The Investment Thread

Spent a long time looking at yet another weird day for memes. I think they were covering the ETF failure to delivers. They can do this anytime. But I think they covered violently.

This can cause a halt (which they can manipulate…never forget what happened a month and a half ago). But violent covering would also make options more expensive…due to enhanced volatility.

I am thinking they want to create the look of a dead cat bounce before they’re forced to deliver on their FTDs and futures contracts by the third week of June.

I’m expecting a minor dip/flat-line this week.