GLOBAL MARKET SELL OFF - NASDAQ DOWN OVER 5%

"Rate Cuts could strengthen the Yen even more"

"I think gold might be done sadly I think you buy gold once it flushes heavy"

"gold will eventually come back up once they start cutting rates but now gold might just start taking it on the head"

"I still think Apple could go down a lot more"

"the dollar should die assuming the Yen overtakes it"

"XLF has gotten murdered but they should Ben benefit off the rate Cuts"

"I was expecting down like three on the NASDAQ I didn't think it'd close six but I didn't think it'd close ne1 so I think like right here would be appropriate"

"those rate cut plays are booming so if you had those September rate cut plays"

"emergency rate Cuts it's not going to happen just because the stock market is down"

"That means you need the bond market to get disrupted or you need a bank to fail that's the only other times you've ever seen that"

"if you really do believe that we are going to get a surprise rate cut we need a whole another day we need something to crack"

"this is not over I mean we're either going to get a monster bounce or we're going to keep going down but I do think if you let that Japan carry trade run run run away it's going to be hard to reel this back in"

"this is going to be a multi-day event"

"this is going to be a good buying opportunity"

"if the yield curves uninverted and then we get a rate cut I think our recession is going to start"

"if this Japan trade is truly unwinding then there is a lot that that's going to have to flow through the the whole economy the global economy"

"things are just going to get really bad until because there's no fed stepping in unless the bond market cracks"

"I think there will be one relief pop and then will get another bigger drop here"

"if this really is based off of Japan then it doesn't even matter what the FED does because even if the FED wants to to cut rates sure if Japan keeps going if Japan doesn't ease up then it doesn't really matter"

"I lean towards bearish if they cut rates I don't think it's good... we're slowly moving into hard Landing why because we're going to be cutting rates while the data is coming down... if you cut into bad data then that just essentially means that you're going to get a hard Landing rather than a soft Landing"

"if the bonds start flushing while the market starts tanking and it's like a liquidation event then at that point you know that's the Japanese dumping our bonds because they need the money and then and then there you go then the bond market breaks and then the FED steps in"

"the recession is only going to be for three four 6 months maybe a year if it's really bad... Your your long term will get right back up there"

"recession wise if oil is up we're going to have a real big problem but even if we get all this bad stuff and oils down I think that's a more healthier sign than not"

"I think you're going to get a random big pop and then I think you're going to get a real big death blow depending on what happens with the data Powell or the Yen"

"I think it's going to play out all month... maybe spend one week going down and then up and then another two weeks doing that again and then have your big sell off and then that's it"

"I think this is going to be a mini flash crash that leads into something bigger"

"I do think this is just the beginning I think it's going to be a wild August"

"I'm hearing there's going to be an attack tonight by Iran is they're going to be attack tonight I'm telling you right now I hear the same W no top secret information or anything but I hear that going to be attack tonight days"

"I think China might do good to be honest with you... this a perfect opportunity for China to pick up the slack"

"this will probably be the biggest volume day of the year"

"there's going to be another follow through when we get to the end of the day"

"every day is going to be it's going to be Japanese roulette... from now until any major US data we're you're going to be spinning the chamber every single night with Japan"

"that would be insane if we had a social media inspired bank run then we're really [ __ ]"

"UA seems like regardless of how the data looks he is going to start raising rates regardless... and this unwind will keep will keep happening"

"the job of the fed this whole week is going to be talking the markets off of the ledge saying it's only one data set we already anticipated this"

"I think we're going to watch 6% down 3% up 3% down 5% up 5% up 7% down"

"I'll pick up Airbnb below 100"

"Rate Cuts could strengthen the Yen even more"

"if Bitcoin does come up I think it's going to play out all month"

"I think gold might be done sadly I think you buy gold once it flushes heavy but if you haven't noticed gold is going down with everything so I mean for now like i' I've told you for a while the yen is probably the best one I think the TLT is there but there is a chance where TLT gets hurt before it makes the major leg up again we're talking about the bond market breaking but I don't I don't know if gold is there anymore to be honest with you I think gold will eventually come back up once they start cutting rates but now gold might just start taking it on the head"

