I swear I can’t take a single day off without you guys making a mess of things. Now although I was busy with some code refactoring and bug fixing duties I kept a very close eye on equities yesterday just in case there may be a reversal play at hand. But what I’m seeing thus far leaves me with a rather mixed perspective. It’s time for a late June gloom momo update.
The VPS which was serving the Zero indicator until it died Monday afternoon mysteriously came back from the dead last night (no religious jokes please). Which of course had very little to do with the fact that Scott happened to have prepaid those cats for an entire year and thus managed to dispute the full payment with his CC provider. Because if that was the reason then it would serve as yet another reminder of the absolute and somewhat sad predictability of human nature.
It’s Monday and I wish I had some good news to report. But I’m not going to sugarcoat it, you know me better than that: the next two weeks are going to be rough. For one I just checked the event roster and it’s looking pretty ugly there, with a veritable laundry list of potentially market moving events scheduled every day this week starting tomorrow.
The impending G7 summit this weekend is pure manna from heaven for the giant clickbait machine more commonly referred to as the mainstream media. Turns out that Trump and Macron aren’t best buddies anymore which has kicked indignation on both sides of the political spectrum into overdrive. As usual I simply lean back and enjoy the spectacle in all its glory. While all the losers are picking sides, I’m picking entries – that’s the Evil Speculator way.