Biden proposing windfall profits tax on energy producers

Here you go - https://www.zerohedge.com/markets/did-nikileaks-just-kill-dovish-fed-narrative-he-launched

I couldn't even get on their site at all yesterday. Tried several times over a couple of hours

Buying a few GLD calls here thinking that big press conference this afternoon re nation-state meddling a chance for some sabre rattling

US Justice Department: Merrick B. Garland, Attorney General of the United States, and senior Justice Department officials will hold a press conference on a significant national security matter. The press conference will be at 1:30 PM ET

Nibbled on some TSLA when it broke 200 and then moved back above little while ago. Looking kind of spiffy for the moment. Maybe ARK buying more, lol

Having a fire sale on FXI this am. Big move for it

UNG was bid like 17.50 at the time pre-mkt, now up almost a point

TSLA sitting right at 200

Looking at long term weekly trend line going back to mid 2020 on Natgas looks like we're closing in on support line around 4.50 - 4.60 ish, not far below where it's trading this am.  Is UNG or BOIL everyone's favorite play or is there some other that's the preferred?

Some pretty big swings overnite and now right back we started

Y, I've got an old line at 3811.50 going back months that's been real good. Quick look above and fail. Good for a quick 10 pt move

TNX hit 41.8 little while ago, has pulled back a little. Most commodities up however.

ES holding on to VWAP like a tick - has bounced off it like 5 times now. NQ doing same with 62% fib line around 10,778

Thanks Steve. Excellent newsletter

Interesting Stats - Chart I was trying to post Friday am but had computer troubles. 

I have 3618ish as 50% Fib from yesterday's move

Thought these results were interesting - especially when you look out a few months

What's crazy is that with all the gyrations and big selloff past couple of days The NAZ was basically up a 1/2% this week.  Personally sure doesn't feel like it.

Fair amount of news and Fed speak today

Nice little pop here when it broke the 5min down TL from about 2am - about 8 pts