"I still think Apple could go down a lot more"

"oil should pop that's what I'm saying oil's cheap last time it had the same setup I said it was cheap but then I was worried about seasonality and sure enough literally since the month has started oil has dropped like $7 10% but then again we're talking War headlines we're talking damn recession and all these other things I think oil is at a very interesting spot"

"I think apple is Apple is up on BuyBacks this is still Insanity you mean to tell me the world just collapsed you tell like Japan like NASDAQ almost given up all of its gains on the year Japan already did that and apple is up $40 on the quarter like that's crazy that's 20% still so that's that's why I and then I just wanted if any volatility picked up these would have downside so I don't think that play will hit but I think apple has a lot of meat on the bone and then if it gets hyped up we could just flip out of those and make them free"

"So Bon 10 years shouldn't go below 35 without a real rate cut if they do then that's that's amazing but remember anything 35 and Below like we start talking hard Landing essentially so if you hold 35 still in the realm of soft Landing but if this starts plummeting below 35 on the ten year then we're going to be talking about hard landing real soon"

"if Bank of Japan and U to Double Down things get worse but if homie comes out it's like oh people are being too dramatic we're not going to be that aggressive we're going to and he starts talking doish then you could you could recover a lot and then in that case I would buy the I would buy the Nik and short to end"

"you are not going to get even though we've met the first criteria you have the vix above 40 so if there was going to be an emergency rate cut it's now possible however it does not happen just because the stock market is down so what does that mean that means you need the bond market to get disrupted or you need a bank to fail that's the only other times you've ever seen that"

"Powell like right now where it's just going to be the FED World Tour they're going to try to walk everybody back from the edge"

"I would honestly say if if you get if the yield curves uninverted and then we get a rate cut I think our recession is going to start"

"but if this Japan trade is truly unwinding then there is a lot that that's going to have to flow through the the whole economy the global economy"

"so look deflation so look around you just had five six% 10% you had a whole entire bull rally in Japan taken out in three days you are almost about to go negative on the NASDAQ year to date after melting up 27% crypto is up 30% in the year drop 177% in one day so literally this move and when assets drop like this this is bringing prices down interest rates are coming down the price of assets are coming down everything is starting to just deflate right now so yeah it'd be bad if inflation came back up right now that'd be awful but the harder we drop you're already getting a stimulus in a weird effect if you think about it you are literally getting a a beaten getting a beaten down in asset price it's not good it it hurts people but it does slow down inflation this is what you have been waiting for this is one of those Boom Financial conditions really tighten and instantly you go from wealth effect feeling good to wealth effect feeling bad and now you know if you if at the very least this could calm down inflation resurging because you just got a a heavy dose or a light dose of deflation"

"we're slowly moving into hard Landing why because we're going to be cutting rates while the data is coming down that's the problem so about two weeks ago people thought rates were going to come down but they had no inkling that the data was going to come down a lot of people didn't think that that the jobs data would be coming down rapidly and then it started to so that's the worry now because if you cut into bad data then that just essentially means that you're going to get a hard Landing rather than a soft Landing"

"I'll tell you that right now are you ready and this is how you get your emergency cut this is tinf foil but it's a theory you guys know how gold all of a sudden gold keeps dumping and you're like wow you would think that you know like all gold is like man if things are bad wouldn't gold go up but all of a sudden things get bad and they liquidate gold yeah same thing will happen to bonds so that's how you know Japan is really effing you up so you're going to have uh uh what's it called if the bonds start flushing while the market starts tanking and it's like a liquidation event then at that point you know that's the Japanese dumping our bonds because they need the money and then and then there you go then the bond market breaks and then the FED steps in uh and then there's your emergency cut"

"if we're uninverted and then Powell Cuts soon I probably would not be buying another house"

"I think we're going to have a shortterm bounce and then I think we're going to deal round two but I don't know about if that's going to happen today I think that may take all month"

"if Japan keeps going bad I don't think we could avoid it that's what I'm trying to tell you that's why it's kind of scary so if Japan doesn't turn [ __ ] around and they keep selling off and the Yen keep strengthening unfortunately I just think our our markets are going to get pummeled by it"

