. And airlines love to move in inverse proportion to oil shocks.
I really don’t have anything I want to rebalance now but do have a little cash & cash-equivalent on the side. Looking back at the markets, specifically the S&P500 five weeks after our last Central American so-called Drug Kingpin coup, I don’t think the markets will move this time either. I was bragging this week that I bought gas from Sam’s Club cheaper than any gas I bought in the last 20 years, $1.99 a gallon. All our tanks are full & if there’s any significant drop in the indexes Monday I’ll buy fast. I didn’t make much money specifically from the tariff scare because I thought markets would fall farther & the dip would be longer.
P.S, Noreagia & Maduro were both captured/kidnapped on the same day, January 3rd.
I guess the market makers don’t sew fear when capitalists trump failing socialist regimes? In spite of Saturdays morning military action news the Dow Jones touched an all time high & all indexes were up?
I read it & it was interesting. But the part about the bombing & kidnapping on the world stage for a $13-$15 billion transaction is far-fetched. Today Tesla was up 3%. Tesla has a $1.5 trillion marketcap. So that one stock was up $45 billion all by itself. I’ll never have a billion dollars but a billion isn’t what it used to be. Last week a bumpkin in Arkansas won nearly $2 billion dollars on the lottery?
Based on what I researched about the Panamanian invasion & kidnapping 12.20.89 to 1.28.90, I didn’t think the markets would dip over Venezuela & they didn’t.
I wish I could agree that it’s far-fetched, but nothing seems to be unattainable by the super-wealthy anymore, whether individuals or corporations. Even though an oil glut exists presently, the prospect of huge reserves could tempt.
So we’ve had a volitility spike and that means..(drum roll please)….VIX shorting time! I’ve been in and out once already, over 2 days, and clipped a quick 5.5% or so. I started another short postion today, VXX, with about 1/6 of my tactical, attack money. This play is one I like a lot because you can just short and pretty much forget if you want. The vix always goes back down, and VXX has contango built into it — a short’s dream come true. Once it starts going steadily back down it’s practically free money.
Shorting of USO is not currently in the cards, but once reliablity returns to the Strait, and oil prices begin to falll, that too will also be free money. USO also fortified with CONTANGO!
This is not investment advice but rather a couple of little tactical trades not investments. 90% of my empire is divided equally between a high-yield bond fund and a preferred stock fund.
you forgot about Feinstein’s husband Blum he bought up most of SF and had special treatment considering his wife was mayor years earlier. She and slick willie brown made killings
