I don’t trust the market as I have mentioned a few times now. You all saw what happened today. Can it continue higher? Easily, but I don’t really care to find out at this point. Flat markets and flash crashes suck! Having said that, I would not mind buying $SPX on a 5% decline from highs for a pop.

Dollar looks like it wants to continue higher. South African Rand got destroyed today down -4%. One of the Emerging markets I mentioned earlier today, which is vulnerable to a strong dollar. $EEM was down -2.34%. We also saw a little pop in the VIX up to 15. In other words Zero fucks given. $GBPUSD I have over talked it to death. It’s wants to test Flash crash lows. So be it. I will say it one more time, in case you did not read my previous post. This is MMT stuff, UK exports demand to the rest of the World. A weaker Pound means less imports which will hurt exporters to the UK. World trade is already heading south, a weaker Pound will not help the situation. I hope the BOE continues to do nothing until their is no one left to buy (except me of course) and the shorts are left holding a bag of schitt! The trick is to remain solvent till then, which is not easy.