No, I’m not going to give boring, in depth technical analysis. My readers do not pay me for that.
No, I’m not going to explain, again, how Powell is an idiot however I will be writing a LONG dissertation on the Fed’s insanity this weekend.
No, I’m not to claim gold is the big winner (yet).
However I will remind everyone that this movie is old. It’s a remake. It sucked before, it will suck soon now.
Weird as old Elton is, he’s one of the greatest.
Speaking of weird, here is a NASDAQ chart from late 1999 to early 2001:
Needless to say many of us “old guys” have seen this. It started in 2000. It repeats with different names, different “mega tech” stocks.
![](https://i0.wp.com/johngaltfla.com/wp-content/uploads/2023/02/020223_APES_WASTELANDCAP_TWEET.jpg?resize=550%2C677&ssl=1)
Crap stocks, with crap technical formations, with crap fundamentals, and crap earnings. A sock-puppet dog with a microphone would like to offer some opinions on this to the “apes.”
![](https://i0.wp.com/johngaltfla.com/wp-content/uploads/2023/02/020223_MARKETWATCH_APPLEjgfla.jpg?resize=640%2C296&ssl=1)
App Store ain’t gonna fix this.
![](https://i0.wp.com/johngaltfla.com/wp-content/uploads/2023/02/020223_CNBC_EARNING_jgfla.jpg?resize=640%2C414&ssl=1)
Tom Lee did not approve of those headlines.
But don’t worry, Jim Cramer has turned bullish!
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