"September will be the bottom"

"I am leaning more towards downside if anything I think you're going to get uh I think you're going to get about like I don't know how much further we draw down I think we're going to get a random big pop and then I think you're going to get a real big death blow depending on what happens with the data Powell or the Yen"

"I think it could be another two weeks you know maybe spend one week going down and then up and then another two weeks doing that again and then have your big sell off and then that's it"

"this is going to be a mini flash crash that leads into something bigger"

"I think tomorrow is going to depend a little bit a lot of bit on Japan and then uh I think we're just going to kind of meander in a in a very fat range I think we could start moving like two% a day though until this all gets ettled"

"I don't I don't want to get ahead of myself but I feel like the China stocks won't do as bad because they're already dead so again I don't think the carry trade I don't think it hurts uh I don't think it hurts the China names as much as it hurts the US names"

"if the curve un inverts and then Powell starts cutting rates and then the data starts deteriorating I don't think that's going to be good I think it just i' I'd hold off for like 3 to 6 months"

"there is going to be a watch there's going to be a bounce and be like haha it's fine and then I think we're going to get the real event but for now this this is still one for the history books I think this was a wakeup call you can't really forget we thought that's what happened the other day but no this one was this one is wicked"

"I think it's out of the bottle it might be it might I don't know I think it's it's almost there it seems like it is but there's still like room like what if Japan pivots what if Japan walks things back but that's that's kind of what we're waiting on but we don't know yet so it's like if if because if it's separate like look at Apple's dropping out if this is separate and just all Japan and and Japan's the only one that could stop this it doesn't Nothing Else Matters then it doesn't matter what we get into and then the data is only just going to add to it or not but you're mean to tell me there's a gigantic fundamental unwind in money and currency and then you start getting a global selloff that's like that's it that's going to affect things you'll probably get some deflation just like today then there you go but we don't know if that's fully the case right now again even then as we're having this talk everybody in the world a good majority wants to even blame it on what happened last week with the jobs so who knows but I I think I think the genie is out of the bottle but I I also think you could kind of contain that perception for a couple of weeks"

"Kramer just said we aren't done selling off the bottom is in uh oh well all right maybe by the dip you just I think you just got to be mindful of the bounces because I think when they do bounce it's going to be quite vicious and then you're still going to be prone to flipping and having again we've we broken the threshold of these like two 3% down days"

"from now until any major US data we're you're going to be spinning the chamber every single night with Japan and then that's it that's the way I'm looking at it so if they do good we're g to wo you're G to have a you're going to Rally you wake up in Japan is bad you're screwed and it's going to be like that until we get you know decent data"

"I think it's possible I think we also have a bounce like I said I think it's going to be a mix of uh bouncing I think we'll have one more big bounce and then one more big flush and then we'll we'll decide whether it's policy leading us or not but if it's not it's kind of more about a i' be taking this week by week instead of day by day"

"no no no no that's what I was talking about today like even like the whole recession things uh is it just it comes down to uh what's it called like it's not about like recessions aren't like a breakup where you never talk to the market again it's just usually they last anywhere from like 3 months 6 months 12 months you know if it's really long and things are really bad it could go you know multiple years but usually you know when we look at the types of rate cuts and what happens to the market and the types of recessions you know they last for a couple of months and then things go back to normal so that's how I I'm like that's why you don't really have to be too worried will there be pain yeah but when it's all said and done as long as it doesn't hit Main Street you're even more better off but it lasts for a little bit and then turns around but it's never anything like permanent for long you know multiple decades and and eras where for years and years but you know there could be a lot of pain though like you could drop I mean maybe Japan maybe Japan the pain only lasts for like six 6 months nine months but we could go down like 50% or something you know I'm not saying that's going to happen but you know it's not like instead of selling off for multiple years I think it's you could probably make a multiple years worth of a move in a couple of months and then it's over and then you go back to normal or going back to a recovery mode and EXP ion after your contraction"

"I do think I have a good outlook for the rest of the month and you're going to have to kind of look for the signals and signs and it all just really depends on how we wake up"