The greatest trick the bear ever pulled was convincing the world he didn’t exist.
The AI trade got a swift kick, brown envelopes were exchanged and rings were kissed.
The bull cycle is in effect, so the Dow ran bull premarket and then gave a f@$# you bear move right at the open, retreating 100%.
Midterm October is the best month of the year for the Dow and S&P 500. Uncle Dow is already leading the charge.
SPX above 7850 is a breakout and a run for 8000. Below 7800 it’s a run for the range lows.
2 indexes at new highs, 2 at new lows, and it’s still the same story playing out.
NazQuack prints a new all-time high while Uncle Dow sits some 3,000 points under his.
Last time the lazy bears crept in, we got 12-20% straight up. I don’t want to get caught with my pants down again.
Spun Around Like a Record, and NFP Could Spin Us Yet Again
Swings bearish, Poppers bearish, VIX jumping, and I’m as giddy as a Victorian undertaker in a cholera summer.
The SPX V-pattern has quietly become a range. The textbooks didn’t mention that.
One Popper, max profit by the close, and the community smashed it again.