3309 Drysdale Ct
Edwardsville, IL 62025
Retrofitted old planes and tried to overcompensate for the
faults with computer software program. Hundreds dead and CEO
leaves with Millions in compensation. Seems fair.
Great Story. If I can have a fraction of that success in
the SPY system.
We started noting the spread between Smart Money and Dumb Money
Confidence over a month ago. And yet it continues to remain
stretched. Saying this is unusual is a major understatement. The
50-day average of the spread is nearing -60% for only the 2nd time
ever. Even though it triggered as sentiment recovered out of the
last two big bear markets, the Backtest Engine shows the S&P
still declined over the next month both times.
If there was any doubt about the persistence of buyers, then
there shouldn’t be after the past few weeks. They’ve
shrugged off worry after worry, and pressed stocks to yet more
all-time highs. Even buyers sometimes fret that maybe things are
getting out of hand. Nobody wants to feel like a fool for buying at
the top, and when we see remarkable price action like this, it
starts to worry even die-hard bulls. Remarkable it has been. For
the first time in more than 20 years, the S&P 500 has moved so
much, so fast, that it has closed above its upper Bollinger Band on
a daily, weekly, and monthly time frame. Not even the biggest
momentum moves of the past two decades can brag about that.
No Doubt. You cannot lose. Just keep backing up the
truck. Just got back from my Companies NSM and every body had
stock picking advice. I have never experienced this in all 10
years I have been at these meetings. So my take away is -
they are all right and I must buy all stocks that are recommended,
even ones that have negative earnings because one day they will
make a profit.
Commercial traders still have large short positions
MBOT breaking out of the wedge.
Not sure what to think of those tattoo's. Not going to
look too good when you are in your 70's (sagging Bull and Bear).
I used to live right near that big Bull statue down in
Battery Park City right on the Hudson River. It was a fun 4
years down there. Never had the itch to tattoo the Bull
And that's a wrap. Another $80 million put to work.
Look forward to seeing how much is going to be printed for
tomorrows open. I need to get into the ink
eye opening. You kind of new it always existed but the
article maps out all the players and the specific relationships.
I love how it says "might need until April". My question
why do they need to provide massive amounts of liquidity in the
repo markets? And why April? Something smells really
The jaws of death as they call it. My feeling is people
are caught off guard and get some hard selling beg of next week,
shake out weak hands and Bears come out and short the market hard
thinking this "is it" but then another then one more blast up
to fry all short positions (I like the first chart scenario).
Now as we always know - Price is key.
Where do you get the $80 Billion data from? That is just
nuts. The fed is creating a ferocious bubble and fostering
recklessness -that will end badly as they all do. "Jango".
I have been accumulating short positions in SPY and RUT
yesterday and this am. The Dumb money is all in. Mutual
funds are at 2% cash levels (lowest since 1999).
The fact that nothing blew up is why they are up. Another
morning jam job.
Good work as always.
so I get it. Load up short on ES, detonate a bomb.
Pick up a major payout. Then reverse the trade in the
am... rinse and repeat. The Iranians just learned how to get
rich on this deal.
Here we go again. Trump will say it is fine before
tomorrows open and then another blast off.
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