The fix is in for tomorrow … expect “Stock Bellies” to explode higher, then at the
presser Spicoli throws ice on everything and down goes Frazier … only “shock &
awe” on the rate front from Spicoli is gonna get a negative reaction … anything
less than uber hawkish is gonna be seen as a pivot or a pause coming up shortly
… the “pain trade” is alive and well.
Today’s markets a bag of dog poo as everybody waits for tomorrow at 2 PM EST
… not unexpectedly, the DOW30 a real chopfest today, with again seeing
reversals all over the place … new lows beget rallies, and new highs beget
breaks … nothing can sustain itself and really move anywhere … the “Trading
Ratio” [TR] in DOW30 is fine, but as you’d expect ranges are very subpar … that
will change tomorrow and beyond … no trades today in this bag of slop … onto
tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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