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Stock Market Waves Freedom's Flag, God Bless the Fed 11/9/21

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In the search for truth, justice, and the American way, I present the Flag of the Federal Reserve State of America. God Bless Lord Jaysus, who saves us. AY MEN! 

Dare I guess that this will break out to the upside, and that the next target would then be 4745? 

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This is just for intrepid day traders. 

For more on the big picture and elsewhere: 

Gold Cycle Projections Hold Good News

Relentless Rally Reaches Likely Reaction Point

Swing Trade Screens Have Buy Side Surge

Why Jerome Powell Had a Frog In His Throat

 

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Get your regular updates on all things monetary, and what that means for stonks. 

It Only Takes One House Fire to Start a Conflagration

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I pledge allegiance to the flag of the United Fed of America, and to the republic for which it stands, one nation under Jaysus, with liberty and justice for Primary Dealers. 

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The inflation data is becoming increasingly horrifying. The Fed printing and its transfer to the helicopters during the pandemic has finally given us embedded consumer price inflation. And it feels like it's going to run a lot hotter than anyone thought in their wildest dreams. 

The rally in Treasuries right now is the proverbial gift horse, and we're looking down its throat. 

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