SPX/ES1! 1-2-3 HEAD SHOTs ONLY

Updated

BLUF: Looks & Smells like 1-2-3, I don't trust it but this "Market" wants to go Higher...TBD! All the smartypants are "Perplexed" and ALL the investments banks are "Long" or at least that's what they say, how they place there actual trade...trust me it's NOT what they say...WhoFookinKnows...BSFlagRaised, Spidey-Sence Heightened...Situational Awareness!!!

Note: This is a "Rip-Your-Face-Off" rally being driven by HFs & FookinGammaBro's....it's all good until you get punched in the face!

Simpleton-Leadership...ENERGY matters…”Fast is Smooth and Smooth is Fast” Find-Fix-Finish

Good Luck...Cheers...don't wager on HOPE...Hopium in BullShit!

***Updates throughout the day***

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If prices really can get so unmoored from fundamentals, investors are left with two basic strategies. They can ride the bubble. Or they can bet against overvalued stocks. A naive observer -- i.e., an über free-market economist -- might think that investors will choose the latter path. But, as usual, there's a (possibly apocryphal)** Keynes quote for that -- this time, that

"markets can remain irrational longer than you can remain solvent."

And that's why investors don't always short bubblicious stocks. Not only can a stock stay overvalued longer than an investor can afford to bet against it, but doing so opens them up to potentially unlimited losses for only limited gains.* (After all, a stock can theoretically rise an infinite amount, but it can only fall a finite amount). It's much easier to buy an overpriced asset in the hope that it will keep going up and up -- before unloading it on the greater fool. That's unfortunately a fairly apt description of what the big banks belatedly did as the housing bubble collapsed.

--The Atlantic 2012

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Correlation is NOT always Causation...Dont' Chase this market at these levels folks...it will RIP Your Fookin Face OFF!!!

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Covering....Selling and Rebalancing!

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Bearish W, should retest that first low...TBD. Lets see how it finishes off today?

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Bearish

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Trying to Reverse momentum at the end of the day!

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I am not saying you should rush out and buy Nasdaq futures because everything is hunky dory with the world. However, I am suggesting you think about the second order effects of this situation. Buying commodities seems the best play around. I think they go higher, it's only a question of timing.

themacrotourist.substack.com/p/moas-is-coming?token=eyJ1c2VyX2lkIjoxODMyMTAxLCJwb3N0X2lkIjoyNjcxMTAsIl8iOiJZM0ZRQiIsImlhdCI6MTU4MTEwNjAwNSwiZXhwIjoxNTgxMTA5NjA1LCJpc3MiOiJwdWItMjA0MzkiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.lrsbG8yMY2ydgCWCh6Ah7QmAteaaloMvavz_SxOyU-I

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Closing Out...Cheers

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At the Close....the Algo's worked there asses off this week ...Cheers...its Happy Hour!

MikeSans

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