TRENDING
Make no mistake, the real loser of the 2016 U.S. presidential election was not Hillary Clinton. No, it was nearly the entire Western mainstream media which up to the final moment last night clung to a political fairytale it tried so very hard to convince its readers over the past two years. No matter whether you are a Hillary or a Trump supporter and no matter how you feel about the 45th president of the United States as a person, this is something that should deeply upset and worry you long after your current euphoria or depression has subsided and given way to your daily routine.
Barring a meteoroid punching a hole through our moon or the St. Andreas Fault leveling the West Coast it seems that the collective sideways churn will most likely extend all the way into the November 8th presidential election. No matter where you stand politically I’m pretty sure you hate this tape even more than either Hillary or Trump. But let’s remember that bitching and complaining is the domain of losers. Instead let’s think about how we can take advantage of the situation.
In case you are wondering – no, I didn’t acquire a glue sniffing habit over the weekend. Let me explain the four scenarios above and it’ll all make [...]
Over the past year we have seen a many traps and tribulations on the equities side, most of it lacking any sense of meaning or direction. Our patience has been stretched, minds confused, fragile egos and opinions bruised, and most certainly a many trading accounts have been heavily eroded in the process. One would think that at some point there ought to be some type of resolution. Well, think again!
Once again the ice wall blocking the way to SPX 2100 and beyond proved too steep a hurdle for the bulls. Yesterday’s lackluster session was a bad omen in that it showed only obligatory participation near such an important inflection point. That’s not how to storm a stronghold that has held what at this feels like aeons
