Also heard same thing this wk from other services I listen to.  Maybe influencers trying to liquidity grab. Dump n’ pump

Matt - Have you mentioned in past that price going thru cycle dots, as around the abc's, indicates a wave 3 trending move?  

Reminder Trump speaks later today...could induce a timely pop to market at this inflection pt. 

BROS up again today. Nice mover recently; next demand zone into 75 if the coffee's strong enough...

I have a 40+ target on KMI; bought bunch down in basing pattern w/ LT outlook.  Obviously was a higher div payer back then. XLE has nice div now; Ive been buying that lately and ignoring these ST gyrations. If Uncle Warren is correct, which I place higher probability on, then energy space will be winner LT if one can ignore the gyrations along the way.

Consider KMI, XOM, XLE, PFE, UPS, etc all have great dividends and typ lower correlation to mkt swings. Personally, I stick w/ larger names/ETFs.  

These prices enticed me to unpack a vintage sterling silver flatware set of 12 to list on ebay.  I may regret selling them when silver hits $100+...

Matt - Is it valid to view this pullback as 4 waves w/ potential for one more flush, possibly into that larger demand zone?

BROS continues to move higher towards trendline...  BROS - Chart Link

Interestingly, the Fed website shows $16.801B repos injected today instead of $5.2B headlines. 

Agreed. Uncle Warren's strategic moves typically arent fully appreciated (understood) by the market until some time later.  Cant go wrong w/ BRK either.

Matt - What are your thoughts on BROS here? Seems like may want to push up into lower 70s supply zone. Weekly has a yr long coil. Ive been a swing trader of SBUX over the yrs and will chat w/ managers around holiday season to see how biz is going. This yr feedback was BROS is noticeably taking biz away.  

Most timeframes for this ratio above BB now...

Potential SPY 5min rising wedge

Classic pump n dump stock. Janx recently dumped hard as well on folks. For me, when I stopped trading no name stocks a long time ago is when I started making consistent money. Formulate your trading style; many, many ways to earn at this game. 

Definitely perplexing  market price action lately. In past this duration of sideways index action is a sign of distribution. Either way its forming notable zone.

Matt - has your probability on pullback to demand zone(s) changed? Odd market going sideways for this many sessions.

Glad I closed out SPX call options Wed; data feed shows very wide spreads. Has anyone traded these today? 

Im not seeing VIX divergence today. Being holiday week more likely to gap down over that trendline to fill open gap below.

I think those buying this mkt at these levels will be happy they did by year end.