1130 UTC I’m back in town after spending almost two weeks on the road for which I shall spin some supply chain sorrow later on,…
Posts tagged as “S&P500”
Last night the Academy Awards were held in the land of fruits and nuts and when all is said and done nobody will care because…
If you thought Thursday and Friday of last week were bad days for the market, well, today was much, much worse. Breadth fell apart, volume…
Hopium springs eternal. Are you reelin’ in the years, Stowin’ away the time And the reason they are called the classics is because the music,…
After yesterday’s drubbing in equity markets the belief that indeed the bull might be heading to the slaughterhouse is starting to take hold as a…
The infallibility of the Federal Reserve Bank of the United States has now been called into question with the reality that most observers and serious…
But should anyone care? Volume was much more impressive than the last several weeks but really nothing to go “wow” over other than to observe…
The Western elites have their plans for a “Great Reset” but there are others in this world who have their own plans. That is a…
Ah yes, the annual Santa Clown rally has started and you know what that means? So what if it smells like Biden’s Depends? Buy, buy,…
Hurray! Why? The market rallied in the end when the shorts all covered the positions on their ETF known as SHIT (Stocks Honked for Investing…
This morning I said the following: The 50 DMA has to hold this week and CONgress must act quickly or this sucker is going to…
The market action yesterday was what every bull fears: -High volume -Massive distribution -A month end “window dressing” turned into a curtain fire -Market internals…
The “rally” on Monday was impressive at times with the Nasdaq and Nasdaq 100 both posting impressive gains. There is a “but” however to yesterday’s…
So far this would appear today’s markets are appearing to be the start of something or nothing. It is too early to worry as the…
Just a few quick observations before I head into the office today… Gold: It needs a weekly close on volume above $1860-$1865 range to move…