DrStool Posted June 8, 2022 Report Share Posted June 8, 2022 They're killin' us with boredom. The old guys used to say, "Never short a dull market." Well, I disagree this time. But I don't know for sure of course. There's a very narrow decision zone on the ES S&P 500 24 hour continuous fuguetures. That's 4125-4165. Once they trade outside of that range, they should be on their way. Meanwhile, go back to sleep. Meanwhile, the 13 week bill keeps showing the Fed where to go. The yield on the 10 year Treasury is getting set to blow the roof off. Neither of these have anything to do with inflation. They have everything to do with supply and demand. QT, baby! https://liquiditytrader.com/index.php/2022/06/01/quantitative-tightening-is-here-and-the-effect-will-be-devastating/ Meanwhile, BTC continues to demonstrate what a worthless piece of trash that will endlessly and infinitely trend toward zero, looks like. We're on the doorstep of the next leg down. All crypto is worthless. New cryptos multiply like roaches. Infinite supply, limited demand. Target zero on all of them. They'll never get there, but watching them eternally halve should be interesting. Meanwhile, if you want to stay on top of the big picture, with not only clear analysis that has been mostly right for the past 22 years, but with strategic and tactical suggestions, and actual trading ideas, check out this list of summary pieces over at Liquidity Trader. 90 day risk free trial for new recruits! Like Pulling Gold Teeth June 7, 2022 Swing Trade Screens – Dipping A Short Toe Before the Next Big Wave June 6, 2022 Here’s Why It’s Too Soon to Go Short Again (Mostly)June 6, 2022 The US Economy, Including Jobs, Collapsed in May June 2, 2022 Quantitative Tightening is Here, and the Effect Will Be Devastating June 1, 2022 A Great Week for Swing Trade Screen Picks May 31, 2022 We Hold Our Gold Miners, Add Another May 24, 2022 Stocks Are Ahead of the Curve May 23, 2022 Dealer Positions Show It’s Not Getting Better and It Should Get Worse May 15, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter. Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2022 Author Report Share Posted June 8, 2022 It Ain’t Just Ether…… Link to comment Share on other sites More sharing options...
Jorma Posted June 8, 2022 Report Share Posted June 8, 2022 Funny thing about crypto is when it first started anyone could download whatever in the hell needed to be downloaded and start mining, as they say. Well not me. I'd spend a few minutes now and then to try and download the wallet or whatever in the hell you call it and the download always failed. I always had a vague idea that Comcast was blocking it but I don't know. Not that a single Pentium computer would gotten past the first shovelful but who knows. Now I'm left hoping my septic tank is a pot of gold. Link to comment Share on other sites More sharing options...
fxfox Posted June 8, 2022 Report Share Posted June 8, 2022 ARKK trading above the hourly EMA 200 for the first time since early April. They suck the suckers in... Link to comment Share on other sites More sharing options...
BurntOnce Posted June 8, 2022 Report Share Posted June 8, 2022 holy yen. Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2022 Author Report Share Posted June 8, 2022 Link to comment Share on other sites More sharing options...
Jimi Posted June 8, 2022 Report Share Posted June 8, 2022 38 minutes ago, DrStool said: Is that not a lot? Link to comment Share on other sites More sharing options...
Jorma Posted June 8, 2022 Report Share Posted June 8, 2022 Goin down? I'm ready to cue up Freddy. Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2022 Author Report Share Posted June 8, 2022 It's getting worse. Link to comment Share on other sites More sharing options...
Jimi Posted June 8, 2022 Report Share Posted June 8, 2022 5 minutes ago, DrStool said: It's getting worse. If they can only flatline it, then all the traders will die, and Wall Street can pick up ownership of the publicly-traded economy for dimes on the dollar. Devilish.... Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2022 Author Report Share Posted June 8, 2022 That's the plan. They call it the Illiterati Plan. Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2022 Author Report Share Posted June 8, 2022 George Soros and stuff. Link to comment Share on other sites More sharing options...
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