One of my most reliable short lately has been a futures exchange, of all things: Intercontinental Exchange (ICE). I’m simply tightening my stop on a daily basis.

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Michael Saylor’s world is exploding in real time before our eyes. Here is STRC (the fuel for the Ponzi) which has lost 20% in about a month.

Here are a couple of charts that look bullish to my eyes, both of which are involved in the business of allowing people to buy stuff (even low-cost items) and spread payments out over time. The market is clearly responding to an increasingly desperate working class.

After its sensational first three days as a public company, SpaceX (SPCX, dur-hay) has been flopping around like a fish on the floor of a bass boat. I daresay that, before this month is over, this sucker is going to be trading at sub-IPO prices.

Well, that was unexpected. Within the span of half an hour, it went from a brutal morning, to a profitable morning (!!!!!!) to a not-at-all-bad morning. This is quite curious.
