This Hot Mess is DOA. Shattered, not merely broken. An event that closely followed the ES / Value Line correlation but with far more Gusto. ____________________________________________ The ONLY events that turn this are Monetary and Fiscal Policy changes to encourage the Zombies to join. Beyond that... Adios.
Basic Materials, Consumer Cyclical, Financial Services, and Real Estate are the Primary Sectors of the NYSE Composite. We indicated the NYSE COMP was reaching an extreme A/D low and suggested a rotation would likely provide lift. It does not appear to be sustainable, but for now, it's in...
The Broadest Measure, it showing signs of the furthering Depression's expansion. Independent Producers Dissolving. Supply isn't needed when the large segment is slowly driven out of Business. _____________________________________________________________________ It is that simple.
Beginning to see signs of Coca-Cola meeting Mentos - YouTube it. When the Mentos hit the Coke and the Cocaine remains Pure Bolivian Fish Scale.... the results are explosive. The Range here is extreme, Components on balance have been smoked and hard. Many Companies within it are Zombies Financially. Smiley Virus knows and belts it out in convincing...
Not much to add to today's commentary. Fed Policy error, defense of the indefensible. APPLE Hanging on by a thread. Sell Confirmed. ________________________________________ Congrats to the True Believers Entry, once again near Perfect.
NYSE COMP is far worse off Structurally @ NOW. That said, let's see how far they will press their Luck. I don't believe Consumer Sentient is going to IMPROVE unless Uncle Sam opens up the Stimmy can o' Worms again and barfs out $10,000 checks. Odds do not favor that as we would have 3.5 10 Year Yields. It is all on the Pelican at 3:05 PM EST. I believe the...
It's comical, how the operators are so desperately trying to keep this JUNK elevated. They can game it during lower volumes, but they clearly do not have the Support from anyone other than the FED to keep this MESS up here. It is going to collapse under its own weight. ____________________________________________________________________ The FED now has one...
The NYSE COMP has reached the lower-Price Objective. A 3 Day Selloff concluded Friday during Expiry. Will 3/3 of extend... __________________________________________________ Advances 1,164 Declines 2,184 Unchanged 153 New highs 93 New lows 112 Adv. volume 243,470,747 Decl. volume 687,043,457 Total volume ...