SPY - 1 Hour / Kink Squeezed

8 thg 7, 2022

Nearly all high short interest Junk was squeezed - only 2 of 100 did not participate.

The Gamestops of the Indies saw intense short-covering all day. The bigger
the Junk the larger the Squeeze. Even the Apes crooked some relief. Comical
and excellent opportunities are setting up for Oct-Dec Put Ladders in Junk Co
Junk.

Patience will win there, let them run the Hedgies out of dodge again, 100/100
of these POS Entities will lose their sh_t, guaranteed. COIN HODLers will be
eviscerated as they seem to believe anything and everything spooled out.

"The CEO just bought $75 Billion in COIN Shares~!"

Move along RaTard - we'll be bagging those POOTs 'til the cows come home
even though they are being banned for methane release - aka cow farts.

This is what current price action remains - one large release of sh_tty wind.

FOMO into that and enjoy the next ride lower into October - the season of
ASSured discontent - Jerry has 50% from the Highs to lower - it will end up
much more, but we'll attempt to position into Poots for the inevitable lower
coming to an AMC Entertainment franchise near you, Keep the Gold Mine, it's
useless as well.

Walking Zombies everywhere were provided with renewed breath, albeit the
with a pathetic attempt to broaden the TRIN and provide additional lift to
ALL Indices.

The Mega Caps fared well, TSLA hooked a whopper, MSFT / APPL / NVDA and
the Semis took off and never looked back.

Q2 EPS ahead - the important stuff begins in a few weeks, so for now Wally World
will permit some dangerous rides to attract attendance.

SloMO, MOMO and now it's FOMO's turn at the wheel of the Bang Bus - IF they
can hang on and induce further chase into the coveted Gap Fills overhead.

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With the FED keenly focused on "Labor Markets" today's Macro Data will be very
important to the Riggers.

Layoffs are ripping through the likes of TesRah, FacePlant, and EggPlant.

Apple is still selling iPhone 11s and 12s on their website for Top $. Mint Mobile...
Cheap service, and very expensive older phones. Ryan the Matt Damon of Mobile.
Van Wilder meet Megan Fox, and have at it kids.

When Jobs begin the miss - the ALL KNOWING will promote a "FED PIVOT" - meanwhile,
the FED seems determined to cut the sacks off the whacks chasing Junk and Co into
the landslide Depression. Game On.

SPAM is on sale, actually, that's an insult Spam. The corollary is the JUNK Co STONKS
are being cooked in Can, there's only so much room and shrinkflation are creating more
than a few issues with substitution effects. No worries - Chinese Fruit Loops are just
awesome~!

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We love a good squeeze, it provides extreme opportunities for the impending implosion:

Bloomberg - " The "E" in EPS is unknown, so EPS is safe until it's not. We expect the Markets
to trade higher into Earnings."

We expect there are no safe havens - Pricing Power is nearly diminished as every point
on the Supply / Demand Curves will need to see a very Large Adjustment.

We're simply within the eye of the larger storm, a CAT 5+ which should arrive onshore
with an outsized storm surge and a great many drownings of the Fifth Kind.

Sentiment over in the UK and EU?

Boris, Johnson, and not Yeltsin is unable to admit a whip is a sexual aid.

Boris sums up the Globe:

Everything is up in the Air, Drinks Parties... etal.

Can't move forward, can't move back.

We Crooks in charge do what we want.

Spend the morning renewing your Car Insurance, and scurry to get your MonkeyPox
Vax.

How many times does government need to break the Law?

He's gone, he's eff'd off, he's resigned, he forgot?

More twaddle and reshuffle, desperation and delusion.

The inevitable truths remain unending lying.

Screw someone else and get them pregnant, lie.

Run out of lies... oh it's incompetence.

Flag Shagging rules for change.

Ethics?

None.

Flamethrowers abound.

Confidence - terminal.

Lack of morals, leadership, integrity... no matter.

Drink Bleach.

Hubris, Greed, and Ambition never end well.

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FATE WINS.

Posh Spice marries Charlie Sheen.

The next pandemic will be depression and anxiety.

Youth, yer lives have been taken away. College on Zoom.

Welcome to Socialization Green Bean style.

Enjoy answering questions from Cats and Dogs.