The Weezer Squeeze took a more aggressive tone yesterday.
Prices moved higher to Upper Ranges in the midst of EPS season.
With the Semi Stimmy due prior to CONgress exiting stage left, and
Jerry and the Gang playing with shorter skirts sans skorts... it's a
toxic environment for Sellers.
INTC CEO has decisions to make... hurry up Call Holders in CONgress,
let's make a deal - give us our Stimmies. We'll be back for more later
as the $200 Billion Scientific "Investment" Giveaway is next.
Corrupt garbage, surrounded by it.
Lockheed needs to make the 375 - F35s, no chips, no F35s.
Taxpayers as hostages, but we knew that.
It's a matter of National Security.
The VX will continue to provide.
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Tesla may encourage a sudden downpour upon Price as 5/5 completes today
in the choppy uptrend. We'll know when Eron & Zach begin reviewing the
numbers. We should see a large Net Negative Cash Flow.
Hopefully the vomit comet of all things TeZ-Rah fails at MaxQ sending Eron
in a parachute-less spiral into Lake Mead.
Expedite this Judge.
Fanbois be damned.
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Apple, Microsoft, Google, NVidia, Amazon, and more to come...
The give-and-take Squeeze is looking to get the FOMO engaged, so far
its been a Gamma Squeeze on the backs of Put Buyers who remain a
wee bit early on the Doom Loop's return.
Patience, it arrives as soon all this "Good News, Fraud, Distraction" ends.
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The Dollar is simply reacting to the 6e's retest of its breakdown @ 103.
With Europe, relax Intel's promised to invest 36B in 2025.
Bonds sticking to their lower range for 10's.
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Advancing thru 400 on the SPY... provide the potential to squeeze further
and faster. Probability is low at present, although subject to change...
393 to 395 remains Resistance for now.
A very negative EPS season is being spun heavily - NETs are terrible.
How long can Wally game this Junk... patience, there remains a great
deal in the Wind and even more VX.
Fraudulent Q2 is another Chipsaw into the Buzzsaw.
The FOMC will frown upon outsized gains.
Keep a close eye on the DX, GOLD remains unconvinced.
24.25 is the LIS for the VIX - August with a large Roll Yield, use Cash VIX
for LIS.