DrStool

That's the point. R for Red and Resistance, but Green powers through it. Have a great weak end!

What an amazing chart. I just can't get over it.

Stall here. And the 2-3 day cycle projection is just 4185. Friday night lights anyone?

30 minute bars. I would not want to be John Hussman, David Stockman, Sven Henrich, or Peter Schiff today. Really. How many years can you fight the Fed and fight the tape? The market just keeps ____ing you in the ___.

5 day cycle projection 4200. Watch this sucker lift off when they take out the top of this channel. Get your lube ready.

Nope. They told me I would need to wait at least another month.

Excellent! I'm heading out for a few hours. I'm going to the hood to see if I can score some vax.

This is an amazing thing to watch.

5 day cycle projection now 4195-4205, suggesting that they're going to blow through this channel.

The funny thing is that the bond funds are also breaking out. These people are going to get burned. Bad.

As I go through the screen charts, everything inflation related seems to be breaking out of base patterns. This may not be the transitory thing the Fed is hoping for. All the smart guys have been saying deflation first, then inflation. I think the opposite is more likely.

And another one for good measure.

I present this chart without comment for our goldbug friends.

My twitter follower numbers have broken out along with the market. That's odd. Good but odd. I have to give credit to Potatohead for some of that. Every time he touts me, I get a bunch of followers. The man is extremely influential. 😁

Bulls won today's Screen Game by a raw score of 49 to 22. That's swing trade buy signals vs. sell signals from yesterday's action. Two of the sell signals were inverse ETFs, so we can add those to the buy side for an adjusted score of 51 to 20. Buy signals are increasing as the market rises. There were just 11 buy signals on April 13. They've gone up every day. The market is gaining momentum breadth as it rises. This could go parabolic over the next couple of days. I've had higher targets in my Technical Trader weekly analysis for a few weeks. The market's daily internal dynamics are co

I just want to give Liquidity Trader Money Trends subscribers a quick heads up. The US Treasury is again going hog wild with T-bill paydowns this month, announcing $62 billion over the past week alone. There's actually a net paydown AFTER new coupon issuance. Date Security Type Total Offering Total Publicly Held Maturing Net New Cash or (Pay Down) 4/22/2021 Bills

Climb every rally, stream every ford, find a better Tesla, till you kill all the shorts. If you're not long, you're wrong. Hourly perspective as of 5 AM in New York. 5 day cycle projection 4180-85. Let's zoom in to the 30 minute bars. It's just as nauseating. The 2-3 day cycle projection is 4180. A closeup. More projectile vomiting dinosaur patterns. This one's preparing to launch. Anyone talk to John Hussman lately? If you are a new visitor, please register and join in! To post your observations and c

I like to quote old time news anchors. I have this tic. Among many.

Do have a nice night, and a good day tomorrow. Good night all!

Or dog and cat videos.

And they're falling over themselves inviting the rest of the world to come here. Jaysus!

I'll try. I'm having some vaccination frustration though. The vaccination program in this country is an absolute shit show. Beyond belief.

Have a great weak end!

I think I'll start working on my travel blog again.

Now getting the same read on the 5 day.