DrStool Posted November 4, 2021 Report Posted November 4, 2021 The Fed's "taper" announcement was actually just a signpost on the stairway to heaven. The 5 day cycle projection on the ES S&P 500 fugitures is now 4685. But the chart shows trend resistance at 4670 and 4700. The market always likes round numbers. 4700 is a done deal in my view. Today? Sure. Why not. I am assiduously working on a Liquidity Trader update with an analysis of what happened yesterday, a view of what's likely tomorrow, and a dive into real time tax collections to tell us what's actually happening as opposed to Mr. Powell's breathtaking double talk. Judging by how often he cleared his throat yesterday, it obviously even took his own breath away. For more: Gold Is in Perfect Equilibrium AND Maximum Uncertainty Stock Pause That Refreshes Swing Trade Screens Yield More Sells than Buys Again Get the big picture in your inbox every weekend. Get your regular updates on all things monetary, and what that means for stonks. It Only Takes One House Fire to Start a Conflagration
PullMyFinger Posted November 4, 2021 Report Posted November 4, 2021 Throat clearing you say? https://www.psychologytoday.com/intl/blog/let-their-words-do-the-talking/201605/throat-clearing-may-indicate-deception
DrStool Posted November 4, 2021 Author Report Posted November 4, 2021 5 day cycle projection edges up to 4690.
DrStool Posted November 4, 2021 Author Report Posted November 4, 2021 Covid case numbers in Poland are doubling every 8 days. Getting scary again.
DrStool Posted November 4, 2021 Author Report Posted November 4, 2021 Death rate rising even faster. Too many unvaccinated, non mask wearing, common-sense resisters in this country. It's like the US South and West.
Jimi Posted November 4, 2021 Report Posted November 4, 2021 3 minutes ago, DrStool said: Death rate rising even faster. Too many unvaccinated, non mask wearing, common-sense resisters in this country. It's like the US South and West. Gonna be awesome when the zombie-strain emerges, and we have to worry about catching COVID and defeating the undead.
MisFit Kid Posted November 4, 2021 Report Posted November 4, 2021 Zombie People, Zombie Corporations........... It all seems to be coming together/making more sense, right?
DrStool Posted November 4, 2021 Author Report Posted November 4, 2021 The Fed's mandate is to inflate and protect the values of the zombie bond portfolios of its zombie friends and sponsors.
Mkucstars Posted November 4, 2021 Report Posted November 4, 2021 Has Jay become a zombie? Cuz I can't imagine the other zombies are paying him much... Q's up 1.5% because... well just because. Inflation I guess. What a racket.
Mkucstars Posted November 4, 2021 Report Posted November 4, 2021 I see the moon now, getting closer, my we are moving pretty fast, shouldn't we be slowing by now? OMG, are we gonna crash? Into the moon, that is...
MisFit Kid Posted November 4, 2021 Report Posted November 4, 2021 21 minutes ago, Mkucstars said: Has Jay become a zombie? Cuz I can't imagine the other zombies are paying him much... Q's up 1.5% because... well just because. Inflation I guess. What a racket. Sorta been the theme since QE, ie......all or nothing risk "investing" SCHD = Schwab Dividend ETF SCHG ="Schwab Growth"/ FAANG/ The Horseman, et al./ The ones who will own it all GSPC is the 500, IXIC is the Naz
MisFit Kid Posted November 4, 2021 Report Posted November 4, 2021 What would Jesus buy in the markets right now......... That is a trick question.......
Recommended Posts
Archived
This topic is now archived and is closed to further replies.