This Hot Mess is DOA.
Shattered, not merely broken.
An event that closely followed the ES / Value Line
correlation but with far more Gusto.
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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.
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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.
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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.
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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...
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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 ...
