my arms are tired from paddling
Mar. 28th, 2018 01:39 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
drhoovesSo once again, a savvy trader would have made money fading (going against) my stock market prediction, as the S&P has continued in "BEAR" mode, falling over the past week, in spite of actually getting above 2650 with a big day on Monday, followed by a sharp selloff yesterday. Today it was Whipsaw City, a sign of bearness, and once again I got chopped a couple of times for losses. D'oh! The pool is still deep.
In market news the dollar showed some strength, and Facebook and Amazon have weighed the market down - Facebook due to leaks about how extensive the data collected on users really is (well, duh!), and Amazon as Mr. Trump grumbled about taxing them, along with making the military pay for the wall with Mexico. You would think a guy in the White House would be happy with over $3T in taxes rolling into the government coffers each year, but no. Apparently the hailed recent tax cut needs to be paid for, as the recent 2,232 page spending bill doling out the $1.3T "extra" dough we don't have, essentially vaporized the tax cut in one fell swoop. DC seems intent on ensuring "business as usual" right up until the country plunges over the falls.
It makes me shake my head, as I weed through the other news from the past week. Stormy Daniels and Trump. Who cares? Really? Why is this news? Reboot of Roseanne? Well, ain't that special. Kim Jong Un goes to China? That's like the Home Office meeting with a sales rep, and not even the top rep in his region. The March for Our Lives pro-gun control event in Washington was criticized for exploiting the Parkland victims and for being too white. Apparently the participants are not well-versed in history (as in why the 2nd Amendment was included in the bill of rights), and why outlawing "things" are only as effective as to the level of the law being enforced. Speakeasies and pushers never have had a shortage of customers. Just another example of lack of critical thought and priorities are tell to the pain ahead. It'd be nice if Congress and citizens would some day address a minor problem or two that needs addressing - say, considering changes needed to the economy to function with more expensive fossil fuels, growth in the homeless numbers, an education system that is mid-tier compared to others on the planet, and irresponsible government spending, wouldn't that be a nice switch?
But fortunately there was worthwhile bit of news today on Drudge - an article from the UK's "The Sun" paper tells us of the story of a chicken in Thailand, headless, that's apparently survived for nine days now. (Perhaps related to certain members of the U.S. Congress?) This plucky, "Lucky Clucker" had its head bitten off, and is now an Internet sensation, still being fed and given antibiotics (huh?). Why it's easy to feel sorry for this bird and the rather extreme injury, I can't help but think the worse thing about not having a head is you can't stick it firmly in the sand...
In market news the dollar showed some strength, and Facebook and Amazon have weighed the market down - Facebook due to leaks about how extensive the data collected on users really is (well, duh!), and Amazon as Mr. Trump grumbled about taxing them, along with making the military pay for the wall with Mexico. You would think a guy in the White House would be happy with over $3T in taxes rolling into the government coffers each year, but no. Apparently the hailed recent tax cut needs to be paid for, as the recent 2,232 page spending bill doling out the $1.3T "extra" dough we don't have, essentially vaporized the tax cut in one fell swoop. DC seems intent on ensuring "business as usual" right up until the country plunges over the falls.
It makes me shake my head, as I weed through the other news from the past week. Stormy Daniels and Trump. Who cares? Really? Why is this news? Reboot of Roseanne? Well, ain't that special. Kim Jong Un goes to China? That's like the Home Office meeting with a sales rep, and not even the top rep in his region. The March for Our Lives pro-gun control event in Washington was criticized for exploiting the Parkland victims and for being too white. Apparently the participants are not well-versed in history (as in why the 2nd Amendment was included in the bill of rights), and why outlawing "things" are only as effective as to the level of the law being enforced. Speakeasies and pushers never have had a shortage of customers. Just another example of lack of critical thought and priorities are tell to the pain ahead. It'd be nice if Congress and citizens would some day address a minor problem or two that needs addressing - say, considering changes needed to the economy to function with more expensive fossil fuels, growth in the homeless numbers, an education system that is mid-tier compared to others on the planet, and irresponsible government spending, wouldn't that be a nice switch?
But fortunately there was worthwhile bit of news today on Drudge - an article from the UK's "The Sun" paper tells us of the story of a chicken in Thailand, headless, that's apparently survived for nine days now. (Perhaps related to certain members of the U.S. Congress?) This plucky, "Lucky Clucker" had its head bitten off, and is now an Internet sensation, still being fed and given antibiotics (huh?). Why it's easy to feel sorry for this bird and the rather extreme injury, I can't help but think the worse thing about not having a head is you can't stick it firmly in the sand...