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Knock Knock Knockin on Heaven's Door 6/12/24

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The market relentlessly pounds away at etching new highs in the stone overhead. Meanwhile the FOMCircus has come to town. We await ringmaster's Jay's Wall Street media freak show main event at 2:30 PM. What a bunch of clowns and ass kissing turds. It's just so tiresome. 

But trade it we do, and trade it we must. We are addicts.

If they punch the ES through this little resistance zone 5385-90, which also happens to be the 2-3 day cycle projection, then we're looking at a 5 day cycle projection of 5425. 

Drums keep pounding rhythm to the brain. 

1564bz

Today is Iternational Felafel Day. For me, it was yesterday. I didn't get enough sleep the night before my day of travel and I felafel because of that. But today I feel better. 

For moron the markets, see:    

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  • DrStool changed the title to Knock Knock Knockin on Heaven's Door 6/12/24
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Money money money money. US Department of the Treasury Temporary QE. 

Net Cash Pay Down in Millions of Dollars, by Date
Date Security Type Total Offering Total Publicly
Held Maturing
Net New Cash or
(Pay Down)
06/18/2024 Bills $200,000 $214,948 $(14,948)

 

But meanwhile, in the screens from yesterday's closing prices I had 129 stocks in good sell structures and just 25 buys. 2 of the buys triggered, and 23 of the sells. That's a huge number of triggered signals. Doesn't mean they're right. But I better adjust my port, and fast. 

 

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You will certainly get 1 thing right today. addict 

Through all the pain and euphoria, I can never put down the needle. 

who am I fooling, like an addict I dont want to

 

 

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4 minutes ago, Dr.Correll said:

You will certainly get 1 thing right today. addict 

Through all the pain and euphoria, I can never put down the needle. 

who am I fooling, like an addict I dont want to

You started out as a chile. 

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A voice in my head is telling me to click the sell everything button.

I never know whether to believe the voices in my head. 

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3 hours ago, DrStool said:

A voice in my head is telling me to click the sell everything button.

I never know whether to believe the voices in my head. 

Personally, I have learned to listen to that committee!

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2 hours ago, Jorma said:

It's just going to keep on going up until the shooting starts.

Who is the "Them" going to do the shooting?

Who are the "they" shooting at?

What would "Vulcan" logic dictate?

>: did the  mention of Vulcan Logic mandate drop the market for a few minutes? 🙂🖖

 

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5 day cycle projection still around 5475. But that reversal was right on time for a 5 day cycle high. I dunno. 

156f9n

 

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