December 2018

Santa Bear is Coming To Town

by John Galt December 24, 2018 23:10 You better not pout, But you might as well cry, Even scream a little, I’m telling you why, Santa Bear is coming to town. He knows when your long Apple, He knows when your short vol, He knows when you’ve bought XLF, So he takes you for a fall! Ohhhh, you better just shout, Even scream and cry, Margin call is coming, I’m telling you why, Santa Bear is coming to town. The CNBC screen grab says it all: Yup, the worst Christmas Eve…


Can you Smell the Market Deathburgers on the Grill?

by John Galt December 6, 2018 05:15 ET This is going to be a super ugly day and the lack of a rally might just lead to one of those “events” which change the fortunes of not just market participants, but the global economy as a whole. For example, here is a quick snapshot of DJIA and S&P futures (courtesy of Investing.com): Ugly. But the S&P is uglier: Why is it uglier? Because the full lack of action by the OPEC nations has yet to be digested nor impacted on the…


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