Day: April 22, 2014

I Flip You Over – Wall Street Confetti

Forex Kong 6 Comments

I’m deep in hiding now – as the “clowns of New York” seek to rally the resources necessary to silence me.

Newsletter writers and financial bloggers abound -“down in flames and outright pissed” as the “crystal coconut of Kong” continues to show the way.

A passing of the torch if you will. A “changing of the guard”.

What can be said?

You live in a cement bubble, filled with plastic cards and shiny things. You live “within the ornament” atop the dashboard of my spacebike.

I flip you over. I see you fall. I laugh.

I do it again, and again…..then again.

Standing on your head – you’ve got nothing, and “in your head” even less as…….you are hollow.

Frail shells, housing a network of tiny cables…….woven from deceit.

I flip you over and I laugh, and I laugh, and I laugh again.

I flip you over.

You “are” Wall Street confetti.

 

Your Broker Selling You Shares – You Still Buying?

Forex Kong 1 Comment

While the SP 500 “pass the bag to the innocent bagholders” show continues, have a peak at this (borrowed) chart of what “institutional investors” have been doing all the while.

You know “institutional investors” like your bank, your brokerage firm, your investment advisor – you know…..those guys you can really count on to let you know what’s up – and how you should be investing.

20140416_smart_money_Forex_Kong

20140416_smart_money_Forex_Kong

Think anybody’s sneaking out the back door on this last “SP 500 pump job”?

Oh right….he’s your broker, ya ya….your banker right right…….

Who do you “think” institutional investors are pal?

– I don’t want to hear it.

 

 

Nikkei Reversed – China PMI Next

Forex Kong 2 Comments

What’s absolutely hilarious about this is that….

The “planetary growth engine” China has already posted 3 straight months of CONTRACTION, with the “flash manufacturing PMI” numbers set to be released later on this evening.

The industry “expectation” is ALREADY at 48.4 ( Above 50 indicates expansion – while under 50 suggests contraction ) so……market analysts already “know” the number is low – and that this will mark the 4th straight month of continued slow down in China.

China’s amazing growth over the past 5 years “fueled” the “planet wide sale of stuff” as China practically bought “everything under the sun” in order to keep on growing/building.

So who’s buying all that stuff now? All those goods and services that made corporations profitable, all the contracts / investment made during the “boom times”?

You’ve got to be “completely 100% nuts” if you haven’t figured this out by now, and seriously starting thinking about “becoming a seller”.

Get ready “bagholders”.

Here comes good ol USD on the “repatriation trade” I made light of a couple of days ago. If Japan hasn’t already stomped you into the ground…..get ready for China on deck tonight.