Wall Street bull and bear frenzy

“The market doesn't care about your thesis. It barely cares about mine. That's why I automated it.”
— THE MOLE

The Mole

The Mole

Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.

Good News, Bad Medicine.

Good News, Bad Medicine.

The economy added 165,000 jobs in October, against roughly 65,000 expected. Unemployment came in at 4.1%, wages rose 0.4% on the month, and the prior two months were revised up by a combined 84,000. In most regimes, that’s a green-open…

Long XRP? Don’t be exit liquidity

Long XRP? Don’t be exit liquidity

XRP is up about 4% this week, and the crypto feeds are busy explaining why. Some credit Ripple’s final OCC approval for a national trust bank. Others point to crowded long positioning. Neither story holds up well against the tape.