09 November 2018

Stocks and Precious Metals Charts - Hell Hath No Fury - Stock Option Expiration Next Friday


“Hate is the complement of fear and narcissists like being feared.  It imbues them with an intoxicating sensation of omnipotence.

The narcissist has to condition his human environment [other people] to refrain from expressing criticism and disapproval of him, or of his actions and decisions.  He has to teach people around him that any form of disagreement, however mild and minor, throws him into frightful fits of temper and rage attacks and turn him into a constantly cantankerous and irascible person.

If you wish to sever your relationship with the narcissist, stop providing him with what he needs.  Do not adore, admire, approve, applaud, or confirm anything he does or says.

Disagree with his views, belittle him, reduce him to size, compare him to others, tell him he is not unique, criticize him, give unsolicited advice, and offer him help.  In short, deprive him of the grandiose and fantastic illusions, which holds his personality together.

The narcissist is a delicately attuned piece of equipment.  At the first sign of danger to his inflated false self, he will quit and disappear on you.”

Sam Vaknin, Malignant Self-Love


"When I was a child, I spoke as a child, I felt as a child, I thought as a child. Now that I have become an adult, I have put away childish things."

1 Corinthians 13:11

Stocks were weak today, certainly digesting their recent gains at least. Next week we will find out if this is just the beginning of another leg down, or not.

Bully is hoping that the seasonality will swing to his favor in November for stocks, and that October was just a passing thing.

Look for the selling to increase dramatically IF this hope for a November Thanksgiving rally start to fade. But it does have some odds behind it, so we'll have to see.

Gold and silver were weak on a slightly stronger dollar, and the day after the FOMC shenanigans and forex-rigging razzle dazzle.

Next week we will be seeing the CPI and a few regional economic snapshots from the northeast.

The weather has gotten markedly colder here, raw and rainy.  My sister-in-law sent me a video showing the snow  falling in Cleveland, Ohio this afternoon. Yikes!   Well, it's hard to believe but Thanksgiving is only a few weeks away.

Please remember the bird and the least of God's creatures at this time of relative scarcity.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

Have a pleasant weekend.